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Movado To Sell 95% Interest In EBEL Brand

RTTNews | Oct 8, 2026 7:15 AM EDT


(RTTNews) - Movado Group (MOV) has entered into a binding agreement to sell a 95% interest in its EBEL brand for $66.5 million to a strategic buyer group led by Montres Journe SA, a Geneva-based luxury watch manufacturer, with the participation of Chanel, the luxury house, and Pi

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