High-End Times at Baselworld 2014

Baselworld has always been a magnet for the world’s leading luxury players, and this year was no different. The Swiss watch and jewelry fair, held March 27 to April 3 at the redesigned Basel Exhibition Center, saw plenty of activity at the high end.For one thing, retailers are reportedly in the market for more unusual, rare colored stones such as paraiba tourmaline. “Stores are definitely understanding paraiba—and are asking for it,” says Divyanshu Navlakha, co-owner of Sutra, based in Houston. “We’re also selling $30,000-and-up pieces now more than ever.”In general, exhibitors reported that bigger-ticket items are selling without difficulty, and sales of uncommon goods like fine baroque South Sea pearls are selling better in the United States than in previous years. In a similar vein, Jonas Hjornered of Beverly Hills, Calif.–based Ivy New York says tsavorites and unheate

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