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MOV Stock - Movado Group Inc.

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Movado Group Inc. logo

Movado Group, Inc., a global leader in watch design, sourcing, marketing, and distribution, operates through two core segments: Watch and Accessory Brands, and Company Stores. The company boasts a diverse portfolio featuring renowned brands such as Movado, Concord, Ebel, Olivia Burton, and MVMT, alongside licensed brands including Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and Scuderia Ferrari. Movado Group, Inc. caters to a wide array of customers including jewelry store chains, department stores, independent regional jewelers, and a network of independent distributors, bolstered by its presence on online marketplaces and licensors' retail outlets.

In addition to its robust wholesale operations, Movado Group, Inc. engages directly with consumers through its own e-commerce platforms, enhancing accessibility and brand engagement. The company's comprehensive service offerings extend to after-sales support and efficient shipping services, ensuring customer satisfaction across its global footprint. As of January 31, 2022, Movado Group, Inc. operated 51 retail outlet locations, further solidifying its presence in key markets.

Founded in 1961 and originally named North American Watch Corporation, the company rebranded as Movado Group, Inc. in 1996. Headquartered in Paramus, New Jersey, Movado Group, Inc. continues to uphold its legacy of innovation and craftsmanship in the watch industry, driving growth through strategic brand management and expansion into emerging markets. With a commitment to quality and customer-centric approach, Movado Group, Inc. remains a pivotal player in the global watch market.

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Stock Sector: Consumer Durables: Recreational Goods


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