Movado Group Inc's Suppliers recorded an increase in sales by 13.6 % year on year in Q2 2026, from the previous quarter, sales fell by -0.91 %, Movado Group Inc's cost of sales deteriorated by -6.86 % year on year, sequentially cost of sales grew by 14.88 % in Q2.
Movado Group Inc's Suppliers recorded an increase in sales by 13.6 % year on year in Q2 2026, from the previous quarter, sales fell by -0.91 %, Movado Group Inc's cost of sales deteriorated by -6.86 % year on year, sequentially cost of sales grew by 14.88 % in Q2.
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 Income grew by
MOV's Suppliers Net margin grew in Q2 to
71.88 %
28.34 %
MOV's Suppliers Net Income grew by 71.88 %
MOV's Suppliers Net margin grew in Q2 to 28.34 %
Movado Group Inc's Suppliers Sales Growth
in Q2 2026 by Industry
Sources:
Movado Group Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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