Movado Group Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Efraim Grinberg
- Full Time Employees
- 1,386
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- 650 From Road Paramus NJ United States 07652-3556
- IPO Date
- Sep 30, 1993
- CIK
- 0000072573
- Website
- movadogroup.com
- Similar Companies
- Business
- Movado Group, Inc. Movado Group, Inc. designs, sources, markets and distributes fine watches worldwide through its Watch and Accessory Brands segment as well as company stores; its principal owned brands include Movado, noted for its iconic Museum Dial, EBEL, Concord, Olivia Burton and MVMT, while licensed brands encompass Coach Watches, HUGO BOSS Watches, Lacoste Watches, Tommy Hilfiger Watches and Calvin Klein Watches; the company also offers jewelry, tabletop products and other fashion accessories, with after-sales and shipping services provided to customers such as jewelry store chains, department stores, independent jewelers, online marketplaces and licensors' retail outlets. Founded in 1961 as North American Watch Corporation and renamed Movado Group, Inc. in 1996, it maintains headquarters in Paramus, New Jersey, and operates across North and South America, Europe, Asia and the Far East, targeting diverse consumers from luxury seekers to millennials via wholesale, e-commerce and direct-to-consumer channels. Recent initiatives feature the launch of the Movado Artist Series Collection in collaboration with artist Derrick Adams in January 2025, benefiting the Studio Museum in Harlem; the second chapter of its "Always in Motion. Since 1881" marketing campaign spotlighting ambassadors like Ludacris, Jessica Alba, Christian McCaffrey, Julianne Moore and Tyrese Haliburton; MVMT's expanded partnership with motocross racer Jett Lawrence; a $25 million incremental marketing investment for brand revitalization and geographic expansion into markets including India, the Middle East, Brazil and Mexico; alongside fiscal 2025 results reflecting net sales of $653.4 million, operating income of $20.0 million and a focus on cost optimization amid macroeconomic pressures.
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