By and  on September 5, 2008

Shares of Movado Group Inc. fell 4.6 percent in trading Thursday following a 33.7 percent drop in second-quarter earnings.

Meanwhile, Movado said chairman Gedalio “Gerry” Grinberg will retire. His son, Efraim Grinberg, will succeed the elder Grinberg as chairman and continue as president and chief executive officer.

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