Movado Statistics, Revenue Totals, Facts & News (2022)
Last Updated on: July 18th, 2021
Here are a few of the most interesting Movado statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Movado Facts
- Website: Official Website
- Year Founded: 1881
- Headquarters: Paramus, NJ
- Founder(s): Achille Ditesheim
- Current Chief Executive: Efraim Grinberg
What is Movado?
One of the world’s premier watchmakers, Movado Group, Inc. designs, sources, and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, LACOSTE®, SCUDERIA FERRARI®, REBECCA MINKOFF® and URI MINKOFF® watches worldwide, and operates Movado company stores in the United States. (source)
Movado Revenue Totals
Movado annual revenue:
- FY 2020: $700 million
- FY 2019: $679 million
- FY 2018: $567 million
- FY 2017: $552 million
- FY 2016: $594 million
Movado annual net income:
- FY 2020: $42 million
- FY 2019: $61 million
- FY 2018: $15 million net loss
- FY 2017: $35 million
- FY 2016: $45 million
Please note that some of these numbers are easier to find than others. A few of these Movado stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.