Movado (MOV) 10-Q24 Nov 202021 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Oct. 31, 2020	Nov. 19, 2020
Document Type	10-Q
Amendment Flag	false
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Period End Date	Oct. 31, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Trading Symbol	MOV
Entity Registrant Name	MOVADO GROUP, INC.
Entity Central Index Key	0000072573
Current Fiscal Year End Date	--01-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	1-16497
Entity Tax Identification Number	13-2595932
Entity Address, Address Line One	650 From Road
Entity Address, Address Line Two	Ste. 375
Entity Address, City or Town	Paramus
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07652-3556
City Area Code	201
Local Phone Number	267-8000
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	NY
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, par value $0.01 per share
Security Exchange Name	NYSE
Common Stock Class Undefined
Entity Common Stock, Shares Outstanding		16,585,236
Class A Common Stock
Entity Common Stock, Shares Outstanding		6,608,548

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands		Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019
Current assets:
Cash and cash equivalents		$ 163,218	$ 185,872	$ 116,025
Trade receivables, net		103,506	78,388	136,272
Inventories		176,841	171,406	201,164
Other current assets		28,028	28,888	30,737
Total current assets		471,593	464,554	484,198
Property, plant and equipment, net		24,002	29,238	29,275
Operating lease right-of-use assets		77,932	89,523	88,126
Deferred and non-current income taxes		54,748	25,403	28,191
Goodwill		0	136,366	135,280
Other intangibles, net		17,123	42,359	43,532
Other non-current assets		56,380	59,865	58,453
Total assets	[1],[2]	701,778	847,308	867,055
Current liabilities:
Accounts payable		35,562	35,488	33,757
Accrued liabilities		59,612	44,210	62,499
Accrued payroll and benefits		12,693	6,302	9,353
Current operating lease liabilities		14,210	15,083	14,579
Income taxes payable		11,275	8,217	17,243
Total current liabilities		133,352	109,300	137,431
Loans payable to bank		37,266	51,910	50,685
Deferred and non-current income taxes payable		20,893	25,419	26,370
Non-current operating lease liabilities		71,658	81,877	80,682
Other non-current liabilities		45,179	48,393	47,943
Total liabilities		308,348	316,899	343,111
Commitments and contingencies (Note 12)
Redeemable noncontrolling interest		2,772	3,165	3,263
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued		0	0	0
Capital in excess of par value		212,730	208,473	206,725
Retained earnings		313,696	455,479	456,579
Accumulated other comprehensive income		85,879	85,050	79,825
Treasury Stock, 11,492,591, 11,443,308 and 11,442,625 shares, respectively, at cost		(223,306)	(222,809)	(222,792)
Total Movado Group, Inc. shareholders' equity		389,345	526,537	520,681
Noncontrolling interest		1,313	707	0
Total equity		390,658	527,244	520,681
Total liabilities, redeemable noncontrolling interest and equity		701,778	847,308	867,055
Common Stock Class Undefined
Equity:
Common Stock		281	279	279
Total equity	[3]	281	279	279
Class A Common Stock
Equity:
Common Stock		65	65	65
Total equity	[4]	$ 65	$ 65	$ 65

[1]	The decrease in the United States total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million.
[2]	The decrease in total assets of the Watch and Accessory Brands segment at October 31, 2020 from January 31, 2020 is due primarily to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets.
[3]	Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
[4]	Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation, as amended. The class A common stock is not publicly traded, and consequently, there is currently no established public trading market for these shares.

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (PARENTHETICAL) - $ / shares	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019
Preferred Stock, par value	$ 0.01	$ 0.01	$ 0.01
Preferred Stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred Stock, shares issued	0	0	0
Treasury Stock, shares	11,492,591	11,443,308	11,442,625
Common Stock Class Undefined
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	100,000,000	100,000,000	100,000,000
Common Stock, shares issued	28,077,806	27,859,328	27,856,954
Common Stock, shares outstanding	28,077,806	27,859,328	27,856,954
Class A Common Stock
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	30,000,000	30,000,000	30,000,000
Common Stock, shares issued	6,608,548	6,603,645	6,603,645
Common Stock, shares outstanding	6,608,548	6,603,645	6,603,645

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020		Oct. 31, 2019
Income Statement [Abstract]
Net sales		$ 169,863	$ 205,618	$ 328,067		$ 509,983
Cost of sales		77,410	95,549	158,365		235,702
Gross profit		92,453	110,069	169,702		274,281
Selling, general and administrative		69,386	87,431	181,795		237,893
Impairment of goodwill and intangible assets (Note 7)		0	0	155,919		0
Total operating expenses		69,386	87,431	337,714		237,893
Operating income/(loss)	[1],[2]	23,067	22,638	(168,012)	[3]	36,388	[3]
Non-operating income/(expense):
Gain on sale of a non-operating asset		0	0	1,317		0
Change in contingent consideration (Note 11)		0	0	0		13,627
Interest expense		(608)	(240)	(1,469)		(689)
Interest income		8	18	31		63
Income/(loss) before income taxes		22,467	22,416	(168,133)		49,389
Provision/(benefit) for income taxes (Note 13)		7,524	4,955	(26,365)		10,543
Net income/(loss)		14,943	17,461	(141,768)		38,846
Less: Net income/(loss) attributable to noncontrolling interests		118	(304)	15		(349)
Net income/(loss) attributable to Movado Group, Inc.		$ 14,825	$ 17,765	$ (141,783)		$ 39,195
Basic income/(loss) per share:
Weighted basic average shares outstanding		23,285	23,117	23,223		23,124
Net income/(loss) per share attributable to Movado Group, Inc.		$ 0.64	$ 0.77	$ (6.11)		$ 1.69
Diluted income/(loss) per share:
Weighted diluted average shares outstanding		23,375	23,250	23,223		23,322
Net income/(loss) per share attributable to Movado Group, Inc.		$ 0.63	$ 0.76	$ (6.11)		$ 1.68

[1]	For the three months ended October 31, 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $0.6 million and $0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2]	For the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $0.5 million, $0.9 million, $1.5 million and $3.5 million, respectively, related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, operating income/(loss) included a charge of $0.6 million, $0.7 million, $2.0 million and $2.1 million, respectively, of expenses primarily related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. related to the impairment of goodwill associated with the

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net income/(loss)	$ 14,943	$ 17,461	$ (141,768)	$ 38,846
Other comprehensive income/(loss):
Net unrealized gain/(loss) on investments, net of tax provision/(benefit) of $1, $(3), $(10) and $0, respectively	1	(8)	(31)	0
Amortization of prior service cost, net of tax provision of $4, $4, $12 and $11, respectively	14	13	42	39
Foreign currency translation adjustments	(245)	5,614	818	(721)
Total other comprehensive (loss)/income, net of taxes	(230)	5,619	829	(682)
Comprehensive income/(loss) attributable to noncontrolling interests:
Net income/(loss)	118	(304)	15	(349)
Foreign currency translation adjustments	(58)	27	198	(109)
Total comprehensive income/(loss) attributable to noncontrolling interests	60	(277)	213	(458)
Total comprehensive income/(loss) attributable to Movado Group, Inc.	$ 14,653	$ 23,357	$ (141,152)	$ 38,622

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (PARENTHETICAL) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net unrealized gain (loss) on investments, tax provision/(benefit)	$ 1	$ (3)	$ (10)	$ 0
Amortization of prior service cost, tax provision	$ 4	$ 4	$ 12	$ 11

