XML 12 R1.htm IDEA: XBRL DOCUMENT v3.25.1
Document and Entity Information - USD ($)
$ in Millions
 12 Months Ended
Jan. 31, 2025
Apr. 11, 2025
Jul. 31, 2024
Document Type 10-K    
Amendment Flag false    
Entity Filer Category Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
Document Period End Date Jan. 31, 2025    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Entity Registrant Name MOVADO GROUP, INC.    
Entity Central Index Key 0000072573    
Current Fiscal Year End Date --01-31    
Entity Well-known Seasoned Issuer No    
Entity Current Reporting Status Yes    
Entity Shell Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] true    
Document Financial Statement Restatement Recovery Analysis [Flag] true    
Entity File Number 1-16497    
Entity Tax Identification Number 13-2595932    
Entity Address, Address Line One 650 From Road    
Entity Address, Address Line Two Ste. 375    
Entity Address, City or Town Paramus    
Entity Address, State or Province NJ    
Entity Address, Postal Zip Code 07652-3556    
City Area Code 201    
Local Phone Number 267-8000    
Document Annual Report true    
Document Transition Report false    
Entity Incorporation, State or Country Code NY    
Entity Interactive Data Current Yes    
Entity Voluntary Filers No    
Entity Public Float     $ 402
Title of 12(b) Security Common stock, par value $0.01 per share    
Trading Symbol MOV    
Security Exchange Name NYSE    
Documents Incorporated by Reference

Portions of the definitive proxy statement relating to registrant’s 2025 annual meeting of shareholders (the “Proxy Statement”) are incorporated by reference in Part III hereof.

   
Auditor Name PricewaterhouseCoopers LLP    
Auditor Location New York, New York    
Auditor Firm ID 238    
Auditor Opinion

Opinions on the Financial Statements and Internal Control over Financial Reporting

We have audited the accompanying consolidated balance sheets of Movado Group, Inc. and its subsidiaries (the “Company”) as of January 31, 2025 and 2024, and the related consolidated statements of operations, of comprehensive income (loss), of changes in equity and of cash flows for each of the three years in the period ended January 31, 2025, including the related notes and schedule of valuation and qualifying accounts for each of the three years in the period ended January 31, 2025 appearing on page S-1 (collectively referred to as the “consolidated financial statements”). We also have audited the Company’s internal control over financial reporting as of January 31, 2025, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of January 31, 2025 and 2024, and the results of its operations and its cash flows for each of the three years in the period ended January 31, 2025 in conformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company did not maintain, in all material respects, effective internal control over financial reporting as of January 31, 2025, based on criteria established in Internal Control - Integrated Framework (2013) issued by the COSO because a material weakness in internal control over financial reporting existed as of that date as the Company’s risk assessment process did not properly assess the risks associated with the lack of functional segregation of duties in the Company’s Dubai branch.

    
Common Stock Class Undefined      
Entity Common Stock, Shares Outstanding   15,778,552  
Class A Common Stock      
Entity Common Stock, Shares Outstanding   6,458,376