Grand Seiko’s Grand Plan to Win Over Western Watch Lovers [Fortune]
Movado Group Inc. (MOV)
Last movado group inc. earnings: 3/26 06:45 am
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Source: Fortune
Among the savviest clutch of watch aficionados, Grand Seiko has earned cult status. It’s a brand coveted for its handmade craftsmanship, innovative technology, and graceful interpretation of Japanese culture distilled on the wrist. However, for much of its existence few outside this devoted following have been familiar with Seiko’s high-end, luxury line. That’s because since its debut nearly 60 years ago, Grand Seiko has been manufactured in Japan by-and-large for Japanese consumption. No longer. In a nod to the growth in luxury in general and mechanical timepieces in particular, in October, Seiko announced it was spinning off Grand Seiko as an independent brand. While Grand Seiko became available globally in 2010, this move signaled the company’s intention to make a major play for a largely unrealized slice of the U.S. top-end market. “We have lots of room to grow,” explains Akio Naito, the company’s former CFO, and recently installed chairman and CEO of the U.S. subsidiary,
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News
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- Movado Group Announces Appointment of Debbie Forman-Pavan as President of North America SalesBusiness Wire
- Movado Group, Inc. Just Beat EPS By 9.9%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Movado Group, Inc. (NYSE:MOV) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
MOV
Earnings
- 8/24/23 - Beat
MOV
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- MOV's page on the SEC website