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended		12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Apr. 30, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Cash flows from operating activities:
Net (loss)/income attributable to Movado Group, Inc.	$ 14,825	$ 17,765		$ (141,783)	$ 39,195
Adjustments to reconcile net (loss)/income to net cash used in operating activities:
Impairment of goodwill and intangible assets	0	0		155,919	0
Non-cash corporate initiatives				6,685	0
Change in contingent consideration	0	0		0	(13,627)
Gain on sale of a non-operating asset	0	0		(1,317)	0
Depreciation and amortization				10,546	11,888
Transactional losses/(gains)				231	309
Provision for inventories and accounts receivable				2,066	2,626
Deferred income taxes				(31,536)	(6,462)
Stock-based compensation				3,848	4,658
Other				306	(435)
Changes in assets and liabilities:
Trade receivables				(26,835)	(52,659)
Inventories				(7,073)	(38,064)
Other current assets				(821)	(2,407)
Accounts payable				40	(4,184)
Accrued liabilities				15,929	19,271
Accrued payroll and benefits				6,124	(9,379)
Income taxes payable				516	6,407
Other non-current assets				(347)	640
Other non-current liabilities				796	(2,347)
Net cash used in operating activities				(6,706)	(44,570)
Cash flows from investing activities:
Capital expenditures				(2,428)	(10,023)
Proceeds from sale of a non-operating asset				1,317	0
Proceeds from sale of an asset held for sale				0	242
Trademarks and other intangibles				(118)	(194)
Net cash used in investing activities				(1,229)	(9,975)
Cash flows from financing activities:
Repayment of bank borrowings				(47,699)	0
Proceeds from bank borrowings				30,879	0
Stock awards and options exercised and other changes				(497)	(1,249)
Stock repurchase				0	(4,199)
Dividends paid		(4,600)	$ (4,600)	0	(13,796)
Debt issuance cost				(300)	0
Net cash used in financing activities				(17,617)	(19,244)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash				2,926	(93)
Net decrease in cash, cash equivalents and restricted cash				(22,626)	(73,882)
Cash, cash equivalents and restricted cash at beginning of year			$ 190,459	186,438	190,459	$ 190,459
Cash, cash equivalents and restricted cash at end of period	163,812	116,577		163,812	116,577	186,438
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	163,218	116,025		163,218	116,025	185,872
Restricted cash included in other non-current assets	594	552		594	552
Cash, cash equivalents and restricted cash at end of period	$ 163,812	$ 116,577		$ 163,812	$ 116,577	$ 186,438

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Oct. 31, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	NOTE 1 – The accompanying interim unaudited Consolidated Financial Statements have been prepared by Movado Group, Inc. (the “Company”), in a manner consistent with that used in the preparation of the annual audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2020 (the “2020 Annual Report on Form 10-K”). The unaudited Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which require the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the unaudited Consolidated Financial Statements and the reported amounts of revenues and expenses during the periods reported. Actual results could differ from those estimates. In the opinion of management, the accompanying unaudited Consolidated Financial Statements reflect all adjustments, consisting of only normal and recurring adjustments, necessary for a fair statement of the financial position and results of operations for the periods presented. The consolidated balance sheet data at January 31, 2020 is derived from the audited annual financial statements, which are included in the Company’s 2020 Annual Report on Form 10-K and should be read in connection with these interim unaudited financial statements. Operating results for the interim periods presented are not necessarily indicative of the results that may be expected for the full year.

Impact of the COVID-19 Pandemic

Impact of the COVID-19 Pandemic	9 Months Ended
Impact of the COVID-19 Pandemic	Oct. 31, 2020
Extraordinary And Unusual Items [Abstract]
Impact of the COVID-19 Pandemic	NOTE 2 – IMPACT OF THE COVID-19 PANDEMIC In December 2019, COVID-19 emerged and subsequently spread worldwide. The World Health Organization declared COVID-19 a pandemic in March 2020, resulting in federal, state and local governments and other authorities mandating various restrictions, including travel restrictions, quarantines and other social distancing requirements. As a result of the outbreak, in mid-March 2020, the Company and the majority of the Company’s wholesale customers temporarily closed all of their retail stores due to health concerns associated with COVID-19. Although the Company reopened all of its retail stores during the second quarter and most of the Company’s brick and mortar wholesale customers have reopened the majority of their retail locations as well, the discretionary consumer goods segment remains highly challenged at brick and mortar retail locations worldwide. The Company entered this period of uncertainty with a healthy liquidity position, and it took actions to enhance its financial liquidity and flexibility, including minimizing all non-essential operating expenses (including marketing, travel and consulting services), reevaluating all capital expenditures, furloughing approximately 80% of the Company’s North American workforce during March through June and temporarily reducing the work-rate of international employees while applying for available government payroll subsidies in accordance with local government guidelines and programs, suspending the Company’s share repurchase program and regular quarterly dividends, reducing salaries and suspending Board of Director fees from April through June 2020, amending license agreements to reduce its royalty obligations in fiscal 2021 and negotiating rent abatements in respect of its rent obligations for its Company Stores and certain other leases. As a precautionary measure, the Company borrowed an additional $30.9 million under its revolving credit facility in March 2020 and amended its revolving credit facility to modify some of its financial covenants (see Note 9 – Debt and Lines of Credit). During the second and third quarter of fiscal 2021, the Company repaid $36.8 million and $10.9 million, respectively, under its revolving credit facility. As part of the Company’s efforts to continue to reduce operating expenses and adjust cash flows in light of the ongoing economic challenges resulting from the COVID-19 pandemic, the Company committed to a restructuring plan (the “Restructuring Plan”) on June 29, 2020 (see Note 6 – Restructuring Provision for further discussion). The Company evaluates its long-lived assets, operating lease right of use assets, goodwill and intangible assets for indicators of impairment at least annually in the fourth quarter of each fiscal year or whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Given the substantial reduction in the Company’s sales and the reduced cash flow projections as a result of closures of the Company’s retail stores and its wholesale customers due to the COVID-19 pandemic, as well as the significant decline in the Company’s market capitalization, the Company determined that a triggering event occurred during the first quarter of fiscal 2021 and that an impairment assessment was warranted for goodwill and intangible assets. This analysis resulted in impairment charges related to goodwill of $133.7 million and intangible assets of $22.2 million in the first quarter of fiscal 2021. See Note 7 – Goodwill and Intangible Assets – for a further discussion of these impairments. Although the full magnitude of the effects on the Company’s business is difficult to predict at this time, the COVID-19 pandemic has had, and for the foreseeable future is expected to continue to have, a material impact on the Company’s business, financial condition, results of operations and cash flows. In addition to the resurgence of COVID-19 cases in many regions in the fall which has resulted in the tightening of containment and mitigation measures in many countries, the ongoing economic impacts and health concerns associated with the pandemic will likely continue to affect consumer behavior, spending levels, shopping preferences and tourism. Nevertheless, the Company believes that based on the Company’s current expectations, cash flows from operations and its credit lines and cash on-hand, the Company has adequate funds to support its operating, capital and debt service requirements and expects to maintain compliance with its debt covenants for the next twelve months subsequent to the issuance of these financial statements.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
Recent Accounting Pronouncements	Oct. 31, 2020
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS In March 2020, the FASB issued ASU 2020-03, “Codification Improvements to Financial Instruments”, which makes improvements to financial instruments guidance, including the current expected credit losses guidance. The adoption of the new guidance was not material to the Consolidated Financial Statements. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. This guidance provides practical expedients for contract modifications and certain hedging relationships associated with the transition from reference rates that are expected to be discontinued. This guidance is applicable for the Company’s borrowing instruments, which use LIBOR as a reference rate, and is effective immediately, but is only available through December 31, 2022. The Company is evaluating the optional expedients and exceptions in the guidance but does not except the adoption of this standard to have a material impact on its Consolidated Financial Statements. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes”. ASU 2019-12 simplifies the accounting for income taxes by removing certain exceptions to general principles in “Income Taxes (Topic 740)”. It also clarifies and amends existing guidance to improve consistent application. The guidance is effective for fiscal years beginning after December 15, 2020. The Company early adopted this standard effective February 1, 2020. The provision of ASU 2019-12 which has the most significant impact on the Company is the removal of a limitation on the tax benefit recognized on pre-tax losses during interim periods which exceed the expected loss for the fiscal year. The Company’s income tax benefit for the nine months ended October 31, 2020 includes an income tax benefit of In August 2018, the FASB issued ASU 2018-13, “Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement”, which modifies the disclosure requirements in ASC 820, Fair Value Measurement. The Company adopted ASU 2018-13 during the first quarter of fiscal 2021. The adoption of this guidance did not have an impact on the Company’s Consolidated Financial Statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” and subsequently issued additional guidance that modified ASU 2016-13. This standard introduces a forward-looking approach, based on expected losses, to estimate credit losses on certain types of financial instruments, including trade receivables. The estimate of expected credit losses requires entities to incorporate considerations of historical information, current information and reasonable and supportable forecasts. This may result in the earlier recognition of allowance for losses. The Company adopted ASU 2016-13 on February 1, 2020. The adoption of this standard did not have a material impact on the Company’s Consolidated Financial Statements. Results for reporting periods as of February 1, 2020 are presented under the new standard, while prior results continue to be reported under the previous standard.

