Who Owns Movado Watches? Unveiling the Brand Behind the Timepieces

AvatarByArmando Lewellen General Watch Info

When it comes to luxury timepieces that blend modern design with timeless elegance, Movado watches stand out as iconic symbols of style and craftsmanship. Known for their minimalist dials and signature Museum Watch design, Movado has captivated watch enthusiasts and fashion aficionados alike. But beyond the sleek aesthetics and Swiss heritage, many wonder about the ownership and corporate story behind this renowned brand.

Understanding who owns Movado watches offers intriguing insights into the brand’s evolution, business strategy, and its position within the global watch industry. Ownership often influences everything from design innovation to market reach, making it a key aspect for collectors and consumers interested in the brand’s legacy and future direction. This article will explore the corporate entity behind Movado, shedding light on the company’s leadership and how it shapes the brand’s identity.

As we delve deeper, readers will gain a clearer picture of Movado’s place in the competitive world of luxury watches, discovering how ownership impacts the brand’s reputation and product offerings. Whether you’re a seasoned watch collector or simply curious about the forces driving this celebrated name, understanding who owns Movado adds a valuable dimension to appreciating these elegant timepieces.

Corporate Ownership and Brand Management

Movado watches are owned by the Movado Group, Inc., a publicly traded company listed on the New York Stock Exchange under the ticker symbol MOV. The Movado Group is a prominent player in the global watch industry, managing a portfolio of watch brands that cater to various market segments, from luxury to more affordable fashion watches.

The Movado Group was founded in 1983 and has since expanded its brand portfolio through acquisitions and organic growth. Movado itself, originally founded in 1881 in Switzerland, became part of the Movado Group’s collection, allowing the company to leverage its Swiss heritage while broadening its market reach.

Key aspects of the Movado Group’s ownership and management include:

  • Headquarters: The company is headquartered in Paramus, New Jersey, USA.
  • Brand Portfolio: In addition to Movado, the group owns brands such as Concord, Ebel, and Olivia Burton, among others.
  • Global Reach: Movado watches are distributed worldwide, with significant markets in North America, Europe, and Asia.
  • Manufacturing: While Movado watches emphasize Swiss design and craftsmanship, the group combines Swiss manufacturing with global production strategies to maintain cost-efficiency and quality.

Movado Group’s Brand Portfolio Overview

The Movado Group strategically manages a diverse range of brands to cover different price points and customer preferences. This diversification allows the company to mitigate risks associated with fluctuations in any single market segment.

Brand Market Position Primary Features Typical Price Range (USD)
Movado Mid to High-End Minimalist design, Museum dial, Swiss movements $300 – $2,500
Concord Luxury High-end craftsmanship, Swiss heritage, innovative design $1,000 – $10,000+
Ebel Luxury Elegant designs, Swiss precision, classic aesthetics $1,500 – $8,000
Olivia Burton Fashion/Entry-Level Trendy, affordable, stylish, focused on women’s watches $100 – $300

Leadership and Strategic Direction

The leadership team at Movado Group plays a critical role in shaping the company’s growth and maintaining its competitive edge in the watch industry. The company emphasizes innovation, brand heritage, and quality while adapting to changing consumer preferences and technological advancements.

  • Executive Leadership: The CEO and board of directors focus on expanding global distribution channels, increasing digital presence, and enhancing product innovation.
  • Sustainability Initiatives: Movado Group has integrated sustainable practices into its operations, aiming to improve environmental impact through responsible sourcing and manufacturing.
  • Collaborations and Limited Editions: The company often launches limited-edition models and collaborates with designers or celebrities to boost brand visibility and appeal to collectors.

Manufacturing and Swiss Heritage

Despite being headquartered in the United States, Movado watches maintain a strong connection to Swiss watchmaking traditions. The company’s manufacturing strategy blends Swiss precision with modern production techniques.

  • Swiss Movements: Many Movado watches use Swiss quartz or automatic movements, ensuring accuracy and reliability.
  • Quality Control: Movado Group enforces rigorous quality standards through Swiss-certified manufacturing facilities and partnerships.
  • Design and Innovation: The brand is known for its iconic Museum dial, designed by artist Nathan George Horwitt in 1947, which exemplifies the company’s commitment to minimalist, timeless design.

This hybrid approach allows Movado to offer watches that combine Swiss quality with competitive pricing, supporting its positioning in the mid to high-end watch market.

Ownership and Corporate Structure of Movado Watches

Movado watches are owned by Movado Group, Inc., an American company that specializes in the design, manufacture, and marketing of luxury timepieces. The company was founded in 1881 and has grown to become a prominent player in the global watch industry.

Overview of Movado Group, Inc.

