Bain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.
Govberg Jewelers Hires Claudio Terjanian
The watch industry veteran has been appointed to the newly created role of director of retail to help facilitate Goveberg’s “Retail 3.0” luxury commerce strategy.

Bala Cynwyd, Pa.--Govberg Jewelers has named Claudio Terjanian to the newly created role of director of retail.
Terjanian reports directly to CEO Danny Govberg.
In his new role, Terjanian will be instrumental in “facilitating the company’s goal for the future of luxury commerce,” which Govberg has dubbed “Retail 3.0.”
The strategy brings together personal touch experiences with the digital space to provide a place for education, entertainment and personalized client service.
To help do this, Terjanian will host a streaming show, “Top Shelf Tuesday,” every Tuesday at 6 p.m. There, he will engage with clients and fellow watch enthusiasts while sharing a passion for high-end timepieces and the luxury experience with a growing audience.
Episodes of “Top Shelf Tuesdays” can be viewed on YouTube.
Claudio joins Govberg with more than 15 years of watch industry experience, including a seven-year tenure at the Franck Muller Group and eight years with Richemont as the director of sales for Roger Dubuis North America.
In these roles, he worked closely with Govberg Jewelers and other leading watch retailers, discerning watch collectors from around the world and professionals involved in all aspects of the watch category.
This experience gives him the ability to connect with clients, colleagues and industry management, given his understanding of the challenges of the modern brick-and-mortar environment and the opportunities that Govberg’s platform and network present, the retailer said.
“As an authority on watches, respected by both the industry and our extended Govberg network, Claudio embodies the energy, character and entrepreneurial spirit to blend the offline and digital Govberg experiences,” Govberg said. “We are thrilled to have him represent and lead our team.”
Founded in 1916, Govberg Jewelers now is one of the largest independent retailers for fine watches in North America, providing a wide selection of exclusive and limited-production luxury watches as well as a pre-owned inventory.
Govberg sells at its three flagship stores--in Philadelphia and Ardmore, Pennsylvania, and Cleveland, Ohio--as well as online.
The company also recently renovated its headquarters outside of Philadelphia, opening the space up and adding five-foot-tall ceilings as well as features that reflect its vision of tech-enabled luxury commerce, including a watch “trading floor.”
This week, Jewelers of America announced the 2018 Gem Award nominees and Govberg Jewelers is nominated in the "Retail Innovation" section, a new category recognizing businesses that are evolving along with the retail landscape.
The Latest

The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.

The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

From coin pendants to diamond shields, these old world-inspired jewels are the perfect accessory for an epic journey.


Our Piece of the Week pairs a checkerboard-cut amethyst with an ivy green silk cord.

Mildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.

“Art Deco” fuses ancestral techniques, rare materials, and modern perspectives as a tribute to the optimism and curiosity of the movement.

The watch company will design, manufacture, and distribute Kate Spade New York watches.

The higher tax is set to go into effect in August and will apply to loose polished diamonds as well as precious and base metals jewelry.

The “Enchanted Garden” series features a cherry, lemon, and pear that each hold a little secret inside.

The show, recently acquired by Rockview Management Group, will be held at New York City’s Javits Center from Aug. 2-4.

Smith offers retailers guidance on creating an environment where natural and lab-grown diamonds can both thrive.

Former Emerald President and CEO Hervé Sedky has transitioned to the role of senior advisor.

The 12-piece capsule collection transforms from brooches to pendants.

A Botswana government official told lawmakers Anglo has selected The Global Diamond Consortium, an entity chaired by Penny, to buy De Beers.

The new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.

The collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.

She will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.

Organizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.

Woodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.

A WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.

The founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.

Submissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.

Valeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.























