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

MOV's Supply Chain

 
MOV Costs vs Sales of Suppliers Growth Movado Group Inc 's Suppliers realized sales deteriorated by -8.47 % compare to the same quarter a year ago, from the previous quarter, sales fell by -6.1 %, Movado Group Inc 's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 19.1 % in Q3.

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Movado Group Inc 's Suppliers realized sales deteriorated by -8.47 % compare to the same quarter a year ago, from the previous quarter, sales fell by -6.1 %, Movado Group Inc 's cost of sales deteriorated by -1.96 % year on year, sequentially cost of sales grew by 19.1 % in Q3.

More on MOV Suppliers




Movado Group Inc 's Comment on Supply Chain


The Company does not manufacture any of the products it sells. The Company employs a flexible manufacturing model that relies on independent manufacturers to meet shifts in marketplace demand and changes in consumer preferences. All product sources must achieve and maintain the Company’s high quality standards and specifications. With strong supply chain organizations in Switzerland, China and Hong Kong, the Company maintains control over the quality of its products, wherever they are manufactured. Compliance is monitored with strictly enforced quality control standards, including on-site quality inspections.


A majority of the Swiss watch movements used in the manufacture of Movado, Ebel and Concord watches are purchased from two suppliers. The Company obtains other watch components for all of its brands, including movements, cases, hands, dials, bracelets and straps from a number of other suppliers. The Company does not have long-term supply commitments with any of its component parts suppliers.


Movado (with the exception of Movado BOLD), Ebel and Concord watches are manufactured in Switzerland by independent third party assemblers. All Movado (with the exception of Movado BOLD), Ebel and Concord watches are manufactured using Swiss movements. Movado smart watches include connected technology developed by Fullpower Technologies, Inc. or HP Inc. All of the Company’s products are manufactured using components obtained from third party suppliers. A majority of Movado BOLD watches are manufactured by independent contractors in Asia using Swiss movements. Coach, Tommy Hilfiger, HUGO BOSS, Juicy Couture, Scuderia Ferrari and Lacoste watches are manufactured by independent contractors in Asia.


Movado Group Inc 's Comment on Supply Chain


The Company does not manufacture any of the products it sells. The Company employs a flexible manufacturing model that relies on independent manufacturers to meet shifts in marketplace demand and changes in consumer preferences. All product sources must achieve and maintain the Company’s high quality standards and specifications. With strong supply chain organizations in Switzerland, China and Hong Kong, the Company maintains control over the quality of its products, wherever they are manufactured. Compliance is monitored with strictly enforced quality control standards, including on-site quality inspections.


A majority of the Swiss watch movements used in the manufacture of Movado, Ebel and Concord watches are purchased from two suppliers. The Company obtains other watch components for all of its brands, including movements, cases, hands, dials, bracelets and straps from a number of other suppliers. The Company does not have long-term supply commitments with any of its component parts suppliers.


Movado (with the exception of Movado BOLD), Ebel and Concord watches are manufactured in Switzerland by independent third party assemblers. All Movado (with the exception of Movado BOLD), Ebel and Concord watches are manufactured using Swiss movements. Movado smart watches include connected technology developed by Fullpower Technologies, Inc. or HP Inc. All of the Company’s products are manufactured using components obtained from third party suppliers. A majority of Movado BOLD watches are manufactured by independent contractors in Asia using Swiss movements. Coach, Tommy Hilfiger, HUGO BOSS, Juicy Couture, Scuderia Ferrari and Lacoste watches are manufactured by independent contractors in Asia.



MOV's Suppliers Net profit fell by MOV's Suppliers Net margin fell in Q3 to
-38.44 % 10.56 %


Movado Group Inc 's Suppliers Sales Growth in Q3 2022 by Industry

Suppliers in Chemical Manufacturing Industry      8.57 %
Suppliers in Metal Mining Industry -16.12 %   
Suppliers in Miscellaneous Fabricated Products Industry      14.21 %
Suppliers in Construction Raw Materials Industry      7.45 %
Suppliers in Apparel, Footwear & Accessories Industry -1.16 %   
     
• MOV Suppliers Valuation • MOV Segment Rev. Growth • MOV Segment Inc. Growth • MOV Suppliers Mgmt. Effect.





