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August 17, 2018 08:25 pm GMT

Movado Group acquires watch startup MVMT

The Movado Group, which sells multiple brands, including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the company for $100 million. “The acquisition of MVMT […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/E0hyZZPetWg/

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