Movado Group Announces Results and Retail Boutique Closings
Movado Group, Inc. has announced its first quarter results. The company enjoyed top-line growth of 25%, though the bottom line did not fair as well, with an adjusted net loss of $4.8 million. The company also announced that it will close its retail boutique division effective June 30, 2010 in an effort to redirect investment toward higher return businesses. The move does not affect the company’s 31 outlet stores, nor will it affect the company’s flagship Movado Boutique in New York’s Rockefeller Center. Regarding the boutique closings, Rick Cote, President and Chief Operating Officer of Movado Group, Inc., said, “Following several years of unprofitability and a strategic review of the business, we have decided to close our retail boutique division. We believe that this action will assist Movado Group to return U.S. operations to profitability. We will continue to make strategic investments in our brands to capitalize on growth prospects, build market share and e

This is for all the guys with bony a$$ wrists who are....
intimidated by the 44mm ROC....(Image subject to copyright)

Millenary 4101
Had the chance to try on the RG today and WOW what a beautiful piece

I'm one of you now, my new PO :)
Well I finally did it, bought my first Omega! I've really liked the orange bezel 42 PO since it came out a few years back, I had shopped them a few times but never actually pulled the trigger.Found this one locally, original owner, immaculate, worn once or twice, full set with box and papers at a great price.The only negative for me is that it's on a black rubber band rather than steel...I'm going to post a Want to trade bracelets in the For Sale section, hopefully someone will be interested.Also interested in other bracelet options, what do you wear yours on?Paul

If only Rolex could make a watch to wear everyday.....
Just read this in a Time and Tide article - EVENT: 7 watches spotted at the launch of the Ferrari Portofino in Byron Bay, inc. IWC, Creux Automatiq and Rolex You could get a Rolex or an IWC and spend a lot of money, but I just wanted a watch I could wear every day. - Glenn Butler (big wig entrepreneur in Australia) on why he chose a Shinola. Note: this is not to demean Shinola. They have there place in the watch world. Actually, I like many of the face designs, just too big of a watch for my liking. Opinions are like wrist watches...everyone's watch shows a different time from others, but everyone believes that their time is correct.