Movado Group Inc. said Monday that it increased its ownership interest in its U.K. subsidiary MGS Distribution from Swico Ltd.
The Paramus, N.J.-based watchmaker grabbed a 90 percent stake in MGS, up from 51 percent. Since 2007, MGS has been operated as a joint venture between Movado and Swico, but the latest transaction terminated the venture between the two companies.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"