Movado extends Coach watch license with Tapestry through June 2028

MOVADO GROUP INC

Fifth Amendment to Amended License Agreement extends term from June 30, 2025 to June 30, 2028.
Revised sales minima, royalty rates, minimum royalties, and minimum advertising for contract years ending June 30, 2024-2028.
Other material provisions of the existing license agreement remain substantially unchanged.
Amendment to be filed as exhibit to Q3 FY2025 10-Q; confidential treatment of certain terms sought.

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