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Country
US
Industry
Consumer Discretionary
Market Cap
Small Cap
Num. Employees
992
IPO Date
Sep 30, 1993
Country
US
Industry
Consumer Discretionary
Movado Group, Inc. engages in the design, manufacture, and distribution of watches. The company is headquartered in Paramus, New Jersey and currently employs 992 full-time employees. The firm 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, jewelry and other accessories, of owned and licensed brands, in addition to after-sales service activities and shipping. The firm Stores segment includes the Company’s retail outlet business. 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, and CALVIN KLEIN. The firm also designs, sources, markets, and distributes jewelry and other accessories under certain of its brands. The firm divides its business into two geographic locations, such as the United States and the International operations.
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Although not as potentially rewarding as high-growth stocks like Innodata (NASDAQ: INOD), dividend stocks also give investors a cushion during market volatility.
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