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Movado Group

@movadogroup.com

A website of Movado Group, Inc.

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Movado Group is a renowned watchmaking company based in the United States. The company was founded in 1881 by Achilles Ditesheim in La Chaux-de-Fonds, Switzerland. In 1983, the business underwent a significant transformation when the company was acquired by Gedalio Grinberg, a visionary entrepreneur.


Grinberg moved the headquarters of the company to the United States, specifically to Paramus, New Jersey. Movado Group is primarily involved in designing, manufacturing, and distributing watches under various brand names. Their main brands include Movado, Concord, Ebel, Olivia Burton, and Coach, among others.


Movado stands out for its sleek and minimalist designs, often characterized by a single dot at 12 o'clock as an iconic symbol. The group also engages in licensed watchmaking for renowned fashion brands such as Tommy Hilfiger, Hugo Boss, and Lacoste, further expanding its product portfolio. The company operates on a global scale, with a significant presence in key international markets.


It has established subsidiaries and joint ventures in various countries, serving as a testament to its commitment to expanding internationally. Some noteworthy subsidiaries of Movado Group include SC International Watches Ltd., which focuses on the distribution of licensed brands in Europe, and Movado China, which handles operations in the Asia-Pacific region. Movado Group has established itself as a leading player in the watch industry.


The company has been successful in capturing a substantial market share with its diverse product lineup and wide brand recognition. Its global sales have consistently remained strong, contributing to its position as one of the most prominent watchmakers in the world. In recent years, Movado Group has experienced noteworthy events and achievements.


One significant event was the acquisition of MVMT, an emerging direct-to-consumer watch brand, in 2018. This acquisition allowed Movado Group to enter the affordable luxury segment and appeal to a younger demographic. Currently, Movado Group continues to thrive in the industry.


The company's dedication to innovation, quality, and design has enabled it to maintain its market position and cater to a diverse customer base. Movado Group constantly seeks opportunities to expand its product offerings and strengthen its presence in the global market while staying true to its heritage of excellence in watchmaking

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