movado group inc. type public traded as nyse mov founded la chaux de fonds switzerland 1881 founder achille ditesheim gedalio grinberg 1983 headquarters paramus new jersey united states key people efraim grinberg chairman and ceo ; ricardo quintero president . products watches revenue us 460 857 000 2009 operating income us 3 288 000 2009 net income us 2 552 000 2009 total assets us 440 000 000 2009 website movado.com movado is an american watchmaker best known for its museum watch . designed in 1947 by bauhaus influenced artist nathan george horwitt the watch dial has a very simple design dial defined by a solitary dot at 12 symbolizing the sun at high noon . it was originally made by vacheron & constantin le coultre watches inc. and later produced by movado . citation needed horwitt s dial was selected for the permanent design collection of the museum of modern art new york in 1960 the first watch dial ever awarded this distinction . 1 the single dot dial now appears in many of movado s timepieces . contents 1 history 2 watches 3 sculpture 4 references 5 external links history edit movado was originally founded in 1881 in la chaux de fonds switzerland by achilles ditesheim . in 1983 the company was purchased by gedalio grinberg a cuban born jew who fled fidel castro s marxist revolution in 1960 with his family . his son efraim grinberg is the current chairman and chief executive officer of movado group inc. the north american president of movado is alan chinich . in 2006 movado celebrated its 125th year of watchmaking . on february 23 1999 movado group inc. completed the sale of piaget business to vlg north america inc. for approximately 30 million . 2 watches edit movado delphino series two tone black dial face original museum watch designed by nathan george horwitt ca. 1955 . brooklyn museum the company markets the museum watch designed by the american designer nathan george horwitt in 1947 . it was originally manufactured by vacheron & constantin le coultre watches inc. switzerland . movado started producing an unauthorized version starting in 1948 copying horwitt s design . it was added to the permanent collection of the museum of modern art in 1960 . movado finally settled with horwitt in 1975 with a payment of 29 000 128 000 in 2015 dollars . following horwitt s death movado started heavy promotion of horwitt and the design of the museum watch . 3 4 5 photographer edward steichen called horwitt s design the only truly original and beautiful one for such an object . some movado watch models have esperanto names such as bela beautiful belamodo beautiful fashion fiero pride brila brilliant linio line and verto . 6 the company s name means movement in that language . in november 2015 movado announced the release of the movado motion collection of fine swiss made watches powered by the manufacture modules technologies mmt motionx technology platform . the collection includes the women s bellina and the men s museum sport models . 7 movado museum sport motion smartwatch powered by motionx sculpture edit movado commissioned time sculpture by architect philip johnson . the bronze sculpture with granite base located outside lincoln center in new york city was dedicated may 19 1999 . 8 references edit movado . movado heritage . retrieved 10 october 2015 . movado group inc. completes sale of movado s piaget business to vlg north america inc. . the museum watch 1958 industrial designers society of america . accessed january 8 2009 . cook joan . nathan horwitt 92 ; his designs included the movado watch the new york times june 20 1990 . accessed january 8 2009 . wristwatch face nathan george horwitt american 1898 1990 museum of modern art . accessed january 8 2009 . http www.movado.com kristina rodulfo november 16 2015 . movado debuts a smartwatch that actually looks like a watch . elle . dante park time sculpture at lincoln center . nycgovparks.org . retrieved august 10 2016 . external links edit official site g grinberg s obituary in the new york times retrieved from https en.wikipedia.org w index.php title movado & oldid 734934237 categories companies listed on the new york stock exchangecompanies established in 1881watch brandswatch manufacturing companies of the united states1881 establishments in switzerlandhidden categories all articles with unsourced statementsarticles with unsourced statements from october 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages esperantofran aisbahasa indonesiaitaliano edit links this page was last modified on 17 august 2016 at 16 38 . text is available under the creative commons attribution sharealike license ; 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