Following a seismic blow, when five of the biggest names in the global watch industry announced on Tuesday that they would be withdrawing from the Baselworld 2020/21 postponed and rescheduled showcase event, the hits keep on coming for a gravely wounded MCH, organisers of the show.

In a dramatic joint announcement earlier today, on a FHH headed press communiqué, Rolex, Patek Philippe, Chanel, Chopard and Tudor have announced their immediate departure from the giant Baselworld show,