Movado Group Inc. on Thursday posted substantial gains in first-quarter net income, as well as a 15.4 percent rise in net sales.

For the three months ended April 30, net income attributable to Movado was $6.6 million, or 26 cents a diluted share, from $491,000, or 2 cents, last year. Net sales rose to $103.7 million from $89.9 million.

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