UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

                             SCHEDULE 13G

               Under the Securities Exchange Act of 1934

                           (Amendment No. 1)


                          Movado Group, Inc.
                          ------------------
                           (Name of Issuer)

                             Common Stock
                             ------------
                    (Title of Class of Securities)

                               624580106
                               ---------
                            (CUSIP Number)

                           December 31, 2001
                           -----------------
        (Date of Event Which Requires Filing of This Statement)

          Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:

               [x]  Rule 13d-1(b)

               [ ]  Rule 13d-1(c)

               [ ]  Rule 13d-1(d)


          *The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided in a
prior cover page.

          The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).









CUSIP 624580106             SCHEDULE 13G                   Page 2 of 5



 1    Name of Reporting Person           BRICOLEUR CAPITAL MANAGEMENT LLC

      IRS Identification No. of Above Person                     13-40036

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
                                                                  (b) [ ]
 3    SEC USE ONLY

 4    Citizenship or Place of Organization        Delaware, United States

   NUMBER OF        5    Sole Voting Power                        114,900
     SHARES
  BENEFICIALLY      6    Shared Voting Power                      262,100
 OWNED BY EACH
   REPORTING        7    Sole Dispositive Power                   114,900
  PERSON WITH
                    8    Shared Dispositive Power                 262,100

 9    Aggregate Amount Beneficially Owned by Each Reporting
      Person                                                      377,000

 10   Check Box if the Aggregate Amount in Row (9) Excludes
      Certain Shares                                                  [ ]

 11   Percent of Class Represented by Amount in Row 9                3.9%

 12   Type of Reporting Person                                         IA







CUSIP 624580106             SCHEDULE 13G                   Page 3 of 5


Item 1(a).  Name of Issuer.

          Movado Group, Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices.

          650 From Road
          Paramus, NJ  07652

Item 2(a).  Names of Persons Filing.

          Bricoleur Capital Management LLC ("Bricoleur")

Item 2(b).  Address of Principal Business Office or, if none,
            Residence.

          12230 El Camino Real, Suite 100
          San Diego, CA  92130

Item 2(c).  Citizenship.

          United States.

Item 2(d).  Title of Class of Securities.

          Common Stock

Item 2(e).  CUSIP Number.

          624580106

Item 3.   Type of Reporting Person.

          If this statement is filed pursuant to Rule 13d-1(b) or
          Rule 13d-2(b) or (c), check whether the person filing
          is a:

          (a) [ ] Broker or dealer registered under section 15 of
              the Exchange Act.

          (b) [ ] Bank as defined in section 3(a)(6) of the
              Exchange Act.

          (c) [ ] Insurance company as defined in section 3(a)(19)
              of the Exchange Act.

          (d) [ ] Investment company registered under section 8 of
              the Investment Company Act of 1940.

          (e) [x] An investment adviser in accordance with Rule
              13d-1(b)(1)(ii)(E);

          (f) [ ] An employee benefit plan or endowment fund in
              accordance with Rule 13d-1(b)(1)(ii)(F);



CUSIP 624580106             SCHEDULE 13G                   Page 4 of 5


          (g) [ ] A parent holding company or control person in
              accordance with Rule 13d-1(b)(1)(ii)(G);

          (h) [ ] A savings association as defined in Section 3(b)
              of the Federal Deposit Insurance Act;

          (i) [ ] A church plan that is excluded from the
              definition of an investment company under section
              3(c)(14) of the Investment Company Act of 1940;

          (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.   Ownership.

          Reference is hereby made to Items 5-9 and 11 of page two (2)
of this Schedule 13G, which Items are incorporated by reference herein.

Item 5.   Ownership of Five Percent or Less of a Class.

          If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following [X].

Item 6.   Ownership of More Than Five Percent on Behalf of Another
          Person.

          Not Applicable.

Item 7.   Identification and Classification of the Subsidiary Which
          Acquired the Security Being Reported on by the Parent Holding
          Company.

          Not Applicable.

Item 8.   Identification and Classification of Members of the Group.

          Not Applicable.

Item 9.   Notice of Dissolution of Group.

          Not Applicable.

Item 10.  Certification.

          By signing below, the undersigned certifies that, to the
best of his knowledge and belief, the securities referred to above were
acquired and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.



CUSIP 624580106             SCHEDULE 13G                   Page 5 of 5



                               Signature

          After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.


                           BRICOLEUR CAPITAL MANAGEMENT LLC



                           By:/s/ Robert M. Poole
                              ______________________________
                              Robert Poole, Management Committee Member


DATED: February 13, 2002