Company Movado Group, Inc.

MOV

US6245801062

Apparel & Accessories

Market Closed - Nyse Other stock markets 04:00:02 2025-01-17 pm EST			5-day change	1st Jan Change
19.12 ^USD	+1.49%		+0.16%	-2.85%

Jan. 17	Movado Partners with Derrick Adams to Unveil New Artist Series Collection	CI
Jan. 02	BWS Financial Initiates Movado at Buy Rating With $31.50 Price Target	MT

Business description: Movado Group, Inc.

Movado Group, Inc. designs, sources, markets, and distributes watches globally. The Company operates through two segments: Watch and Accessory Brands and Company Stores. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to after-sales service activities and shipping. The Company Stores segment includes its retail outlet business. Its portfolio of watch brands consists of owned brands, such as MOVADO, CONCORD, EBEL, OLIVIA BURTON and MVMT as well as licensed brands, such as COACH, TOMMY HILFIGER, HUGO BOSS, LACOSTE, and CALVIN KLEIN. The Company also designs, sources, markets, and distributes jewelry and other accessories under certain of its brands. The Company divides its business into two geographic locations, such as the United States operations, and the International, which includes all other non-United States company operations.

Number of employees: 1,283

Sales by Activity: Movado Group, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024
Watch and Accessory Brands	612M	447M	626M	640M	569M
Company Stores	88.57M	59.04M	106M	112M	104M

See all business segments

Geographical breakdown of sales: Movado Group, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024
United States	302M	215M	346M	334M	290M
Europe	234M	189M	248M	247M	205M
The Americas (Excluding The United States)	63.09M	33.42M	47.61M	58.65M	62.55M
The Middle East	55.38M	36.97M	57.13M	77.45M	60.53M
Asia	46.26M	31.9M	32.96M	35.34M	53.81M

See all geographic segments

Managers: Movado Group, Inc.

Director	Title	Age	Since
Efraim Grinberg CEO	Chief Executive Officer	67	1980-05-31
Sallie DeMarsilis DFI	Director of Finance/CFO	60	2007-12-31
Behzad Soltani CTO	Chief Tech/Sci/R&D Officer	53	2020-06-08
Alex Grinberg PRN	Corporate Officer/Principal	62	2011-04-07
Linda Feeney AUD	Comptroller/Controller/Auditor	-	-

See MOVADO GROUP, INC. governance

Members of the board: Movado Group, Inc.

Manager	Title	Age	Since
Efraim Grinberg CHM	Chairman	67	2009-01-30
Richard Isserman BRD	Director/Board Member	90	2005-06-13
Alex Grinberg BRD	Director/Board Member	62	2011-04-10
Peter Bridgman BRD	Director/Board Member	73	2014-02-19
Stephen Sadove BRD	Director/Board Member	73	2018-08-22
Alan Howard BRD	Director/Board Member	65	1997-08-31
Ann Kirschner BRD	Director/Board Member	74	2019-06-19
Maya Peterson BRD	Director/Board Member	45	2022-01-31

Composition of the Board of Directors

Shareholders: Movado Group, Inc.

Name	Equities	%	Valuation
Royce & Associates LP 9.288 %	1,456,809	9.288 %	29 M $
BlackRock Advisors LLC 7.952 %	1,247,256	7.952 %	25 M $
DFA Australia Ltd. 6.958 %	1,091,346	6.958 %	21 M $
Vanguard Fiduciary Trust Co. 6.053 %	949,425	6.053 %	19 M $
Citadel Securities GP LLC 3.120 %	489,379	3.120 %	10 M $

Name	Equities	%	Valuation
Grinberg Group Partners 48.92 %	3,245,021	48.92 %	64 M $
Efraim Grinberg 31.79 %	2,108,697	31.79 %	41 M $
Alex Grinberg 5.855 %	388,420	5.855 %	8 M $

List of MOVADO GROUP, INC. shareholders

Company details: Movado Group, Inc.

Movado Group, Inc.

650 From Road Suite 375

07652-3556, Paramus

+201 267 8000

http://www.movadogroup.com

Group companies: Movado Group, Inc.

Name	Category and Sector
MGI Luxury Group Gmbh
Movado Group of Canada, Inc. Movado Group of Canada, Inc. Other Consumer SpecialtiesConsumer Durables Movado Group of Canada, Inc. designs timepieces. The company is headquartered in Hamilton, Canada.	Other Consumer Specialties
MGI Luxury Group SARL MGI Luxury Group SARL Other Consumer SpecialtiesConsumer Durables Part of Movado Group, Inc., MGI Luxury Group SA is a Swiss company that specializes in luxury timepieces. MGI Luxury Group is based in Biel, CH. The company's Concord brand is known for its elegant, innovative, and iconic designs that showcase Swiss craftsmanship. The company recommends having your timepiece serviced at one of their authorized after-sales service centers.	Other Consumer Specialties
SwissAm Products Ltd. SwissAm Products Ltd. Other Consumer SpecialtiesConsumer Durables Part of Movado Group, Inc., SwissAm Products Ltd. is a Chinese company. The company is located in Hong Kong.	Other Consumer Specialties
Movado Watch Co. SA Movado Watch Co. SA Other Consumer SpecialtiesConsumer Durables Part of Movado Group, Inc., Movado Watch Co. SA is a Swiss company that designs, manufactures and distributes watches. The company is based in Grenchen, Switzerland.	Other Consumer Specialties

See all subsidiaries

Watches

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
MOVADO GROUP, INC.	+1.49%	+0.16%	-32.46%	-49.19%	424M
SWATCH GROUP	-1.06%	+3.01%	-24.52%	-46.34%	9.1B
CITIZEN WATCH CO., LTD.	+1.22%	+0.55%	-2.36%	+82.16%	1.4B
SEIKO GROUP CORPORATION	+4.13%	+1.59%	+78.95%	+126.88%	1.2B
FIYTA PRECISION TECHNOLOGY CO., LTD.	-0.50%	+4.34%	-6.18%	-17.83%	527M
CITYCHAMP WATCH & JEWELLERY GROUP LIMITED	+1.20%	+13.51%	-23.64%	-43.24%	464M
KDDL LIMITED	+2.76%	-2.06%	-2.97%	+178.61%	389M
TIMEX GROUP INDIA LIMITED	+3.49%	+12.31%	+22.23%	+110.79%	219M
FOSSIL GROUP, INC.	+1.72%	-6.35%	+42.74%	-82.73%	94.15M
TIME WATCH INVESTMENTS LIMITED	-1.59%	-1.59%	-22.50%	-55.71%	83.29M
Average	+1.29%	+1.07%	+2.93%	+20.34%	1.39B
Weighted average by Cap.	-0.01%	+2.20%	-11.06%	-8.87%