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Monday, 19th April 2004 (6295 views)

High US demand in watches and jewellery has been reflected at this year's Basel fair.<BR/><BR/>Business at this year's event is reportedly the best it has been since 2001, according to exhibitors from the industry's largest trade fair.<BR/><BR/>Organisers of Basel World 2004 believe half of the global turnover for the sectors is a result of business at the fair, which features pieces from luxury companies such as Bulgari and Gucci.<BR/><BR/>Francois Thiebaud, president of Tissot, one of Swatch's top three brands told Reuters: "Confidence is back. The first few months of the year were really excellent. (We saw) really good double digit (sales) growth." <BR/><BR/>A host of gold items will be available from companies including Rolex, Timex Corp and LMVH's Tag Heur.<BR/><BR/>The fair will have around 80,000 attendees this year, an increase of a fifth compared to 2003.

 

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