Movado Group pays $100 million to buy millennial favorite MVMT Watches

Movado Group has bought MVMT Watches Inc in a deal likely to be worth $100 million. Los Angeles-based MVMT was founded by Jacob Kassan and Kramer LaPlante in 2013, initially selling watches and later adding sunglasses and accessories in 2017. It is celebrating its 5th anniversary this year and had sales of around $71 million … Continue reading Movado Group pays $100 million to buy millennial favorite MVMT Watches