In what is surely, surely the last press release relating to the collapse of Baselworld, the MCH Group has announced that it has “taken the decision not to hold Baselworld in 2021”. Insert saddest ever meme here. The release also outlines the “amicable” end to a dispute over brands accessing refunds for this year’s cancelled fair. It appears some remuneration has now been negotiated and accepted by brands including Rolex, Patek Philippe and TAG Heuer. “I welcome the constructive attitude of the representatives of the MCH Group, which has enabled us to find a balanced solution,” says Hubert J. du Plessix, President of the Swiss Exhibitors’ Committee. “I would also like to thank Patek Philippe, Rolex, Tudor, Chanel, Chopard, Hublot, Zenith and TAG Heuer, who, in a spirit of solidarity with the sector as a whole, have agreed to a lower refund so that the other exhibitors can benefit from better conditions.” Bernd Stadlwieser, CEO of the MCH Group, stresses: “We are pleased to have worked together and, in just a short time, found a solution that is acceptable to everyone. In the light of the large loss of revenue due to COVID-19 and our responsibility to all our stakeholder…
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