In this interview I speak with Danny Govberg CEO of WatchBox on the future of the pre-owned luxury and vintage watch market and how the balance a business operating in multiple continents.
WatchBox is a destination for luxury pre-owned timepieces, offering an expertly curated inventory of luxury pre-owned watches for sale, personalized client services, educational opportunities and editorial content.
WatchBox is the result of a game-changing partnership between Danny Govberg, CEO of Govberg Jewelers, Tay Liam Wee, former owner of Sincere Watch, and investor-entrepreneur Justin Reis. This partnership brings together unprecedented watch industry experience, innovative technology, sophisticated data systems and marketing, as well as financial strength and business acumen to positively transform the multi-billion-dollar pre-owned luxury watch industry.
WatchBox acquires Chronofy the “Blue Book of Watches” (November 2018)– The service allows independent watch retailers to price and accept trade ins, and WatchBox will purchase the watches as the prices provided in the Chronofy App. This allows retailers to handle trade-ins, which is an obstacle for most retailers that don’t have a market for preowned watches and don’t know how to price them: http://usa.watchpro.com/breaking-news-watchbox-buys-chronofy-promotes-pricing-service-pre-owned-watch-dealers/
WatchBox opens Swiss office (September 2018): To follow up our Hong Kong opening in 2017 and Partnership in South Africa earlier this year, we officially opened in the heart of the Swiss watch industry in September: https://robbreport.com/style/watch-collector/watchbox-opens-experiential-retail-space-in-switzerland-2820545/
WatchBox was the primary launch partner in eBays “Authenticated Watches” program: https://techcrunch.com/2018/09/05/ebay-expands-its-authentication-program-to-luxury-watches/
BREAKING NEWS: Watchbox buys Chronofy and promotes its pre-owned watch pricing service to dealers - WatchPro USA http://usa.watchpro.com
WatchBox in Switzerland is Like a Horology Amusement Park https://robbreport.com
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