Jewellery & Watch owners to sell exhibition business

Jewellery & Watch owners to sell exhibition business

At the start of the year Ascential announced it was undertaking a strategic review of its exhibitions business to assess all options The board has now concluded that a sale is in the best interests of all shareholders in order to allocate capital to higher growth areas of the business that enable customers to succeed in the rapidly changing digital economy. ITE Group already operates several trade events globally including fashion events Moda, Scoop London and Jacket Required in the UK as well as a jewellery event – Jewelry Salon in Russia. As well as Jewellery & Watch, which is part of giftware show Spring Fair, the deal also includes the sale of six other events including Autumn Fair and fashion event Pure London. Ascential chief executive Duncan Painter, said in a statement: “The strategic review of the exhibitions business was undertaken to ensure that we prioritise our time and capital on enabling our . More

Popular products near you

Popular Posts

The Roger Dubuis Excalibur Twofold Is Beautiful Any Time Of The Day

... composite material made of 99.95 per cent silica that is specifically developed by Roger Dubuis ...

read more

Patek, Tudor and TAG Heuer's latest watches are singing the blues

In the wake of the coronavirus pandemic and the major watch shows declaring they would not take plac...

read more

The Purnell Escape II Double Tourbillon Comes To Life

Purnell is a brand with a philosophy that can be summarized in just two words: "Only tourbillons." D...

read more

Montblanc's Davide Cerrato On How The Luxury Watch Industry Will Emerge From A Chaotic 2020

The watch industry, then finds itself at something of a crossroads, as does one historic watc...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries, products and services