Sources have just confirmed that this year luxury brand, David Yurman, has pulled out as an exhibitor at the international watch and jewelry fair, Baselworld, taking place April 25 to May 2 in Basel, Switzerland. After a long tug-of-war between the two powers, the company finally made it public that it won’t be in attendance, as it prefers to focus on its growing international business at this point.

That being said, sources in the know said that Yurman was not pleased with the location of his booth this spring, and according to a source, negotiations have been tense over the years between Yurman and the people of Baselworld.

Yurman denied this speculation, saying, “With a burgeoning global business and a focus on retail and shop-within-shop properties, we have decided to market ourselves independently of Basel next year.”