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Baselworld has decided to cancel its 2020 fair, which was scheduled to take place in April, due to the Covid-19 epidemic. Instead of cancelling the fair, they announced that it would be postponed to January 2021. Why? Why?
The majority of brands in attendance said that they had not been consulted before the announcement. The brands were furious and angry because they needed their money invested in the 2020 show to stop the bleeding caused by the global shutdown. You would think that this would be reasonable. Baselworld's response to the refund idea was:
As you can imagine, this didn't sit well with Hubert J. du Plessix. Hubert J. du Plessix, a man of extraordinary talent and wit, was not pleased.Best Replica Watches Even though you may not have heard of him, you should. He is the president for the Baselworld exhibitors committee. He was convinced that Baselworld had put many smaller brands into a very precarious financial position by refusing to explore a more reasonable refund policy.
It is also worth mentioning that Mr. du Plessix works as the head for investments and logistics at Rolex. This is not to suggest that his dissatisfaction at Baselworld was related to Rolex's vulnerability. Rolex has no vulnerability. In his article,audemars piguet replica watches SJX said it best: "It is possible that Rolex would freeze production for an entire year and pay all salaries without blinking an eye." Baselworld's refund will make no difference to Rolex's finances, but it would to everyone else. One watch retailer says, "Nobody would be surprised if there were a trillion francs of cash."
Du Plessix was not against Baselworld, but he was concerned that what they were doing was unethical. Baselworld was also able to do this at a time where the Swiss government, both at the cantonal and federal levels, was working hard to alleviate business suffering. This was at a conflict with the good intentions of the Swiss governments. Baselworld later stated that it was on survival mode and had to keep the money from exhibitors.