Earnings Per Share and Cash Div

Earnings Per Share and Cash Dividends	9 Months Ended
Earnings Per Share and Cash Dividends	Oct. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share and Cash Dividends	NOTE 4 – EARNINGS PER SHARE AND CASH DIVIDENDS The Company presents net income/(loss) attributable to Movado Group, Inc. after adjusting for noncontrolling interests, as applicable, per share on a basic and diluted basis. Basic earnings per share is computed using weighted-average shares outstanding during the period. Diluted earnings per share is computed using the weighted-average number of shares outstanding adjusted for dilutive common stock equivalents. The number of shares used in calculating basic and diluted earnings (loss) per share is as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 Weighted average common shares outstanding: Basic 23,285 23,117 23,223 23,124 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 90 133 — 198 Diluted 23,375 23,250 23,223 23,322 For the three months ended October 31, 2020 and 2019, approximately 889,000 and 786,000 815,000 period. During the first three quarters of fiscal 2021, the Company did not declare quarterly cash dividends. The Company declared quarterly cash dividends of $0.20 in each of the first three quarters of fiscal year 2020, representing $13.8 million in total dividends. Of this amount, $4.6 million was paid on September 24, 2019, $4.6 million was paid on June 25, 2019 and $4.6 million was paid on April 24, 2019.

Acquisitions

Acquisitions	9 Months Ended
Acquisitions	Oct. 31, 2020
Business Combinations [Abstract]
Acquisitions	NOTE 5 – ACQUISITIONS Australia On November 22, 2019, the Company entered into an agreement and formed a joint venture with GDL Accessories PTY Ltd. (“GDL”), an Australian based company which distributed the Company’s products in Australia and New Zealand. The agreement established a joint venture, MGDL Distribution Pty Ltd (“MGDL”), and set out the terms in which both parties will govern their relationship as shareholders of MGDL, and the terms on which the joint venture will be managed. The joint venture was formed to more cost effectively market and distribute Movado products to customers in Australia and in New Zealand. The Company contributed 0.9 million Australian dollars (equivalent to approximately $0.6 million US dollars) to the joint venture and is a 51% interest holder. The Company controls all of the significant participating rights of the joint venture. As the Company controls all of the significant participating rights of the joint venture and is the majority interest holder in MGDL, the assets, liabilities and results of operations of the joint venture are consolidated and included in the Company’s Consolidated Financial Statements since the date of acquisition within the Watch and Accessory Brands segment. GDL’s interest is reflected in Net income attributable to noncontrolling interest in the Consolidated Statements of Operations and Noncontrolling interest in the Consolidated Balance Sheets. As of October 31, 2020, all amounts in the Consolidated Financial Statements related to MGDL were immaterial. City Time On December 3, 2018, the Company acquired 51% of City Time Distribucion, S.L.U. (“City Time”), the Company’s distributor in Spain, and simultaneously signed a joint venture agreement. The purchase price was 4.2 million Euros (equivalent to approximately $4.8 million US dollars), net of cash acquired, and was funded with cash on hand. The results of City Time have been included in the Company’s Consolidated Financial Statements since the date of acquisition within the Watch and Accessory Brands segment. Of the total purchase consideration, there were no material amounts allocated to assets acquired and liabilities assumed. Pursuant to the joint venture agreement, the noncontrolling interest holder has the right to sell its interest in City Time to the Company on two specific dates in the future. The noncontrolling interest is not redeemable until such dates. The Company will adjust the carrying value of the redeemable interest to the redemption amount assuming it was redeemable at the balance sheet date. At October 31, 2020, the Company concluded that no remeasurement adjustment was needed. If the noncontrolling interest holder does not exercise its right to sell its interest in City Time to the Company, the Company nevertheless has the option to purchase the noncontrolling interest holder’s interest on each of the same two dates and at the same price as would have applied if the noncontrolling interest holder had exercised its sale option. MVMT On October 1, 2018, the Company acquired MVMT Watches, Inc., owner of the MVMT brand, for an initial payment of $100.0 million and two future contingent payments that combined could total up to an additional $100.0 million before tax benefits. The exact amount of the future payments will be determined by MVMT's future financial performance with no minimum required future payment. After giving effect to the closing adjustments, the purchase price was $108.4 million, net of cash acquired of $3.8 million. The Compan T he acquisition agreement included a contingent consideration arrangement based on the MVMT brand achieving certain revenue and EBITDA (as defined in the acquisition agreement) targets. In connection therewith, the Company recorded a non-current liability of $16.5 million as of the date of acquisition to reflect the estimated fair value of the contingent purchase price. $14.5 million was allocated to purchase price and $2.0 million to deferred compensation expense based on future employee service requirements. The estimated fair value of the contingent consideration was determined using a Monte Carlo simulation that includes key assumptions regarding MVMT’s projected financial performance during the earn-out period (through 2023), volatilities, estimated discount rates, risk-free interest rate, and correlation. Based on changes in projected financial performance, t In connection with the remeasurement of the contingent consideration during the fiscal year ended January 31, 2020, the Company assessed the undiscounted cash flows associated with the long-lived assets pertaining to MVMT. Current estimates at that time indicated that carrying amounts were expected to be recovered. The undiscounted cash flows related to the MVMT long-lived assets as of January 31, 2020 exceeded the carrying value by approximately 33%. See Note 7 – Goodwill and Intangible Assets for impairment of MVMT’s long-lived assets as of October 31, 2020.

Restructuring Provision

Restructuring Provision	9 Months Ended
Restructuring Provision	Oct. 31, 2020
Restructuring Charges [Abstract]
Restructuring Provision	NOTE 6 – RESTRUCTURING PROVISION On June 29, 2020, the Company committed to a Restructuring Plan as part of the Company’s corporate initiatives to reduce operating expenses and adjust cash flows in light of the ongoing economic challenges resulting from the COVID-19 pandemic and its impact on the Company’s business. The Restructuring Plan was substantially completed during the second quarter of the Company’s current fiscal year, although cash severance will be paid over time and such payments are expected to continue into the next fiscal year. During the quarter ended October 31, 2020, the Company recorded an additional $0.8 million primarily related to additional severance and conclusion in negotiations on certain leased properties and consulting arrangements. Of the total provision incurred, approximately $8.7 million is expected to result in cash expenditures with the remaining $6.7 million resulting in non-cash use. The Company expects annual savings in the range of $14 million to $16 million as it relates to severance, employee related and properties (contained within Other in table below). A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the three months ended October 31, 2020 (in thousands): Balance July 31, 2020 Provision Non-Cash Use Cash Payments Balance October 31, 2020 Restructuring Plan: Severance and Employee Related $ 5,806 $ 144 $ — $ (2,784 ) $ 3,166 Other 89 631 (117 ) (536 ) 67 Corporate Initiative: Severance and Employee Related 541 — — (541 ) - Inventory 3,460 — (203 ) — 3,257 Accounts receivable 1,075 — — — 1,075 Other 37 6 — (15 ) 28 Total $ 11,008 $ 781 $ (320 ) $ (3,876 ) $ 7,593 A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the nine months ended October 31, 2020 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance October 31, 2020 Restructuring Plan: Severance and Employee Related (1) $ — $ 7,110 $ — $ (3,944 ) $ 3,166 Other (2) — 1,033 (315 ) (651 ) 67 Corporate Initiative: Severance and Employee Related — 936 — (936 ) — Inventory (3) — 3,507 (250 ) — 3,257 Accounts receivable (4) — 1,075 — — 1,075 Other (2) — 1,728 (1,518 ) (182 ) 28 Total $ — $ 15,389 $ (2,083 ) $ (5,713 ) $ 7,593 The following amounts are included in the Consolidated Balance Sheet at October 31, 2020: (1) $2.8 million included in Accrued payroll and benefits and $0.4 million included in Capital in excess of par value. (2) Balance included in Accrued liabilities. (3) Reserve included in Inventories. (4) Reserve included in Trade receivables, net. Included in Other is approximately a $1.5 million write-off related to unrefunded deposits for a canceled global customer event. The corporate initiative costs by operating segment are as follows: For the Three Months Ended October 31, 2020 Provision For the Nine Months Ended October 31, 2020 Total Watch and Accessory Brands: United States $ 594 $ 11,929 International 187 3,460 Total Watch and Accessory Brands 781 15,389 Total Company Stores — — Total Consolidated $ 781 $ 15,389 Cost of sales $ 43 $ 3,551 Selling, general and administrative 738 11,838 Total $ 781 $ 15,389

