Movado Group Inc - Company Profile
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Movado Group Inc (Movado) is a designer and manufacturer of watches. The company offers a variety of watches ranging from exclusive watches, luxury watches, accessible luxury watches, moderate and fashion watches to mass market watches. The company markets watches under own brands such as Movado, Ebel, MVMT, Olivia Burton and Concord. It also engaged in distribution watches of various third-party brands such as Coach, Hugo Boss, Tommy Hilfiger, Lacoste and Calvin Klein, Scuderia Ferrari watches. Movado get products manufactured from third party source operating\ in Switzerland, Mainland China and Hong Kong. It operate sales and distribution offices in Australia, Canada, Mainland China, France, Germany, Hong Kong, India, Spain, Switzerland, the United Kingdom, Mexico and the United Arab Emirates. Movado is headquartered in Paramus, New Jersey, the US.
Headquarters
United States of America
Address
650 From Road Street 375, Paramus, New Jersey, 07652-35516
Website
www.movadogroup.com
Telephone
1 201 2678000
No of Employees
992
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
MOV (NYSE)
Revenue (2023)
$672.6M
-10.5%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-50.6%
(2023 vs 2022)
Market Cap*
$388.3M
Net Profit Margin (2023)
XYZ
-44.8%
(2023 vs 2022)
* As of and is in US$
Movado Group Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Watches: | Owned brands: |
| Exclusive Watches | Concord |
| Luxury Watches | Ebel |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
Competitor Comparison
| Key Parameters | Movado Group Inc | Compagnie Financiere Richemont SA | The Swatch Group Ltd | Ralph Lauren Corp | Guess Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | Switzerland | United States of America | Switzerland |
| City | Paramus | Bellevue | Biel/Bienne | New York | Los Angeles |
| State/Province | New Jersey | - | - | New York | California |
| No. of Employees | 992 | 33,959 | 33,602 | 14,900 | 12,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Efraim Grinberg | Chairman; Chief Executive Officer | Executive Board | 2009 | 65 |
| Sallie A. DeMarsilis | Executive Vice President; Chief Financial Officer; Chief Operating Officer | Senior Management | - | 58 |
| Behzad Soltani | Chief Technology Officer; Executive Vice President; President - Commercial | Senior Management | 2020 | 51 |
| Richard Isserman | Director | Non Executive Board | 2005 | 88 |
| Alex Grinberg | Senior Vice President-Customer Experience; Director | Executive Board | 2011 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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