The organisers of BaselWorld are optimistic about the success of the show this year, with those behind the world's largest luxury goods show pointing to a robust market.

Events began on March 30th and will run until April 7th, with this year's show the result of a $668 million makeover.

Organisers expect nearly 90,000 visitors at the show, with attendants travelling from 100 countries, whilst exhibitor figures stand at 2,197 from 44 countries.

According to JCK, the event, which is the world's biggest watch and jewellery show, will offer great opportunities since the "who's who" in the global watch and jewellery business will all feature - with all the precious metals industries represented.

Jewellers including Bulgari and Raymond Weil share the stage with designers such as Donatella Versace, as the upcoming trends in the industry are mooted and analysts seek to evaluate the current state of the market.

Spokesmen for large jewellery and watch groups have all unveiled upward trends that predict healthy and positive business this year, with many identifying a positive mood at the show.

However, the weak US dollar could possibly have a negative effect on the amount of orders placed at the show by American buyers.

BaselWorld has been revamped and renovated over the last seven years and is now planning to focus more on "quality, not quantity".