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
Goodwill and Intangible Assets	Oct. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	NOTE 7 – GOODWILL AND INTANGIBLE ASSETS The Company performs its annual impairment assessment of goodwill as well as brand intangibles at the beginning of the fourth quarter of each fiscal year or if an event occurs that would more likely than not reduce the fair value below its carrying amount. During the three months ended April 30, 2020, in light of the COVID-19 pandemic that resulted in the closing of the Company’s stores and of the vast majority of the stores of the Company’s wholesale customers (resulting in a decrease in revenues and gross margin), a decrease in customer spending and the recent decline in the Company’s market capitalization, the Company concluded that a triggering event had occurred during the first quarter, resulting in the need to perform a quantitative interim impairment assessment over the Company’s Olivia Burton, MVMT and Company Stores’ long-lived assets as well as the Watch and Accessory Brands reporting unit. T he Company performed recoverability tests for the long-lived assets of MVMT, Olivia Burton and the Company Stores as of April 30, 2020. The Company concluded that the carrying amounts of the long-lived assets of Olivia Burton and the Company Stores were recoverable, while the long-lived assets of MVMT may not be recoverable. Utilizing a royalty rate to determine discounted projected future cash flows in the valuation of MVMT’s trade name and a discounted cash flow method for the valuation of MVMT’s customer relationships, the Company concluded that the fair values of MVMT’s tradenames and customer relationships did not exceed their carrying values. As a result, the Company recorded impairment charges in the Watch and Accessory Brands segment totaling $22.2 million in the first quarter of fiscal 2021, decreasing MVMT’s trade name to $2.4 million and MVMT’s customer relationships to zero. After adjusting the carrying value of MVMT’s intangible assets, the Company completed an interim quantitative impairment test of goodwill as of April 30, 2020 in which the Company compared the fair value of the Watch and Accessory Brands reporting unit to its respective carrying value. An impairment test of goodwill was not performed for the Company Stores reporting unit as there was no goodwill at this reporting unit. The fair value estimate for the Watches and Accessory reporting unit was based on the income and market approaches. The discounted cash flow method under the income approach involves estimating the cash flows in a discrete forecast period and a terminal value based on the Gordon Growth Model and discounting at a rate of return that reflects the relative risk of the cash flows. The market approach involves applying valuation multiples to the operating performance of the Watch and Accessory Brands reporting unit derived from comparable publicly traded companies based on the relative historical and projected operations of the reporting unit. The key estimates used in the discounted cash flows model included the Company’s weighted average cost of capital and projected cash flows, notably revenue growth rates and margin assumptions. The Company’s assumptions were based on the actual historical performance of the reporting units and took into account the recent severe and continued weakening of operating results as well as the anticipated rate of recovery, and implied risk premiums based on market prices of the Company’s common stock as of the assessment date. The significant estimates in the market approach model included identifying similar companies with comparable business factors such as size, growth, profitability, risk and return on investment and assessing comparable revenue and earnings multiples in estimating the fair value of the reporting unit. The excess of the Watch and Accessory Brands unit’s carrying value over the estimate of the fair value was recorded in the Watch and Accessory Brands segment as the goodwill The changes in the carrying amount of other intangible assets during the nine months ended October 31, 2020 are as follows (in thousands): Trade names Customer relationships Other (1) Total Weighted Average Amortization Period (in years) 10 7 9 Balance at January 31, 2020 $ 31,075 $ 10,154 $ 1,130 $ 42,359 Impairment (18,595 ) (3,570 ) — (22,165 ) Additions — — 118 118 Amortization (1,487 ) (1,242 ) (232 ) (2,961 ) Foreign exchange impact (224 ) (32 ) 28 (228 ) Balance at October 31, 2020 $ 10,769 $ 5,310 $ 1,044 $ 17,123 (1) Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand. Amortization expense for intangible assets was $ 0.9 and and $ 3.0 million and $4.6 million for the nine months ended October 31, 2020 and 2019, respectively.

Inventories

Inventories	9 Months Ended
Inventories	Oct. 31, 2020
Inventory Disclosure [Abstract]
Inventories	NOTE 8 – INVENTORIES Inventories consisted of the following (in thousands): October 31, 2020 January 31, 2020 October 31, 2019 Finished goods $ 130,515 $ 125,603 $ 154,758 Component parts 42,438 41,708 42,976 Work-in-process 3,888 4,095 3,430 $ 176,841 $ 171,406 $ 201,164

