{
  "id": 12849402,
  "title": "Movado Group, Inc. Enters Into Agreement to Sell Majority Interest in EBEL",
  "url": "https://urgent.news/2026/10/08/movado-group-inc-enters-into-agreement-to-sell-majority-interest-in",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T10:46:22.000Z",
  "source": {
    "name": "Financial Post",
    "slug": "financial-post",
    "url": "https://financialpost.com/pmn/business-wire-news-releases-pmn/movado-group-inc-enters-into-agreement-to-sell-majority-interest-in-ebel"
  },
  "original_language": "en",
  "account": null,
  "summary": "PARAMUS, N.J. — Movado Group, Inc. (NYSE: MOV) today announced that it has entered into a binding agreement to sell a 95% interest in its EBEL brand for $66.5 million to a strategic buyer group led by Montres Journe SA (“Montres Journe”), a Geneva-based luxury watch manufacturer, with the participation of Chanel (“Chanel”), the luxury […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}