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