MCH Group who runs Baselworld in Deep Trouble

[enjoythemusic]

Originally Posted by Etschell

Business News: Baselworld Organiser Forecasts Annual Loss of Over US$100m... MCH will endure “an annual loss running into the three-digit millions.”

What does he think MCH is with triple-digit annual losses, Tesla or something? Can't they find a way to have Big Gov bail them out, or at least offer big tax breaks and subsidies like Tesla gets? Maybe they don't quite have a grasp on how to work today's business atmosphere?

Have literally been to hundreds of luxury goods shows; sounds to me like show mismanagement combined with a lack of understanding business and government models.