Some AD News - Govberg/The 1916 Co. Merger
This may be of more regional interest in the US though it also includes global locations: https://www.forbes.com/sites/robertanaas/2023/11/01/watchbox-govberg-radcliffe-hyde-park-jewelers-merge-form-the-1916-company/?sh=25434544577b
Also https://www.yahoo.com/lifestyle/watchbox-govberg-jewelers-expand-become-120000050.html
I've never been, but my understanding is that Govberg is one of the, if not the, major establishment ADs in the Philly metro area. Beyond Govberg now having a wider presence in the US and globally, I thought it interesting that they're positioning themselves as a certified preowned Rolex dealer. With the Bucherer acquisition, I would've thought Rolex was going to try to handle that market in-house, but maybe not? Curious what the WC community thinks about what, if anything, this portends....
Fell down the watch rabbit hole just recently - before, almost never thought about them, now can't go a day without reading or viewing something about watches.
So Govberg and WatchBox keep expanding. I think they have received some outside investment. Their site looks great. Their collector “lounges” look great. I have been inside their NYC one as it’s across the street from my work.
It just makes more sense for the investors to grow the business to have national & international sales opportunities.