Debt and Lines of Credit

Debt and Lines of Credit	9 Months Ended
Debt and Lines of Credit	Oct. 31, 2020
Debt Disclosure [Abstract]
Debt and Lines of Credit	NOTE 9 – DEBT AND LINES OF CREDIT On October 12, 2018, the Company, together with Movado Group Delaware Holdings Corporation, Movado Retail Group, Inc. and Movado LLC (together with the Company, the “U.S. Borrowers”), each a wholly owned domestic subsidiary of the Company, and Movado Watch Company S.A. and MGI Luxury Group S.A. (collectively, the “Swiss Borrowers” and, together with the U.S. Borrowers, the “Borrowers”), each a wholly owned Swiss subsidiary of the Company, entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with the lenders party thereto and Bank of America, N.A. as administrative agent (in such capacity, the “Agent”). The Credit Agreement amends and restates the Company’s prior credit agreement dated as of January 30, 2015 (the “Prior Credit Agreement”) and extends the maturity of the $100.0 million senior secured revolving credit facility (the “Facility”) provided thereunder to October 12, 2023. The Facility includes a $15.0 million letter of credit subfacility, a $25.0 million swingline subfacility and a $75.0 million sublimit for borrowings by the Swiss Borrowers, with provisions for uncommitted increases to the Facility of up to $50.0 million in the aggregate subject to customary terms and conditions. On June 5, 2020, the Company and its lenders entered into an amendment (the “Second Amendment”) to the Credit Agreement effective as of April 30, 2020. Among other things, the Second Amendment provides for the following temporary relief with respect to the financial maintenance covenants in the Credit Agreement from April 30, 2020 through the date on which the Company delivers a compliance certificate in respect of the period ended July 31, 2021 (or earlier if the Company demonstrates satisfaction of certain earnings and leverage milestones) (the “Suspension Period”): (i) the maximum consolidated leverage ratio is increased from 2.50 to 1.0 to 2.75 to 1.0 for the four quarter period ended April 30, 2020 and suspended thereafter until the end of the Suspension Period when it resumes at 2.50 to 1.0 and (ii) the minimum EBITDA covenant levels are reduced. In addition, the Second Amendment provides that (i) through April 30, 2021, the Company is required to maintain minimum liquidity (comprised of unrestricted cash and cash equivalents and unutilized commitments under the Credit Agreement) of $100.0 million, (ii) during the Suspension Period, certain covenants, including covenants related to dividends, share repurchases, debt incurrence, investments and capital expenditures, have been tightened and (iii) during the Suspension Period, the interest rate for borrowings under the Credit Agreement is increased to LIBOR plus 2.75% per annum and the commitment fee in respect of the unutilized commitments is increased to 0.45% per annum. In addition, the Second Amendment permanently increased the LIBOR floor for loans under the Credit Agreement from 0% to 1.00% and permanently reduced the minimum EBITDA financial covenant level to $35.0 million starting with the four-quarter period ending July 31, 2021. As of October 31, 2020, and October 31, 2019, there was 25.0 million and 50.0 million in Swiss Francs, respectively (with a dollar equivalent of $ 27.3 , in addition to $10.0 million as of October 31, 2020, June 1, 2021 62.4 The Company had weighted average borrowings under the facility of $44.5 million and $50.6 million during the three months ended October 31, 2020 and 2019, respectively, with a weighted average interest rate of 3.75% and 1.00% during the three months ended October 31, 2020 and 2019, respectively. The Company had weighted average borrowings under the facility of million and $50.2 million, with a weighted average interest rate of and 1.00% during the nine months ended October 31, 2020 and 2019, respectively. A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of October 31, 2020, and 2019, these lines of credit totaled 6.5 million Swiss Francs for both periods, with a dollar equivalent of $ 7.1 in both periods, was a restricted deposit as it relates to lease agreements. Cash paid for interest, including unused commitments fees, was $1.3 million and $0.5 million for the nine-month period ended October 31, 2020 and October 31, 2019, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
Derivative Financial Instruments	Oct. 31, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 10 – DERIVATIVE FINANCIAL INSTRUMENTS As of October 31, 2020, the Company’s entire net forward contracts hedging portfolio consisted of 21.6 million Chinese Yuan equivalent, 6.0 million Swiss Francs equivalent, 20.0 million US dollars equivalent, 24.0 million Euros equivalent and 5.6 million British Pounds equivalent with various expiry dates ranging through January 12, 2021. These forward contracts are not designated as qualified hedges in accordance with ASC 815, Derivatives and Hedging, See Note 11 – Fair Value Measurements for fair value and presentation in the Consolidated Balance Sheets for derivatives. For the quarter ended October 31, 2020, the Company did not have any cash flow hedges.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Oct. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Abstract]
Fair Value Measurements	NOTE 11 – FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Accounting guidance establishes a fair value hierarchy which prioritizes the inputs used in measuring fair value into three broad levels as follows: • Level 1 – Quoted prices in active markets for identical assets or liabilities. • Level 2 – Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. • Level 3 – Unobservable inputs based on the Company’s assumptions. The guidance requires the use of observable market data if such data is available without undue cost and effort. The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of October 31, 2020 and 2019 and January 31, 2020 (in thousands): Fair Value at October 31, 2020 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 143 $ — $ — $ 143 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,020 — — 1,020 SERP assets - employee Other non-current assets 42,040 — — 42,040 Defined benefit plan assets Other non-current liabilities — — 25,206 25,206 Total $ 43,359 $ — $ 25,206 $ 68,565 Liabilities: SERP liabilities - employee Other non-current liabilities $ 42,040 $ — $ — $ 42,040 Hedge derivatives Accrued liabilities — 12 — 12 Total $ 42,040 $ 12 $ — $ 42,052 Fair Value at January 31, 2020 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 184 $ — $ — $ 184 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 988 — — 988 SERP assets - employee Other non-current assets 45,256 — — 45,256 Defined benefit plan assets Other non-current liabilities — — 24,227 24,227 Hedge derivatives Other current assets — 347 — 347 Total $ 46,584 $ 347 $ 24,227 $ 71,158 Liabilities: SERP liabilities - employee Other non-current liabilities $ 45,264 $ — $ — $ 45,264 Total $ 45,264 $ — $ — $ 45,264 Fair Value at October 31, 2019 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 177 $ — $ — $ 177 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,280 — — 1,280 SERP assets - employee Other non-current assets 43,049 — — 43,049 Defined benefit plan assets Other non-current liabilities — — 33,312 33,312 Hedge derivatives Other current assets — 79 — 79 Total $ 44,662 $ 79 $ 33,312 $ 78,053 Liabilities: SERP liabilities - employee Other non-current liabilities $ 43,049 $ — $ — $ 43,049 Hedge derivatives Accrued liabilities — 83 — 83 Contingent consideration Other non-current liabilities — — 1,918 1,918 Total $ 43,049 $ 83 $ 1,918 $ 45,050 The fair values of the Company’s available-for-sale securities are based on quoted prices. The fair value of the short-term investment, which is a guaranteed investment certificate, is based on its purchase price plus one half of a percent calculated annually. The assets related to the Company’s defined contribution supplemental executive retirement plan (“SERP”) consist of both employer (employee unvested) and employee assets which are invested in investment funds with fair values calculated based on quoted market prices. The SERP liability represents the Company’s liability to the employees in the plan for their vested balances. The hedge derivatives are entered into by the Company principally to reduce its exposure to Swiss Franc and Euro exchange rate risks. Fair values of the Company’s hedge derivatives are calculated based on quoted foreign exchange rates and quoted interest rates. The carrying amount of debt approximated fair value as of October 31, 2020, January 31, 2020, and October 31, 2019, due to the availability and floating rate for similar instruments. The Company sponsors a defined benefit pension plan in Switzerland. The plan covers certain international employees and is based on years of service and compensation on a career-average pay basis. The assets within the plan are classified as a Level 3 asset within the fair value hierarchy and consist of an investment in pooled assets and include separate employee accounts that are invested in equity securities, debt securities and real estate. The values of the separate accounts invested are based on values provided by the administrator of the funds that cannot be readily derived from or corroborated by observable market data. The value of the assets is part of the funded status of the defined benefit plan and included in other non-current liabilities in the consolidated balance sheets at October 31, 2020, January 31, 2020 and October 31, 2019. The contingent purchase price liability related to the acquisition of MVMT Watches, Inc., owner of the MVMT brand at the time of the acquisition, is considered a Level 3 liability. Based on updated revenue and EBITDA (as defined in the acquisition agreement) performance expectations during the earn-out period for MVMT, the Company remeasured the contingent consideration to zero at January 31, 2020. At July 31, 2019 the Company remeasured the contingent consideration to $1.9 million and, as a result, $13.6 million is included in non-operating income (portion of contingent consideration allocated to purchase price) in the Consolidated Statements of Operations for the nine months ended October 31, 2019, and $0.5 million and $0.9 million are reflected as a reduction of deferred compensation (portion of contingent consideration allocated to deferred compensation based on future service requirements) within other current assets and other non-current assets, respectively, in the Consolidated Balance Sheets. As the remeasurement is not a direct benefit realized from operating the MVMT business, the Company recorded the change in contingent consideration within non-operating income in the Consolidated Statements of Operations and as such, did not include it in operating income for the Watch and Accessory Brands segment. Refer to Note 19 for Segment and Geographic Information. The following tables present the change in the Level 3 contingent purchase price liability during the three and nine months ended October 31, 2019: Three Months Ended October 31, (In thousands) 2019 Balance at July 31, 2019 $ 1,900 Payments — Adjustments included in income before income taxes 18 Adjustments to deferred compensation — Ending Balance $ 1,918 Nine Months Ended October 31, (In thousands) 2019 Balance at January 31, 2019 $ 16,718 Payments — Adjustments included in income before income taxes (13,443 ) Adjustments to deferred compensation (1,357 ) Ending Balance $ 1,918 There were no transfers between any levels of the fair value hierarchy for any of the Company’s fair value measurements.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Oct. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 12 – COMMITMENTS AND CONTINGENCIES The Company has minimum commitments related to the Company’s license agreements and endorsement agreements with brand ambassadors. The Company sources, distributes, advertises and sells watches pursuant to its exclusive license agreements with unaffiliated licensors. Royalty amounts under the license agreements are generally based on a stipulated percentage of revenues, although most of these agreements contain provisions for the payment of minimum annual royalty amounts. The license agreements have various terms, and some have renewal options, provided that minimum sales levels are achieved. Additionally, the license agreements require the Company to pay minimum annual advertising amounts. The Company had previously recorded an obligation of $28.2 million due to the 2017 Tax Act, which was signed into law on December 22, 2017 and imposed a one-time mandatory deemed repatriation tax on cumulative undistributed foreign earnings which have not been previously taxed. The obligation, which was recorded in prior years, is payable in installments over eight years, with the first payment having been made in the second quarter of fiscal 2019 . The Company believes that income tax reserves are adequate; however, amounts asserted by taxing authorities could be greater or less than amounts accrued and reflected in the consolidated balance sheet. Accordingly, the Company could record adjustments to the amounts for federal, state, and foreign liabilities in the future as the Company revises estimates or settles or otherwise resolves the underlying matters. In the ordinary course of business, the Company may take new positions that could increase or decrease unrecognized tax benefits in future periods. In December 2016, U.S. Customs and Border Protection (“U.S. Customs”) issued an audit report concerning the methodology used by the Company to allocate the cost of certain watch styles imported into the U.S. among the component parts of those watches for tariff purposes. The report disputes the reasonableness of the Company’s historical allocation formulas and proposes an alternative methodology that would imply $ 5.1 million in underpaid duties over the five-year period covered by the statute of limitations, plus possible penalties and interest. The Company believes that U.S. Customs’ alternative duty methodology and estimate are not consistent with the Company’s facts and circumstances and is disputing U.S. Customs’ position. On February 24, 2017, the Company provided U.S. Customs with supplemental analyses and information supporting the Company’s historical allocation formulas and thereafter provided additional information for U.S. Customs’ review. Although the Company disagrees with U.S. Customs’ position, it cannot predict with any certainty the outcome of this matter. The Company intends to continue to work with U.S. Customs to reach a mutually satisfactory resolution. The purchase consideration for the MVMT business included two future contingent payments that combined could total up to $100 million. Based on updated revenue and EBITDA (as defined in the acquisition agreement) performance expectations during the earn-out period for MVMT, the Company remeasured the contingent consideration to zero at January 31, 2020 (see Note 5 – Acquisitions and Note 11 – Fair Value Measurements). The Company is involved in legal proceedings and claims from time to time, in the ordinary course of its business. Legal reserves are recorded in accordance with the accounting guidance for contingencies. Contingencies are inherently unpredictable and it is possible that results of operations, balance sheets or cash flows could be materially and adversely affected in any particular period by unfavorable developments in, or resolution or disposition of, such matters. For those legal proceedings and claims for which the Company believes that it is probable that a reasonably estimable loss may result, the Company records a reserve for the potential loss. For proceedings and claims where the Company believes it is reasonably possible that a loss may result that is materially in excess of amounts accrued for the matter, the Company either discloses an estimate of such possible loss or range of loss or includes a statement that such an estimate cannot be made. As of October 31, 2020, the Company is party to legal proceedings and contingencies, the resolution of which is not expected to materially affect its financial condition, future results of operations beyond the amounts accrued, or cash flows.