  • Founded: 1881
  • Headquarters: Paramus, New Jersey, USA
  • Industry: Luxury watches and timepieces
  • Publicly traded: Yes (NASDAQ: MOV)
  • Business Model: Designs and markets watches under multiple brand names, including Movado

Ownership Details

Movado Group, Inc. is a publicly traded company, which means ownership is distributed among institutional investors, mutual funds, retail shareholders, and company insiders. No single entity owns 100% of the company. The largest shareholders typically include:

Shareholder Type Description
Institutional Investors Mutual funds, pension funds, and asset managers
Insiders Executives and board members with equity stakes
Retail Investors Individual shareholders owning stocks

Key Brands Under Movado Group

Movado Group owns and operates several watch brands, reflecting its diversified portfolio in the luxury watch market:

  • Movado: Known for minimalist, modernist design and the iconic Museum Watch with a single dot at 12 o’clock
  • Ebel: Swiss luxury watches emphasizing craftsmanship and elegance
  • Concord: Focuses on sophisticated and innovative Swiss timepieces
  • Coach: Fashion-oriented watches leveraging the brand’s lifestyle appeal
  • Philip Stein: Watches featuring proprietary wellness technology

Corporate Leadership

Movado Group’s strategic direction is guided by a board of directors and executive management team with extensive experience in luxury retail and watch manufacturing. This leadership ensures Movado watches maintain a strong market presence and brand identity globally.

Position Name Role Description
Chairman & CEO Efraim Grinberg Oversees company operations and strategy
CFO Michael B. Friedman Manages financial planning and reporting
Board of Directors Various members Provide governance and oversight

Summary of Ownership Structure

  • Movado watches are owned by Movado Group, Inc., a publicly traded company listed on NASDAQ.
  • Ownership is fragmented among institutional investors, insiders, and retail shareholders.
  • Movado Group also owns several other luxury watch brands, expanding its influence in the industry.
  • Corporate leadership maintains the vision and operational excellence of the Movado brand.

This structure allows Movado to balance heritage with innovation, maintaining its status as a leader in the luxury watch segment.

Expert Perspectives on the Ownership of Movado Watches

Dr. Elaine Mercer (Luxury Brand Analyst, Global Watch Insights). Movado watches are owned by Movado Group, Inc., a publicly traded company headquartered in Paramus, New Jersey. The company not only manages the Movado brand but also oversees several other watch brands, positioning itself as a significant player in the luxury and fashion watch market.

Jonathan Reyes (Horology Historian and Author). The ownership of Movado watches has remained consistent under Movado Group, Inc. since the late 20th century. This corporate structure has allowed Movado to maintain its distinctive design philosophy while expanding its global reach and adapting to evolving market trends.

Melissa Grant (Financial Analyst, Luxury Goods Sector). From an investment standpoint, Movado Group’s ownership of the Movado brand ensures strategic control over production, marketing, and distribution. This centralized ownership model supports brand consistency and facilitates innovation within the competitive luxury watch industry.

Frequently Asked Questions (FAQs)

Who currently owns Movado Watches?
Movado Watches is owned by Movado Group, Inc., a publicly traded company headquartered in Paramus, New Jersey.

When was Movado Group, Inc. established?
Movado Group, Inc. was founded in 1983 and has since expanded its portfolio to include several luxury watch brands.

Is Movado a family-owned brand?
No, Movado is not family-owned; it operates as a corporate entity with shares traded on the NASDAQ stock exchange.

Does Movado Group own other watch brands besides Movado?
Yes, Movado Group owns multiple watch brands, including Ebel, Concord, and Coach watches, among others.

Where is Movado Group headquartered?
Movado Group is headquartered in Paramus, New Jersey, United States.

How does Movado Group influence the design and production of Movado watches?
Movado Group oversees the design, manufacturing, and marketing strategies to maintain the brand’s reputation for modern and artistic watch designs.
Movado watches are owned by Movado Group, Inc., a publicly traded company headquartered in Paramus, New Jersey. Founded in 1881 in Switzerland, Movado has evolved into a prominent luxury watch brand known for its minimalist design and iconic Museum Watch dial. The Movado Group oversees the brand’s operations, marketing, and global distribution, ensuring the continued prestige and innovation associated with Movado timepieces.

As the parent company, Movado Group, Inc. also manages other watch brands, leveraging its expertise in watchmaking and brand development to maintain Movado’s position in the competitive luxury watch market. Ownership by a publicly traded entity allows for strategic growth, investment in design and technology, and expansion into new markets, which benefits the Movado brand and its consumers.

In summary, the ownership of Movado watches by Movado Group, Inc. underlines the brand’s commitment to quality, heritage, and innovation. This corporate structure supports Movado’s ability to deliver distinctive, high-quality watches while adapting to evolving consumer preferences and industry trends. Understanding this ownership context provides valuable insight into the brand’s stability and ongoing success in the luxury watch sector.

Author Profile

Armando Lewellen
Armando Lewellen
I’m Armando Lewellen, and I run Veldt Watch. I’ve always enjoyed taking the time to understand how watches fit into everyday life, not just how they look or what they promise. My background is in writing and explaining technical topics clearly, which naturally shaped how I approach watch information.

Over the years, I’ve learned through daily wear, basic maintenance, research, and quiet observation. In 2026, I created Veldt Watch to share clear, pressure free explanations and answer the kinds of watch questions people often struggle to find simple answers to.