Movado Group, Inc. Overview
Pro stress-test →Movado Group designs, sources, markets, and distributes watches worldwide under Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company operates a dual-segment model with owned/licensed watch brands and direct-to-consumer company stores, competing in the accessible luxury and fashion watch categories.
Strategic Profile
Pro stress-test →Movado brand comparable sales grew 17.7% within company stores, while licensed brands overall grew 6.4%. Management is increasingly optimistic about improving dynamics in the fashion and accessible luxury watch categories, citing stronger demand from women and younger buyers. The company maintains a strong balance sheet with $183.9 million in cash and no debt.
Competitive Landscape
Pro stress-test →Movado competes with Fossil Group and Signet Jewelers, while larger conglomerates like Richemont dominate ultra-luxury tier; Movado occupies strong niche in accessible luxury and fashion watch categories. Key risks include continued smartwatch industry growth and global consumer confidence fluctuations.
Industry Context
Movado Group, Inc. operates in Luxury Goods - Watches and Accessories.
Key facts
Founded: 1961 · Headquarters: Paramus, New Jersey · Revenue: $161.8M (Q2 FY2026)