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 13 – INCOME TAXES On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) which provides economic relief to assist American families and companies during the COVID-19 global pandemic. The CARES Act includes, among other things, provisions related to net operating loss carryback periods, refundable payroll tax credits and the delay of certain payroll taxes, and technical corrections to tax depreciation methods for qualified improvement property. The CARES Act allows U.S. net operating losses generated in fiscal 2019, 2020, and 2021 to be carried back up to five years to prior taxable years with a U.S. statutory tax rate of 35.0% and to offset 100% of regular taxable income in such years (the “CARES Act NOL Carryback Provision”). The Company anticipates that there will be a U.S. net operating loss generated in fiscal 2021 which will be carried back to prior taxable years. The Company recorded an income tax provision of $7.5 million and $5.0 million for the three months ended October 31, 2020 and 2019, respectively. The effective tax rate was 33.5 The Company recorded an income tax benefit of $ 26.4 The effective tax rate was 15.7% and 21.3% for the nine months ended October 31, 2020 and 2019, respectively. The significant components of the effective tax rate changed primarily due to impairments of the portion of goodwill of the Watch and Accessory Brands reporting unit which is not tax deductible, the U.S. tax on GILTI and the recording of valuation allowances on certain foreign deferred tax assets. These changes were partially offset by changes in foreign profits in lower tax jurisdictions and the CARES Act NOL Carryback Provision. The effective tax rate f or the three months ended October 31, 2020 differs from the U.S. statutory tax rate of 21.0 % primarily due to the U.S. tax on GILTI and excess tax deficiencies related to stock-based compensation, partially offset by foreign profits being taxed in lower taxing jurisdictions and the CARES Act NOL Carryback Provision. The effective tax rate for the nine months ended October 31, 2020 differs from the U.S. statutory tax rate of 21.0% primarily due to impairments of the portion of goodwill of the Watch and Accessory Brands reporting unit which is not tax deductible and the U.S. tax on GILTI, partially offset by the CARES Act NOL Carryback Provision. The effective tax rate for the three and nine months ended October 31, 2019 differs from the U.S. statutory tax rate of 21.0% primarily due to no tax benefit being recognized on losses incurred by certain foreign operations, partially offset by foreign profits being taxed in lower taxing jurisdictions. In December 2019, the FASB issues ASU 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes”. ASU 2019-12 simplifies the accounting for income taxes by removing certain exceptions to general principles in “Income Taxes (Topic 740)”. It also clarifies and amends existing guidance to improve consistent application. The guidance is effective for fiscal years beginning after December 15, 2020. The Company early adopted this standard effective February 1, 2020. The provision of ASU 2019-12 which has the most significant impact on the Company is the removal of a limitation on the tax benefit recognized on pre-tax losses during interim periods which exceed the expected loss for the fiscal year. The Company’s income tax benefit for the nine months ended October 31, 2020 includes an income tax benefit of 0.5 As of October 31, 2020, the Company had no deferred tax liability for the undistributed foreign earnings of approximately $211.1 million because the Company intends to continue permanently reinvesting such earnings in its foreign operations. It is not practicable to estimate the tax liability related to a future distribution of these permanently reinvested foreign earnings.

Equity

Equity	9 Months Ended
Equity	Oct. 31, 2020
Equity [Abstract]
Equity	NOTE 14 – EQUITY The components of equity for the nine months ended October 31, 2020 and 2019 are as follows (in thousands): Movado Group, Inc. Shareholders' Equity Preferred Stock Common Stock Class Common Stock Capital Excess Par Retained Earnings Accumulated Other Comprehensive Income Treasury Stock Noncontrolling Interest Total Movado Group, Inc. Shareholders' Equity Redeemable Noncontrolling Interest Balance, January 31, 2020 $ — $ 279 $ 65 $ 208,473 $ 455,479 $ 85,050 $ (222,809 ) $ 707 $ 527,244 $ 3,165 Net income/(loss) attributable to Movado Group, Inc. (141,783 ) 571 (141,212 ) (556 ) Stock options exercised 2 (2 ) (497 ) (497 ) Supplemental executive retirement plan 69 69 Stock-based compensation expense (4) 4,190 4,190 Net unrealized loss on investments, net of tax benefit of $10 (31 ) (31 ) Amortization of prior service cost, net of tax provision of $12 42 42 Foreign currency translation adjustment (3) 818 35 853 163 Balance, October 31, 2020 $ — $ 281 $ 65 $ 212,730 $ 313,696 $ 85,879 $ (223,306 ) $ 1,313 $ 390,658 $ 2,772 Preferred Stock Common Stock Class Common Stock Capital Excess Par Retained Earnings Accumulated Other Comprehensive Income Treasury Stock Noncontrolling Interest Total Movado Group, Inc. Shareholders' Equity Redeemable Noncontrolling Interest Balance, January 31, 2019 $ — $ 277 $ 65 $ 201,814 $ 431,180 $ 80,507 $ (217,188 ) $ — $ 496,655 $ 3,721 Net income/(loss) attributable to Movado Group, Inc. 39,195 39,195 (349 ) Dividends ($0.60 per share) (13,796 ) (13,796 ) Stock repurchase (4,199 ) (4,199 ) Stock options exercised 2 154 (1,405 ) (1,249 ) Supplemental executive retirement plan 99 99 Stock-based compensation expense 4,658 4,658 Amortization of prior service cost, net of tax provision of $11 39 39 Foreign currency translation adjustment (3) (721 ) (721 ) (109 ) Balance, October 31, 2019 $ — $ 279 $ 65 $ 206,725 $ 456,579 $ 79,825 $ (222,792 ) $ — $ 520,681 $ 3,263 (1) Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders. (2) Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation, as amended. The class A common stock is not publicly traded, and consequently, there is currently no established public trading market for these shares. (3) The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries. (4) Includes $0.4 million related to the Restructuring Plan of the corporate initiatives.

