SurveysApr 03, 2025
2025 Retail Sales to Grow More Slowly Amid ‘Uncertainty,’ Says NRFThe National Retail Federation expects retail sales growth to return to pre-pandemic levels as consumers continue to face inflation.
IndependentsAug 25, 2017
Govberg Jewelers Opens New Headquarters in Philly Suburbs
The space underwent 18 months of renovation to better reflect its vision of tech-enabled luxury commerce, including a watch “trading floor.”
Govberg Jewelers’ renovated headquarters in the suburbs of Philadelphia features a “trading floor” on the second level, where associates engage with clients across the world.
Bala Cynwyd, Pa.--After an $8.5 million investment and 18 months of renovation and construction, retailer Govberg Jewelers has opened its new headquarters in a Philadelphia suburb.
Located in Bala Cynwyd, the three-story, 20,000-square-foot building is a shared workplace that brings together departments that previously were spread among five facilities: pre-owned watches, marketing, technology, finance, administration and watchmaking.
All floors have five-foot tall windows that span the entire perimeter of the building, allowing sunlight to flood the first-floor state-of-the-art watchmaking facility, where nine Swiss-trained watchmakers and refinishers service and repair hundreds of timepieces every month.
The second floor houses Govberg’s operations, administration and the digitally-focused pre-owned watch department, where concierge-style associates engage with clients across the world from what the company is referring to as its “trading floor.”
Here, the team of “traders” acquires luxury timepieces from private collections and estates while also accepting watch trade-ins and new purchases.
Meanwhile, the third floor houses the company’s executive department--marketing, technology and finance--where community spaces, conference rooms and designated lounge areas are an integral part of the floorplan to allow for collaboration, productivity and creativity, the company said.
The space’s décor reflects both its main point of business for more than 100 years through design features like wall clocks by the watch brands that Govberg Jewelers represents, as well as its embrace of startup culture, with aspects like autographed sports memorabilia from legendary athletes, playful artwork and life-sized superheroes found around the office.
CEO Danny Govberg said, “The move is part of our long-term vision for tech-enabled luxury commerce as we become more agile and focused on introducing new concepts to the marketplace. We recognize today’s customer wants a trusted partner to buy, sell and trade luxury pre-owned watches with convenience and ease. Our new headquarters provides space and resources to scale these services in a manner unique to the watch category.”
Govberg Jewelers celebrated its 100th anniversary last year but received attention for the modern, technology-driven way it answers the demands of today’s consumers. It was mentioned in an article from The New York Times about Swiss watchmakers beginning to sell online, a space for which it provides a model with its omnichannel approach.
In 2015, the company launched its own app, Govberg OnTime, geared toward tech-savvy shoppers. It offered
Editors' Picks
Sponsored by
a platform for buyers who want to buy, trade and sell new and pre-owned watches, allowing users to see how much a specific watch sold for over a twelve-month period and giving them a benchmark to price their own watch for resale.
This spring, it was rebranded as WatchBox by Govberg, as it also redesigned its functionality, user experience and aesthetic--the watch pricing guide feature has a more advanced proprietary algorithm that factors secondary market analysis, estimated market value and recent market sales for more than 80,000 unique models, and that data is supplemented with descriptions and details of each model, related news articles and purchase availability. They also updated the shopping feature.
This spring, it was rebranded as WatchBox by Govberg, as it also redesigned its functionality, user experience and aesthetic--the watch pricing guide feature has a more advanced proprietary algorithm that factors secondary market analysis, estimated market value and recent market sales for more than 80,000 unique models, and that data is supplemented with descriptions and details of each model, related news articles and purchase availability. They also updated the shopping feature.
More on Independents
The Latest
TrendsApr 03, 2025
Tallulah Willis Imbues Antique Engagement Ring With MagicThe 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel.
SourcingApr 03, 2025
Canadian Mine Produces 158-Carat Yellow Diamond Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
CollectionsApr 03, 2025
Buccellati to Open Immersive Exhibition in MilanThe multisensory experience, open April 8-13, will feature the brand’s silver creations among dream-like scenes of natural landscapes.
Weekly QuizApr 03, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Policies & IssuesApr 03, 2025
Jewelers of America to Hold Webinar on TariffsThe virtual event will take place April 7 at 3 p.m.
CollectionsApr 02, 2025
Bea Bongiasca’s ‘Tarallo’ Collection Expansion Is a ZooThe pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.
Brought to you by
Natural Diamonds Should Mean MoreNatural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.
MajorsApr 02, 2025
Neiman Marcus’ Dallas Flagship Will Remain Open, For NowParent company Saks Global said the iconic location will be open through the holiday season as it decides what to do with the space.
SourcingApr 02, 2025
Winston’s Collection of Natural Color Diamonds Now on Display in D.C. Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.
Events & AwardsApr 02, 2025
Punchmark to Host Client WorkshopThe educational event will take place in Charlotte, North Carolina, this May.
MajorsApr 01, 2025
QVC Group to Cut 900 Jobs in the U.S.The layoffs come amid the TV shopping channel’s efforts to restructure and focus on live shopping through social media.
Events & AwardsApr 01, 2025
U.S. Antique Shows Adds Fall Show in FloridaThe debut event will take place in Miami’s Coconut Grove neighborhood this fall.
Events & AwardsApr 01, 2025
TJS to Host Discussion on Jewelry Industry’s Labor ShortageThe roundtable will take place May 17 ahead of the trade show’s welcome dinner.
CollectionsApr 01, 2025
Monica Rich Kosann Says ‘Good Grief’ in Peanuts Jewelry CollectionThe “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.
Recorded WebinarsMar 31, 2025
Watch: What Do We Mean When We Say ‘Recycled’ Gold?Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.
TrendsMar 31, 2025
Amanda’s Style File: Dripping in DiamondsDiamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.
MajorsMar 31, 2025
Lashbrook Expands Into Luxury Golf Gifts With AcquisitionThe Utah-based company known for making wedding bands has acquired Doubloon Golf.
WatchesMar 31, 2025
Bulgari CEO Jean-Christophe Babin Will Also Head LVMH WatchesThe longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.
CrimeMar 28, 2025
2 Suspects Arrested in $1.7M Smash-and-Grab Robbery of NY Jewelry StoreAuthorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.
SourcingMar 28, 2025
19th-Century Jade Book Now Available in EnglishLotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.
CollectionsMar 28, 2025
Piece of the Week: Löf’s ‘The Valentine’ RingThe ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.
SurveysMar 27, 2025
Consumer Confidence Falls in March Amid ‘Gloomy’ OutlookThe Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.
AuctionsMar 27, 2025
300-Year-Old Ring Linked to Witch Trial Judge Goes Unsold at Auction However, two medieval jewels surpassed estimates at Noonans Mayfair’s recent jewelry auction in London.
WatchesMar 27, 2025
Austin Butler Joins Breitling as Brand AmbassadorThe Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.
SourcingMar 27, 2025
Susan Jacques, Gaetano Cavalieri to Headline 2025 ICA Congress The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.
WatchesMar 26, 2025
Bulova Celebrates 150th Anniversary With Art Deco WatchesThe “150 Art Deco” collection features a Miss America timepiece and a pocket watch from the brand’s Archive Series.
