Movado Group and Calvin Klein shake hands on another three years
The licence agreement between Movado Group and Calvin Klein has been extended for an additional three years.
The agreement governs Movado Group’s rights to design, manufacture, and distribute Calvin Klein-branded watches and related products.
The extension means that the agreement will run through to December 31 2029. The companies originally put pen to paper on their partnership back in 2020, albeit the first products under their new terms didn’t hit stores until 2022.
This replaced the previous licence agreement between Calvin Klein and Swatch Group, which had been going for 22 years.
It comes on the back of recent good news for Movado Group, which reported better-than-expected Q4 revenue of $191.6 million, and full 2026 fiscal year turnover of $671.3 million, which represented growth.
