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.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styled by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)