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» Movado Group is mourning the passing of Gedalio Grinberg
Grinberg was founder and chairman of the Board of the Movado group[…] … He came to the United States in 1960 after Castro's takeover where he became the exclusive distributor for Piaget and Corum watches in America and founded the North American Watch Company, which today is known as Movado Group[…] … Gedalio Grinberg and his son Efraim acquired Movado in 1983 and transformed it from a small Swiss watchmaker into a world-recognized brand[…] … Within just three years of the takeover, Grinberg set about restructuring Movado, redefined the brand philosophy, expanded the product line and refurbished Movado’s respectable and independent image[…] … In 2004, Movado Group also entered the luxury segment by buying the luxury watch manufacturer Ebel from luxury company LVMH[…] … The five brands Movado, Concord, ESQ, Coach and Tommy Hilfiger represent about 80 percent of total sales of the Movado Group[…]