Movado Group Inc - ESG Rating & Company Profile powered by AI
This Disclosure rating includes seventeen UN Sustainable Development Goals including: 'Gender Equality', 'Industry, Innovation & Infrastructure' and 'Life on Land'. Complete ESG assessment of Movado Group Inc can be accessed by logging in. Jump to the bottom of this page for potential risks for Movado Group Inc based on sector, geography and size.
Movado Group Inc in the Apparel & Accessories industry gained a UN SDG ESG Transparency Score of 5.9; made up of an environmental score of 6.9, social score of 5.7 and governance score of 5.0.
5.9
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Hermes International SCA | 8.4 | High |
| 2 | Compagnie Financiere Richemont SA | 8.2 | High |
| 139 | Wah Sun Handbags International Holdings Ltd | 6.0 | High |
| 139 | WeSC AB (publ) | 6.0 | High |
| 150 | Movado Group Inc | 5.9 | High |
| 150 | Magni-Tech Industries Bhd | 5.9 | High |
| 152 | PC Jeweller Ltd | 5.8 | High |
| ... | ... | ... | |
| 556 | Yumco ad Vranje | 0.0 | Low |
| 556 | Zuoan Fashion Ltd | 0.0 | Low |
| ... | ... | ... |
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Potential Risks for Movado Group Inc
These potential risks are based on the size, segment and geographies of the company.
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and Scuderia Ferrari. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. As of January 31, 2022, it operated 51 retail outlet locations. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.