Movado Group Inc. MOV

What this company does

Movado Group designs, sources, markets and distributes watches globally. As of January 31, 2026, the company's global workforce totaled 1,386 employees, comprising 991 full-time, 363 part-time and 32 temporary employees. The company conducts its business in two operating segments, Watch and Accessory Brands and Company Stores. Its Watch and Accessory Brands segment covers the designing, manufacturing and distribution of watches and, to a lesser extent, jewelry and other accessories under owned and licensed brands, along with revenue from after-sales service activities and shipping. Its Company Stores segment consists of the company's retail outlet business. The company's subsidiary Movado Retail Group, Inc. operates 53 retail outlet locations in outlet centers across the United States and four retail outlet locations in outlet centers in Canada. The company was incorporated in New York in 1967 under the name North American Watch Corporation to acquire Piaget Watch Corporation and Corum Watch Corporation, which had been the exclusive importers and distributors of Piaget and Corum watches in the United States since the 1950s. The company changed its name to Movado Group, Inc. in 1996.

Written from the business description in MOVADO GROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 19 March 2026. Every sentence was checked against that document before publication.