Treasury Stock

Treasury Stock	9 Months Ended
Treasury Stock	Oct. 31, 2020
Equity [Abstract]
Treasury Stock	NOTE 15 – TREASURY STOCK On August 29, 2017, the Board approved a share repurchase program under which the Company was authorized to purchase up to $50.0 million of its outstanding common stock from time to time, depending on market conditions, share price and other factors. Under th During the nine months ended October 31, 2020, the Company did not repurchase shares of its common stock under the repurchase program. During the There were 49,283 and 42,731 shares of common stock repurchased during the nine months ended October 31, 2020 and 2019, respectively, as a result of the surrender of shares in connection with the vesting of certain stock awards. At the election of an employee, shares having an aggregate value on the vesting date equal to the employee’s withholding tax obligation may be surrendered to the Company.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
Accumulated Other Comprehensive Income	Oct. 31, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive Income	NOTE 16 – ACCUMULATED OTHER COMPREHENSIVE INCOME The accumulated balances at October 31, 2020 and 2019, and January 31, 2020, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): October 31, 2020 January 31, 2020 October 31, 2019 Foreign currency translation adjustments $ 86,163 $ 85,345 $ 80,087 Available-for-sale securities 93 124 119 Unrecognized prior service cost related to defined benefit pension plan (325 ) (367 ) (381 ) Net actuarial loss related to defined benefit pension plan (52 ) (52 ) — Total accumulated other comprehensive income $ 85,879 $ 85,050 $ 79,825

Revenue

Revenue	9 Months Ended
Revenue	Oct. 31, 2020
Revenue From Contract With Customer [Abstract]
Revenue	NOTE 17 – REVENUE Disaggregation of Revenue The following table presents the Company’s net sales disaggregated by customer type. Sales and usage-based taxes are excluded from net sales (in thousands): For the Three Months Ended October 31, For the Nine Months Ended October 31, Customer Type 2020 2019 2020 2019 Wholesale $ 135,605 $ 168,558 $ 248,977 $ 402,855 Direct to consumer 33,508 36,059 77,500 104,149 After-sales service 750 1,001 1,590 2,979 Net Sales $ 169,863 $ 205,618 $ 328,067 $ 509,983 The Company’s revenue from contracts with customers is recognized at a point in time. The Company’s net sales disaggregated by geography are based on the location of the Company’s customer (see Note 19 – Segment and Geographic Information). Wholesale Revenue The Company’s wholesale revenue consists primarily of revenues from independent distributors, and from department stores, and chain and independent jewelry stores. The Company recognizes and records its revenue when obligations under the terms of a contract with the customer are satisfied, and control is transferred to the customer. Wholesale revenue is measured as the amount of consideration the Company ultimately expects to receive in exchange for transferring goods. Wholesale revenue is included entirely within the Watch and Accessory Brands segment (see Note 19 – Segment and Geographic Information), consistent with how management makes decisions regarding the allocation of resources and performance measurement. Direct to Consumer Revenue The Company’s direct to consumer revenue primarily consists of revenues from the Company’s outlet stores, concession stores, e-commerce, and consumer repairs. Revenue is recognized as the end consumer obtains delivery of the merchandise. Direct to Consumer revenue is included in either the Watch and Accessory Brands segment or Company Stores Segment based on how the Company makes decisions about the allocation of resources and performance measurement. Direct to Consumer revenue derived from concession stores, e-commerce and consumer repairs is included within the Watch and Accessory Brands segment; revenue derived from outlet stores is included within the Company Stores Segment (see Note 19 – Segment and Geographic Information). After-Sales Service All watches sold by the Company come with limited warranties covering the movement against defects in materials and workmanship. The Company does not sell warranties separately. The Company’s after-sales service revenues consists of out of warranty service provided to customers and authorized third party repair centers, and sale of watch parts. The Company recognizes and records its revenue when obligations under the terms of a contract with the customer are satisfied and control is transferred to the customer. After-sales service revenue is measured as the amount of consideration the Company ultimately expects to receive in exchange for transferring goods. Revenue from after sales service, including consumer repairs, is included entirely within the Watch and Accessory Brands segment, consistent with how management makes decisions about the allocation of resources and performance measurement.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
Stock-Based Compensation	Oct. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	NOTE 18 – STOCK-BASED COMPENSATION Under the Company’s Employee Stock Option Plan, as amended and restated as of April 4, 2013 (the “Plan”), the Compensation Committee of the Board of Directors, which consists of three of the Company’s non-employee directors, has the authority to grant participants incentive stock options, nonqualified stock options, restricted stock, stock appreciation rights and stock awards, for up to 11,000,000 shares of common stock. Stock Options: Stock options granted to participants under the plan generally became exercisable in equal installments over three years or cliff-vested after three years and remain exercisable until the tenth anniversary of the date of grant. All stock options granted under the Plan have an exercise price equal to or greater than the fair market value of the Company’s common stock on the grant date. The table below presents the weighted average assumptions used with the Black-Scholes option-pricing model for the calculation of the fair value of stock options granted during the nine months ended October 31, 2020. There were no stock options granted during the three months ended October 31, 2020 or during the three and nine months ended October 31, 2019. Nine Months Ended October 31, 2020 Expected volatility 50.79 % Expected life in years 6.0 Risk-free interest rates 0.34 % Dividend rate 4.29 % Weighted average fair value per option at date of grant $ 3.87 The fair value of the stock options, less expected forfeitures, is amortized on a straight-line basis over the vesting term. Total compensation expense for stock option grants recognized during the three months ended October 31, 2020 and 2019 was approximately of October 31, 2020, there was unrecognized compensation cost related to unvested stock options. Total consideration received for stock option exercises during both the three months ended October 31, 2020 and 2019 was zero Total consideration received for stock option exercises during the nine months ended October 31, 2020 and 2019 was zero and $0.2 million, . The following table summarizes the Company’s stock options activity during the first nine months of fiscal 2021: Outstanding Options Weighted Average Exercise Price per Option Option Price Per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value $(000) Options outstanding at January 31, 2020 (399,905 options exercisable) 561,110 $ 28.41 $23.35-$42.12 5.2 $ - Granted 200,000 $ 12.42 $ 12.42 Exercised — Cancelled — Options outstanding at October 31, 2020 761,110 $ 24.21 $12.42-$42.12 5.8 $ - Exercisable at October 31, 2020 561,110 $ 28.41 4.4 $ - Expected to vest at October 31, 2020 172,959 $ 12.42 9.6 $ - There were no stock options exercised during the first nine months of fiscal 2021. Stock Awards: Under the Plan, the Company can also grant stock awards to employees and directors. For the three months ended October 31, 2020 and 2019, compensation expense for stock awards was $1.0 million million, 4.0 ($0.4 million is included in the Restructuring Plan of the corporate initiatives) 3.3 . The following table summarizes the Company’s stock awards activity during the first nine months of fiscal 2021: Number of Stock Award Units Weighted- Average Grant Date Fair Value Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value $(000's) Units outstanding at January 31, 2020 490,239 $ 33.50 1.4 $ 8,442 Units granted 89,289 $ 10.02 Units vested (212,070 ) $ 26.05 Units forfeited (31,084 ) $ 31.11 Units outstanding at October 31, 2020 336,374 $ 32.19 0.9 $ 3,670 Outstanding stock awards can be classified as either time-based stock awards or performance-based stock awards. Time-based stock awards vest over time subject to continued employment. Performance-based stock awards vest over time subject both to continued employment and to the achievement of corporate financial performance goals. Upon the vesting of a stock award, shares are issued from the pool of authorized shares. For performance-based stock awards, the number of shares issued related to the performance units granted can vary from 0% to 150% of the target number of underlying stock award units, depending on the extent of the achievement of predetermined financial goals. The total fair value of stock award units that vested during the first nine months of fiscal 2021 was $ million. The number of shares issued related to the remaining stock awards are established at grant date.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
Segment and Geographic Information	Oct. 31, 2020
Segment Reporting [Abstract]
Segment and Geographic Information	NOTE 19 – SEGMENT AND GEOGRAPHIC INFORMATION The Company conducts its business in two operating segments: Watch and Accessory Brands and Company Stores. The Company’s Watch and Accessory Brands segment includes the designing, manufacturing and distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to revenue generated from after-sales service activities and shipping. The Company Stores segment includes the Company’s physical retail outlet locations . The Chief Executive Officer of the Company is the chief operating decision maker (“CODM”) and regularly reviews operating results for each of the two operating segments to assess performance and makes operating decisions about the allocation of the Company’s resources. The Company divides its business into two major geographic locations: United States operations, and International, which includes the results of all non-U.S. Company operations. The allocation of geographic revenue is based upon the location of the customer. The Company’s International operations in Europe, the Middle East, the Americas (excluding the United States) and Asia accounted for 41.9 40.4 7.0 Operating Segment Data for the Three Months Ended October 31, 2020 and 2019 (in thousands): Net Sales 2020 2019 Watch and Accessory Brands: Owned brands category $ 55,774 $ 76,120 Licensed brands category 95,576 108,336 After-sales service and all other 758 1,149 Total Watch and Accessory Brands 152,108 185,605 Company Stores 17,755 20,013 Consolidated total $ 169,863 $ 205,618 Operating Income (3) 2020 2019 Watch and Accessory Brands $ 19,810 $ 20,206 Company Stores 3,257 2,432 Consolidated total $ 23,067 $ 22,638 Operating Segment Data as of and for the Nine Months Ended October 31, 2020 and 2019 (in thousands): Net Sales 2020 2019 Watch and Accessory Brands: Owned brands category $ 112,757 $ 184,729 Licensed brands category 177,674 258,617 After-sales service and all other 3,152 10,560 Total Watch and Accessory Brands 293,583 453,906 Company Stores 34,484 56,077 Consolidated total $ 328,067 $ 509,983 Operating (Loss)/Income (3)(4)(5) 2020 2019 Watch and Accessory Brands $ (169,756 ) $ 28,999 Company Stores 1,744 7,389 Consolidated total $ (168,012 ) $ 36,388 Total Assets (A) October 31, 2020 January 31, 2020 October 31, 2019 Watch and Accessory Brands $ 640,652 $ 782,339 $ 799,887 Company Stores 61,126 64,969 67,168 Consolidated total $ 701,778 $ 847,308 $ 867,055 (A) The decrease in total assets of the Watch and Accessory Brands segment at October 31, 2020 from January 31, 2020 is due primarily to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets. Geographic Location Data for the Three Months Ended October 31, 2020 and 2019 (in thousands): Net Sales Operating (Loss)/Income (3)(5) 2020 2019 2020 2019 United States (1) $ 65,485 $ 85,634 $ (6,684 ) $ (7,077 ) International (2) 104,378 119,984 29,751 29,715 Consolidated total $ 169,863 $ 205,618 $ 23,067 $ 22,638 United States and International net sales are net of intercompany sales of $ 100.5 Geographic Location Data as of and for the Nine Months Ended October 31, 2020 and 2019 (in thousands): Net Sales Operating (Loss)/Income (3)(4)(5) 2020 2019 2020 2019 United States (1) $ 128,785 $ 211,657 $ (140,993 ) $ (19,280 ) International (2) 199,282 298,326 (27,019 ) 55,668 Consolidated total $ 328,067 $ 509,983 $ (168,012 ) $ 36,388 United States and International net sales are net of intercompany sales of $ 172.4 (1) The United States operating loss included $16.3 million and $15.4 million of unallocated corporate expenses for the three months ended October 31, 2020 and 2019, respectively. The United States operating loss included $28.4 million and $28.5 million of unallocated corporate expenses for the nine months ended October 31, 2020 and 2019, respectively. (2) The International operating income included $23.0 million and $24.5 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2020 and 2019, respectively. The International operating (loss)/income included $45.3 million and $52.3 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2020 and 2019, respectively. (3) For the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $0.5 million, $0.9 million, $1.5 million and $3.5 million, respectively, related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, operating income/(loss) included a charge of $0.6 million, $0.7 million, $2.0 million and $2.1 million, respectively, of expenses primarily related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand. (4) For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. related to the impairment of goodwill associated with the (5) For the three months ended October 31, 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $0.6 million and $0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. Total Assets (1) October 31, 2020 January 31, 2020 October 31, 2019 United States $ 300,351 $ 425,018 $ 465,630 International 401,427 422,290 401,425 Consolidated total $ 701,778 $ 847,308 $ 867,055 (1) The decrease in the United States total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million. Property, Plant and Equipment, Net October 31, 2020 January 31, 2020 October 31, 2019 United States $ 15,884 $ 18,852 $ 19,613 International 8,118 10,386 9,662 Consolidated total $ 24,002 $ 29,238 $ 29,275

