movadogroup
Designs and distributes watches and luxury jewelry globally.
Company facts
- Founded
- 1881
- Employees
- 1,450
- Headquarters
- United States
- CEO
- Efraim Grinberg
- Type
- Public
- Listed
- NYSE: MOV
- Subsidiaries
- MVMT, Olivia Burton, EBEL, Concord
About
Movado Group’s founder, Gedalio Grinberg, a visionary entrepreneur, was critical in the establishment of luxury watch marketing. He escaped Cuba in the early 1960’s and came to the United States with his young family to begin the journey that would lead to the company that Movado Group has become. Today, Movado Group is recognized as one of the world's premier watchmakers, designing, manufacturing and distributing watches for some of the most recognized and respected names in time that reach a diverse mix of consumers sold throughout North and South America, Europe, Asia and the Far East. Movado Group offers a strong portfolio of ten widely respected brands including Movado, EBEL, Concord, Olivia Burton, MVMT, Coach Watches, HUGO BOSS Watches, Lacoste Watches, and Tommy Hilfiger Watches. The company is strongly positioned in the over $600 billion traditional watch market and possesses many of the world’s most sought after brands. They have seen an acceleration in sales growth across owned and licensed brands and maintain a strong balance sheet with positive cash flow. Movado’s enduring legacy is not only about timepieces but also about the artistry and innovation that flows through every design, making them a leader in the luxury watch market.