Omar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.
WatchBox Hires 3 Executives to Lead New Swiss Division
Patrik Hoffmann, Herbert Gautschi and Susanne Hurni all have at least three decades of experience in the watch industry.

Philadelphia--WatchBox has established a Swiss division, naming three executives to lead it.
Danny Govberg, CEO of Govberg Jewelers, launched the platform with Liam Wee Tay and Justin Reis in 2017. It is an e-commerce platform for the buying, selling, and trading of pre-owned luxury timepieces, and provides watch education, collection exploration and more.
Now, the company is expanding into Switzerland to complement the buying, selling and trading operations in the United States and Hong Kong and bringing in three watch industry veterans to help do it.
Patrik Hoffmann has been named executive vice president of the company’s Swiss division, Herbert Gautschi is vice president of business operations and Susanne Hurni is the division’s vice president of marketing.
Hoffman joins the company with more than three decades in the watch industry and experience in the Americas, Asia and other major markets for the luxury watch industry.
He most recently served as CEO of Ulysse Nardin, which included him overseeing the acquisition by the Kering Group in 2014 and the transition, and also held roles at Oris SA and watch distribution company Swiss Prestige Ltd.
“Patrik brings considerable strength, knowledge and perspective of the watch industry to WatchBox,” Govberg said. “He worked alongside, collaborated with and learned from one of the more creative watch entrepreneurs of our time, Rolf Schnyder, and he experienced the transition from a family business to a true global powerhouse. This experience is unmatched in our industry, enriching WatchBox’s mission to drive change in the pre-owned category.”
Hurni joins WatchBox Switzerland after having served as the head of marketing and communications for Ulysse Nardin for nearly 34 years, starting at the brand in 1984 and remaining there until the end of 2017.
Gautschi also has more than three decades experience in the watch industry.
He was instrumental in developing the Gucci Timepiece division in its formative years, served as CEO of a multi-client private watch manufacturer, founded NHC with master watchmaker Vincent Calabrese and initiated the acquisition of Vincent Bérard SA by the Timex Group.
Gautschi also supported the re-launch of niche brand Julien Coudray 1518 in 2011 before he founded his own company to design luxury consumer goods experiences worldwide.
The Latest

The New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.

Lilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The organization has awarded a total of $42,000 through its scholarship programs this year.


The winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.

As summer winds down, celebrate the sunny disposition of the month’s birthstones: peridot and spinel.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Moshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.

Xavier Dibbrell brings more than a decade of experience to the role.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.