Last $41.03 USD
Change Today +0.095 / 0.23%
Volume 124.2K
MOV On Other Exchanges
New York
As of 1:27 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

movado group inc (MOV) Snapshot

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11/5/13 - $48.50
52 Week Low
02/5/14 - $34.77
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movado group inc (MOV) Details

Movado Group, Inc. designs, sources, markets, and distributes fine watches. The company operates in two segments, Wholesale and Retail. It offers its watches under the Coach, Concord, Ebel, ESQ, Scuderia Ferrari, HUGO BOSS, Juicy Couture, Lacoste, Movado, and Tommy Hilfiger brands to jewelry store chains, department stores, independent regional jewelers, licensed partner retail stores, and a network of independent distributors. The company also provides after-sales and shipping service. In addition, it operates retail outlet stores. As of January 31, 2014, the company operated approximately 35 retail outlet stores. It operates in the United States, Europe, the Americas, Asia, and the Middle East. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.

1,100 Employees
Last Reported Date: 03/28/14
Founded in 1961

movado group inc (MOV) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.0M
Chief Financial Officer and Principal Account...
Total Annual Compensation: $486.2K
Vice Chairman and Chief Operating Officer
Total Annual Compensation: $717.3K
Chief Information Officer and Senior Vice Pre...
Total Annual Compensation: $475.8K
General Counsel and Secretary
Total Annual Compensation: $371.0K
Compensation as of Fiscal Year 2014.

movado group inc (MOV) Key Developments

Movado Group Launches New Captain Series Watch Collection

Movado Group, Inc. has launched Captain Series watch collection. The Captain Series is comprised of a trio of watches designed to honor Derek Jeter for his leadership on and off the field and to commemorate the close of his extraordinary 20-year Major League Baseball career.

Movado Group, Inc. Announces Executive Changes

Movado Group, Inc. announced executive leadership moves in support of its long term growth strategy. Ricardo Quintero joins the company as President of Movado Group, Inc., effective July 14, 2014. Mr. Quintero will direct the company's brands, marketing and international expansion efforts, reporting to Efraim Grinberg, Chairman and Chief Executive Officer. Mr. Quintero most recently served at The Estée Lauder Companies as Clinique's Senior Vice President, Global General Manager -- Market Development. In this position, he was responsible for providing global leadership to achieve growth and profitability for Clinique across all regions and markets, where he drove market share gains, expanded into emerging markets and strengthened new distribution channels for the brand. Rick Coté, who served as President and Chief Operating Officer since 2010, has been promoted to Vice Chairman and Chief Operating Officer.

Movado Group, Inc. Promotes Julian Addison to President of Movado Group Asia Pacific

Movado Group, Inc. has promoted Julian Addison to president of Movado Group Asia Pacific. Mr. Addison, previously head of global value chain operations, will be co-located in Hong Kong and the US and will report to Rick Cote, President and COO, of Movado Group, Inc. In his new role, Mr. Addison will be responsible for leading the Movado Group Asia Pacific teams, developing corporate strategies for the region and strengthening the regional alignment and coordination of the Company's brands, operations and licensing partnerships. Mr. Addison joined Movado Group in 2004, and has held various leadership roles in finance & strategy, sales & inventory planning and most recently, global value chain operations. Prior to Movado Group, Mr. Addison worked at Rothschild, an independent investment bank headquartered in London.


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Valuation MOV Industry Range
Price/Earnings 21.1x
Price/Sales 1.8x
Price/Book 2.2x
Price/Cash Flow 20.7x
TEV/Sales 1.5x

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