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Movado Group Inc  (MOV)
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Movado Group Inc's Customers Performance

MOV

 
MOV's Source of Revenues Movado Group Inc's Customers have recorded an advance in their cost of revenue by 4.51 % in the 2 quarter 2019 year on year, sequentially costs of revenue were trimmed by -0.63 %, for the same period Movado Group Inc recorded revenue increase by 9.52 % year on year,

List of MOV Customers




Movado Group Inc's Customers have recorded an advance in their cost of revenue by 4.51 % in the 2 quarter 2019 year on year, sequentially costs of revenue were trimmed by -0.63 %, for the same period Movado Group Inc recorded revenue increase by 9.52 % year on year,

List of MOV Customers


   
Customers Net Income fell in Q2 by Customers Net margin fell to %
-5.13 % 3.67 %



Movado Group Inc's Customers, Q2 2019 Revenue Growth By Industry
Customers in Apparel, Footwear & Accessories Industry      7.07 %
Customers in Furniture & Fixtures Industry      7.93 %
Customers in Retail Apparel Industry      2.74 %
Customers in Department & Discount Retail Industry      0.64 %
Customers in Specialty Retail Industry -6.56 %   
Customers in Wholesale Industry      7.35 %
     
• Customers Valuation • Segment Rev. Growth • Segment Inc. Growth • Customers Mgmt. Effect.


Movado Group Inc's Comment on Sales, Marketing and Customers



The Company assists in the retail sales process of its wholesale customers by monitoring their sales and inventories by product category and style. The Company also assists in the conception, development and implementation of customers’ marketing vehicles. The Company places considerable emphasis on cooperative advertising programs with its wholesale customers. The Company’s assistance in the retail sales process has resulted in close relationships with its principal customers, often allowing for influence on the mix, quantity and timing of their purchasing decisions. The Company believes that customers’ familiarity with its sales approach has facilitated, and should continue to facilitate, the introduction of new products through its distribution network.


The Company permits the return of damaged or defective products. In addition, although the Company generally has no obligation to do so, it accepts other returns from customers in certain instances.

The Company has service facilities around the world including five Company-owned service facilities and multiple independent service centers which are authorized to perform warranty repairs. A list of authorized service centers can be accessed online at www.mgiservice.com. In order to maintain consistency and quality at its service facilities and authorized independent service centers, the Company conducts training sessions and distributes technical information and updates to repair personnel. All watches sold by the Company come with limited warranties covering the movement against defects in material and workmanship for periods ranging from two to three years from the date of purchase, with the exception of Tommy Hilfiger watches, for which the warranty period is ten years. In addition, the warranty period is five years for the gold plating on certain Movado watch cases and bracelets. Products that are returned under warranty to the Company are generally serviced by the Company’s employees at its service facilities.


The Company retains adequate levels of component parts to facilitate after-sales service of its watches for an extended period of time after the discontinuance of such watches.


The Company makes available a web-based system at www.mgiservice.com providing immediate access for the Company’s retail partners to information they may want or need about after sales service issues. The website allows the Company’s retailers to track their repair status online 24 hours a day. The system also permits customers to authorize repairs, track repair status through the entire repair life cycle, view repair information and obtain service order history.


Movado Group Inc's Comment on Sales, Marketing and Customers


The Company assists in the retail sales process of its wholesale customers by monitoring their sales and inventories by product category and style. The Company also assists in the conception, development and implementation of customers’ marketing vehicles. The Company places considerable emphasis on cooperative advertising programs with its wholesale customers. The Company’s assistance in the retail sales process has resulted in close relationships with its principal customers, often allowing for influence on the mix, quantity and timing of their purchasing decisions. The Company believes that customers’ familiarity with its sales approach has facilitated, and should continue to facilitate, the introduction of new products through its distribution network.


The Company permits the return of damaged or defective products. In addition, although the Company generally has no obligation to do so, it accepts other returns from customers in certain instances.

The Company has service facilities around the world including five Company-owned service facilities and multiple independent service centers which are authorized to perform warranty repairs. A list of authorized service centers can be accessed online at www.mgiservice.com. In order to maintain consistency and quality at its service facilities and authorized independent service centers, the Company conducts training sessions and distributes technical information and updates to repair personnel. All watches sold by the Company come with limited warranties covering the movement against defects in material and workmanship for periods ranging from two to three years from the date of purchase, with the exception of Tommy Hilfiger watches, for which the warranty period is ten years. In addition, the warranty period is five years for the gold plating on certain Movado watch cases and bracelets. Products that are returned under warranty to the Company are generally serviced by the Company’s employees at its service facilities.


The Company retains adequate levels of component parts to facilitate after-sales service of its watches for an extended period of time after the discontinuance of such watches.


The Company makes available a web-based system at www.mgiservice.com providing immediate access for the Company’s retail partners to information they may want or need about after sales service issues. The website allows the Company’s retailers to track their repair status online 24 hours a day. The system also permits customers to authorize repairs, track repair status through the entire repair life cycle, view repair information and obtain service order history.








MOV's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Movado Group Inc MOV 595 710 71 1,100
Abercrombie & Fitch Co. ANF 1,037 3,592 75 65,000
Bed Bath & Beyond Inc BBBY 1,546 11,633 -739 60,000
Costco Wholesale Corp COST 134,459 152,703 3,704 205,000
Dillardâ??s, Inc. DDS 1,688 6,422 131 40,000
Dollar General Corporation DG 42,599 26,492 1,651 0
Family Dollar Stores Inc FDO 0 0 0 55,000
J. C. Penney Company, Inc. JCP 319 11,266 -429 114,000
Kohls Corp KSS 8,076 19,968 737 137,000
Limited Brands Inc LTD 0 0 0 0
Nordstrom, Inc. JWN 5,381 15,547 493 67,000
Target Corp TGT 58,221 76,848 3,153 347,000
The Tjx Companies, Inc. TJX 74,182 40,012 3,063 198,000
Macys, Inc. M 4,644 24,908 1,025 166,900
Ross Stores, Inc. ROST 41,324 15,414 1,614 71,400
Sears Holdings Corp SHLD 40 15,292 -1,051 196,000
Coach Inc COH 11,233 4,981 976 15,800
Big Lots Inc BIG 801 5,296 123 36,100
Blackcraft Cult, Inc. BLCK 0 0 0 5
Bebe Stores, Inc. BEBE 475 498 -80 2,601
Caleres Inc CAL 893 2,926 -12 11,000
Ever-glory International Group, Inc. EVK 49 405 7 8,300
Steven Madden, Ltd. SHOO 3,039 1,725 140 3,578
Skechers Usa Inc SKX 5,724 4,793 396 9,200
Weyco Group Inc WEYS 248 303 21 662
Wolverine World Wide Inc WWW 2,555 2,230 379 6,550
Sleep Number Corp SCSS 1,279 1,439 61 3,484
Tempur Sealy International, Inc. TPX 4,631 2,799 124 7,200
SUBTOTAL 404,442 447,492 15,562 1,826,780


             
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