SQUAWK/NEWS
Account
Theme
Account
Menu
Live News GEOPOLITICS ARTICLE H impact

Qatar’s luxury market attracts 34,000 visitors

Many Gulf events have been postponed or canceled because of the war, but Qatar’s annual bonanza of bling was lively last week Many Gulf events have been postponed or canceled because of the war, but Qatar’s annual bonanza of bling was lively last week. More than 34,000 people attended the six-day Doha Jewellery & Watches Exhibition, and many — unlike this reporter — weren’t lookie-loos. Doha’s exhibition center was transformed into a gallery of coveted gems and timepieces, with the cars at the valet reflecting the wealth of the clientele inside. Shoppers were reluctant to talk, but several said they attend every year because exhibitors (there were more than 50 representing 500 brands) bring in inventory that isn’t usually available in Qatar. One jeweler said sales in a single week were like Valentine’s Day, Mother’s Day, and Christmas all rolled into one. For those seeking iced-out Pateks, or more modest trappings, the exhibition returns in late April.

Many Gulf events have been postponed or canceled because of the war, but Qatar’s annual bonanza of bling was lively last week Many Gulf events have been postponed or canceled because of the war, but Qatar’s annual bonanza of bling was lively last week. More than 34,000 people attended the six-day Doha Jewellery & Watches Exhibition, and many — unlike this reporter — weren’t lookie-loos. Doha’s exhibition center was transformed into a gallery of coveted gems and timepieces, with the cars at the valet reflecting the wealth of the clientele inside.

Shoppers were reluctant to talk, but several said they attend every year because exhibitors (there were more than 50 representing 500 brands) bring in inventory that isn’t usually available in Qatar. One jeweler said sales in a single week were like Valentine’s Day, Mother’s Day, and Christmas all rolled into one. For those seeking iced-out Pateks, or more modest trappings, the exhibition returns in late April.