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Stock impact report

Movado Group, Inc. Provides Update on Response To COVID-19

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Company Research Source: Business Wire
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced additional measures to ensure the health and safety of its employees and their families, its customers and the communities where it operates, as well as plans for dealing with business disruptions, including expense reductions in response to the impact of COVID-19.Efraim Grinberg, Chairman and Chief Executive Officer, stated, “The health and safety of our associates, customers and business partners remains our primary focus during these unprecedented times. With this in mind, we have already temporarily closed our company-owned stores and are operating our warehouses with minimal staffing, while continuing to serve our consumers through our e-commerce platforms. As we continue to tightly manage cash during this very challenging environment, we have now made the difficult decision to furlough team members. We are very appreciative to all of our employees for their dedication to the Company and its custom Show less Read more
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