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Get filing alertsMovado extends Calvin Klein license through 2029, securing key brand partnership
Filed April 1, 2026 · Period ending March 30, 2026 · ~1 min read
Key Changes
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Movado extended its Calvin Klein watch and jewelry license agreement for three additional years, now running through December 31, 2029. The original agreement was signed in August 2020.
Item 1.01 verify on EDGAR → -
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All other material provisions of the existing Calvin Klein license remain substantially unchanged, providing continuity for this key brand partnership.
Item 1.01 verify on EDGAR → -
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Movado redacted certain commercially sensitive terms of the extension agreement under SEC rules, limiting investor visibility into specific financial or operational details.
Exhibit 10.1 verify on EDGAR →
Summary
Movado Group secured an important three-year extension of its Calvin Klein licensing agreement, pushing the expiration date to December 31, 2029. The Calvin Klein brand represents a significant part of Movado's licensed portfolio, and this extension provides revenue visibility and operational stability through the end of the decade.
The company entered into the extension letter on March 30, 2026, with Calvin Klein, Inc. and two Movado subsidiaries. For retail investors, this is positive news that removes near-term uncertainty about a key brand relationship. Licensed brands are critical to Movado's business model, generating royalty-based revenue with lower capital requirements than owned brands.
The extension suggests Calvin Klein is satisfied with Movado's performance as a licensee. Watch for Movado's next earnings report to see if management provides additional color on the financial terms or growth expectations for the Calvin Klein line through 2029. Also monitor whether other major license agreements (like Tommy Hilfiger or Coach) come up for renewal in the near term.
Section-by-Section Diff
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On March 30, 2026, Movado Group, Inc. and its wholly owned subsidiaries Swissam Products Limited and MGI Luxury Group Sárl (collectively, the “Company”) entered into a letter agreement (the “Extension Letter”) pursuant to which the License Agreement between the Company and Calvin Klein, Inc. (“CKI”) dated as of August 19, 2020 (the “Existing Agreement”) was extended for an additional three years ending December 31, 2029.
Movado Group extended its existing license agreement with Calvin Klein for three additional years, now expiring December 31, 2029. The original agreement was dated August 19, 2020. All other material provisions of the existing agreement remain substantially unchanged.
Event · Item 9.01 — Financial Statements and Exhibits
Movado Group entered into a letter agreement with Calvin Klein and related entities on March 30, 2026, with certain terms redacted.
Added in current filing · verify on EDGAR →
Letter agreement among Movado Group, Inc., Swissam Products Limited, MGI Luxury Group Sárl and Calvin Klein, Inc. dated March 30, 2026
Movado Group disclosed entering into a letter agreement with Calvin Klein, Inc. and two related Movado entities (Swissam Products Limited and MGI Luxury Group Sárl) dated March 30, 2026. The agreement's specific terms have been redacted under Regulation S-K, suggesting it contains commercially sensitive information. Given Movado's existing licensing relationship with Calvin Klein for watches and jewelry, this agreement likely relates to their ongoing business arrangement, potentially involving licensing terms, royalties, or operational matters.
Added in current filing · verify on EDGAR →
*Certain portions of this exhibit have been redacted pursuant to Item 601(b) (10) (iv) of Regulation S-K. The Company agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request.
The company has redacted portions of the Calvin Klein letter agreement under SEC rules that permit confidential treatment of competitively sensitive information. While the SEC can request the full unredacted version, investors cannot assess the specific financial or operational terms of this agreement. This limits transparency around what could be a material licensing or partnership arrangement with a key brand partner.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify