Description
Movado Group 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, jewellery and other accessories, of owned and licensed brands, in addition to after-sales service activities and shipping. The Company Stores segment includes the Company's physical retail outlet locations in the United States and Canada.
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, CALVIN KLEIN and SCUDERIA FERRARI.
It also designs, sources, markets, and distributes jewellery and other accessories under certain of its brands. The Company divides its business into two geographic locations, such as the United States and the International operations.