Movado Group

Movado Group, Inc. is a luxury watch and accessories company based in Paramus, New Jersey. Founded in 1961, it designs, sources, markets, and distributes timepieces and related products globally. The company operates in the luxury goods sector and employs approximately 1,411 people. Movado Group went public in 1993 and is a key player in the traditional watch market. The company boasts a diverse portfolio of owned and licensed brands. Its owned brands include Movado, known for its minimalist design; Concord, recognized for its wave bracelet; EBEL, a prestigious brand; Olivia Burton, an affordable luxury option; and MVMT, which targets millennials. Licensed brands include Coach, Tommy Hilfiger, Hugo Boss, Lacoste, Calvin Klein, and Scuderia Ferrari. Movado Group sells its products through various channels, including jewelry store chains, department stores, and online marketplaces, as well as directly to consumers via its e-commerce platforms.