---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-21-003227"
form_type: "8-K"
ticker: "MOV"
cik: "0000072573"
company_name: "MOVADO GROUP INC"
filed_at: "2021-10-19T23:59:59+00:00"
generated_at: "2026-06-28T20:07:53.398847+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Movado Group amends Ferrari license; term ends June 30, 2022, renewal eliminated

## Summary
- License term shortened to end June 30, 2022 (was Dec 31, 2022); renewal provisions removed.
- Royalty and minimum advertising expenditure revised for 2021 through sell-off period ending Dec 31, 2022.
- Ferrari retains right to license watches above EUR 2,500; Hublot already licensed for high-end segment.
- Sell-off period for existing inventory set at six months after termination.

## SEC filing metadata
- accession: 0000950142-21-003227
- form_type: 8-K
- ticker: MOV
- cik: 0000072573
- company_name: MOVADO GROUP INC
- filed_at: 2021-10-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72573/000095014221003227/0000950142-21-003227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014221003227/eh210193618_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-21-003227
- JSON: https://secwatch.observer/filing/0000950142-21-003227.json
- Plain text: https://secwatch.observer/filing/0000950142-21-003227.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.