MOV's vs. Suppliers, Data

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



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Movado Group Inc 719.15 537.60 -98.44 1,100
American International Ventures Inc 0.00 0.00 0.00 4
Banny Cosmic International Holdings, Inc. 3.54 0.00 0.00 2
Apogee Enterprises Inc. 1,064.31 1,403.13 15.52 4,614
Ashland Inc 5,414.32 2,391.00 927.00 11,000
Atlas Lithium Corporation 55.30 0.01 -3.94 0
Golden Minerals Co 39.95 28.18 -4.34 160
Augusta Gold Corp 26.92 0.00 -7.60 1
Coeur Mining Inc 869.87 783.40 -137.96 2,087
China Shouguan Investment Holding Group Corp 13.32 0.00 -4.30 3
Contango Ore Inc 159.80 0.00 -26.09 3
Kibush Capital Corp 0.07 0.14 -0.69 49
Hqda Elderly Life Network Corp. 0.00 0.00 -1.82 0
Dynaresource Inc 50.62 38.60 7.56 99
El Capitan Precious Metals Inc 0.16 0.00 -5.22 2
Yinfu Gold Corporation 0.00 0.00 -0.47 4
Entree Resources Ltd 146.46 0.00 5.52 0
Freeport mcmoran Inc 53,912.14 23,186.00 4,860.00 27,500
Global Gold Corp 55.55 0.00 -2.55 25
Gold Dynamics Corp. 0.00 0.00 0.00 1
Golden Star Resource Corp 7.07 0.00 -0.06 0
Gold Resource Corporation 140.54 135.38 -1.51 13
Golden Queen Mining Co Ltd 0.00 57.90 -14.07 194
Hecla Mining Co 2,689.48 709.16 -16.58 0
Handeni Gold Inc. 0.00 0.00 0.00 10
Inception Mining Inc. 0.20 3.55 -3.43 95
I-wellness Marketing Group Inc. 0.24 0.12 0.00 10
Corvus Gold Inc 407.68 0.00 -18.95 0
Lka Gold Inc 0.04 0.00 -0.99 1
Comstock Inc 25.84 0.54 -42.91 10
Lode star Mining Inc 4.47 0.00 -0.19 2
Magellan Gold Corporation 1,633.76 0.16 -0.80 1
Mitu Resources Inc. 0.00 0.00 -0.03 2
Mcewen Mining Inc 265.82 117.14 -65.04 293
Newmont Corp 36,325.86 12,105.00 325.00 16,600
Novagold Resources Inc 1,816.69 0.00 2,312.91 13
Oro East Mining, Inc. 0.00 0.00 0.00 1
Pershing Gold Corp. 37.72 0.03 -14.20 21
Pgt Innovations Inc 1,191.73 1,276.21 52.82 2,600
Palayan Resources Inc 0.00 0.00 -0.32 0
Cannagistics Inc 59.82 1.93 -17.26 1
Ppg Industries Inc 31,195.83 18,523.00 1,390.00 43,000
Paramount Gold Nevada Corp 15.96 0.65 7.76 6
Zhen Ding Resources Inc 0.00 0.00 -0.58 2
Royal Gold inc 6,908.10 614.66 253.71 21
Rise Gold Corp 9.05 2.21 -3.64 1
Royal Mines & Minerals Corp 0.02 0.00 -0.99 1
You Han Data Tech Co Ltd. 0.00 0.00 0.00 1
Southern Copper Corp 45,821.64 10,051.30 2,579.40 13,414
Gold Lakes Corp. 0.00 0.00 -20.50 1
Star Gold Corp. 1.17 0.00 -0.37 1
Stillwater Mining Co 0.00 0.00 0.00 1,432
Tuanche Ltd 319.06 56.11 -16.00 700
Tecnoglass Inc 1,347.29 639.23 121.25 5,853
International Tower Hill Mines Ltd 87.89 0.00 -3.86 10
Thunder Mountain Gold Inc. 3.04 1.28 3.38 0
Theron Resource Group 0.00 0.00 -0.06 1
Tandy Leather Factory Inc 37.19 81.39 0.86 0
Timberline Resources Corporation 21.32 0.00 -5.15 0
Tribune Media Company 4,183.43 2,015.77 363.76 0
Vista Gold Corp 66.15 0.00 -5.64 13
Valmie Resources, Inc. 0.00 0.00 0.00 1
Verde Resources Inc 91.91 0.18 -4.49 3
SUBTOTAL 196,528.34 74,223.35 12,773.86 129,882
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