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Movado Group - An Opportunity To Acquire At Depressed Levels Thanks To Apple

2015-04-18 17:29:00| Jewelry - Topix.net

Movado Group designs, sources, markets and distributes fine watches and the company's stock price has seen a quite a selloff in the recent quarters, currently down roughly 35% from the previous highs- a move that can be contributed to the Apple Watch soon hitting the market. The company operates primarily in the mid to high price range markets and its portfolio of licensed brands include such names as Hugo Boss, Lacoste, Tommy Hilfiger, Juicy Couture, ESQ, Coach, Ebel and Concord.

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