Govberg Jewelers
With an investment of $8.5 million dollars, Govberg’s new 20,000-square-foot building offers an innovative, shared workplace that unites departments previously spread between five facilities: Govberg’s pre-owned watch division, marketing, technology, finance, and administration and watchmaking.
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“The substantial investment in our headquarters represents confidence in the future of the watch category, our positive long-term outlook, and our grasp of today’s luxury customer,” said Danny Govberg, CEO of Govberg Jewelers. “The move is part of our long-term vision for tech-enabled luxury commerce as we become more agile and focused in 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’s three-story Bala Cynwyd headquarters eschews the retail industry’s familiar “back office” with a construction favoring daylight, incorporating on all floors five-foot-tall windows spanning the entire building perimeter.
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