Baselworld/SIHH

I Think it is quite probable the same will happen with Basel. Timing couldn’t be worse for the (already suffering) fairs. The industry is apparently already suffering due to the effects of Corona virus.

We could see this coming weeks ago; these fairs cost already a lot of money, interest from manufacturers to participate was already declining for years, corona is hurting sales already plus it will hurt number of fair visitors. This year is written off, m... 

The question is how will global economy cope with the inevitable pandemic.

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The industry is not going to like the cancellation of the event. It's going to spiral the industry into a further recession. Retailers are already not likely to buy a lot of inventory this year because of the slowing economy. The cancellation of W&W will ...