secwatch.observer — SEC 8-K summary
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Issuer:     MOVADO GROUP INC (MOV)
CIK:        0000072573
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0000950142-24-002514
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Movado extends Coach watch license with Tapestry through June 2028
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72573/000095014224002514/0000950142-24-002514-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72573/000095014224002514/eh240539919_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-24-002514

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer