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Movado 4Q Sales +1%, Profit -26% to $8M
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Movado Group reported that its sales rose almost 1 percent year on year to $123.6 million for the fourth quarter that ended on January 31. The retailer's cost of sales jumped 7.4 percent to $60.9 million...
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Financial-Legal
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Mar 21, 2013
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Jeff Miller
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Movado's 2Q Sales +4%, Profit +78% to $8M
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Movado Group reported that revenue rose 4.2 percent year on year to $118 million for the second quarter that ended on July 31. The retailer held cost of sales flat at $52.3 million, which helped...
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Retail
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Aug 28, 2012
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Jeff Miller
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Movado Appoints Lily Collins as Brand Ambassador
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Movado appointed Lily Collins as a brand ambassador for its updated ''Modern Ahead of its Time'' advertising campaign coming this fall. Collins made her film debut in the 2010 Academy Award-nominated film ''The Blind...
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Watches
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Aug 08, 2012
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Jeff Miller
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Movado's 1Q Sales +15%, Profit Improves to $7M
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Movado Group's sales in its first quarter that ended on April 30, rose 15.4 percent year on year to $103.7 million and cost of sales increased by only 8.2 percent to $44.6 million. The company, therefore, improved its profit to $6.6 million or 26 cents per share, compared with only...
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Financial-Legal
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May 31, 2012
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Jeff Miller
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Movado Sales +23%, Returns Profit of $32M
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Movado Group reported fiscal-year sales rose 22.5 percent year on year to $468.1 million for the period that ended on January 31. The company's cost of sales rose 6 percent to $211.8 million, which helped the...
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Retail
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Mar 29, 2012
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Jeff Miller
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Movado Group Recovers a Profit of $4M in 2Q
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The Movado Group reported a 33 percent year on year increase in second-quarter revenue for fiscal-year 2012 at $113.2 million and the cost of sales rose 28 percent to $52.3 million for the three months that ended on July...
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Watches
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Sep 02, 2011
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Jeff Miller
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Movado Group 4Q Sales +23% But Loss Widens to $32M
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(RAPAPORT) Movado Group's fourth-quarter sales rose 23 percent year on year to $101 million for the period that ended on January 31, 2011. However, the retailer's net loss grew 32 percent to $31.1 million, in part due to a non-cash charge of $32.6 million from impairment charges and discounted operations....
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Watches
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Apr 07, 2011
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Jeff Miller
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Movado 3Q Earnings Rise But Sales Were Flat
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Movado Group reported net income rose to $16.9 million during its third fiscal quarter compared with a loss of $20.9 million one year ago. Adjusted income from continuing operations in the third quarter came...
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Retail
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Dec 02, 2010
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Deena Taylor
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Mining
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Jul 08, 2010
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Rapaport
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Mining
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Jul 01, 2010
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Rapaport
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Retail
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Jun 24, 2010
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Rapaport
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Rough Markets
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Jun 10, 2010
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Rapaport
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Mining
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Jun 03, 2010
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Rapaport
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Mining
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May 27, 2010
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Rapaport
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Movado's 1Q11 Sales +17%, Boutique Division to Close
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Movado Group's revenue rose 17 percent year on year to $78.9 million and its cost of sales was up just 9 percent to $34.7 million during its first fiscal quarter of 2011, which ended on April 30, 2010. Even with an improved gross profit, the retailer reported a net loss of $10.7...
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Retail
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May 27, 2010
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Jeff Miller
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Mining
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May 20, 2010
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Rapaport
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Mining
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May 13, 2010
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Rapaport
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Research
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May 06, 2010
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Rapaport
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Gen Y Luxury Study Finds Trouble with Jewelry Brand Awareness
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The L2 Gen Y Prestige Brand Rankings measured the popularity of 105 iconic brands among the next generation of prestigious consumers — Generation Y — and found trouble brewing for retailers in the form of low watch and jewelry brand recognition. Although the legendary brands Cartier, Tiffany, and Rolex...
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Research
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May 05, 2010
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Jeff Miller
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Mining
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Apr 29, 2010
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Rapaport
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