Earnings Per Share and Cash D_2

Earnings Per Share and Cash Dividends (Tables)	9 Months Ended
Earnings Per Share and Cash Dividends (Tables)	Oct. 31, 2020
Earnings Per Share [Abstract]
Schedule of Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share	The number of shares used in calculating basic and diluted earnings (loss) per share is as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2020 2019 2020 2019 Weighted average common shares outstanding: Basic 23,285 23,117 23,223 23,124 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 90 133 — 198 Diluted 23,375 23,250 23,223 23,322

Restructuring Provision (Tables

Restructuring Provision (Tables)	9 Months Ended
Restructuring Provision (Tables)	Oct. 31, 2020
Restructuring Charges [Abstract]
Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan	A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the three months ended October 31, 2020 (in thousands): Balance July 31, 2020 Provision Non-Cash Use Cash Payments Balance October 31, 2020 Restructuring Plan: Severance and Employee Related $ 5,806 $ 144 $ — $ (2,784 ) $ 3,166 Other 89 631 (117 ) (536 ) 67 Corporate Initiative: Severance and Employee Related 541 — — (541 ) - Inventory 3,460 — (203 ) — 3,257 Accounts receivable 1,075 — — — 1,075 Other 37 6 — (15 ) 28 Total $ 11,008 $ 781 $ (320 ) $ (3,876 ) $ 7,593 A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the nine months ended October 31, 2020 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance October 31, 2020 Restructuring Plan: Severance and Employee Related (1) $ — $ 7,110 $ — $ (3,944 ) $ 3,166 Other (2) — 1,033 (315 ) (651 ) 67 Corporate Initiative: Severance and Employee Related — 936 — (936 ) — Inventory (3) — 3,507 (250 ) — 3,257 Accounts receivable (4) — 1,075 — — 1,075 Other (2) — 1,728 (1,518 ) (182 ) 28 Total $ — $ 15,389 $ (2,083 ) $ (5,713 ) $ 7,593 The following amounts are included in the Consolidated Balance Sheet at October 31, 2020: (1) $2.8 million included in Accrued payroll and benefits and $0.4 million included in Capital in excess of par value. (2) Balance included in Accrued liabilities. (3) Reserve included in Inventories. (4) Reserve included in Trade receivables, net.
Summary of Corporate Initiative Costs by Operating Segment	The corporate initiative costs by operating segment are as follows: For the Three Months Ended October 31, 2020 Provision For the Nine Months Ended October 31, 2020 Total Watch and Accessory Brands: United States $ 594 $ 11,929 International 187 3,460 Total Watch and Accessory Brands 781 15,389 Total Company Stores — — Total Consolidated $ 781 $ 15,389 Cost of sales $ 43 $ 3,551 Selling, general and administrative 738 11,838 Total $ 781 $ 15,389

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
Goodwill and Intangible Assets (Tables)	Oct. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Other Intangible Assets	The changes in the carrying amount of other intangible assets during the nine months ended October 31, 2020 are as follows (in thousands): Trade names Customer relationships Other (1) Total Weighted Average Amortization Period (in years) 10 7 9 Balance at January 31, 2020 $ 31,075 $ 10,154 $ 1,130 $ 42,359 Impairment (18,595 ) (3,570 ) — (22,165 ) Additions — — 118 118 Amortization (1,487 ) (1,242 ) (232 ) (2,961 ) Foreign exchange impact (224 ) (32 ) 28 (228 ) Balance at October 31, 2020 $ 10,769 $ 5,310 $ 1,044 $ 17,123 (1) Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
Inventories (Tables)	Oct. 31, 2020
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consisted of the following (in thousands): October 31, 2020 January 31, 2020 October 31, 2019 Finished goods $ 130,515 $ 125,603 $ 154,758 Component parts 42,438 41,708 42,976 Work-in-process 3,888 4,095 3,430 $ 176,841 $ 171,406 $ 201,164

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Oct. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of October 31, 2020 and 2019 and January 31, 2020 (in thousands): Fair Value at October 31, 2020 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 143 $ — $ — $ 143 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,020 — — 1,020 SERP assets - employee Other non-current assets 42,040 — — 42,040 Defined benefit plan assets Other non-current liabilities — — 25,206 25,206 Total $ 43,359 $ — $ 25,206 $ 68,565 Liabilities: SERP liabilities - employee Other non-current liabilities $ 42,040 $ — $ — $ 42,040 Hedge derivatives Accrued liabilities — 12 — 12 Total $ 42,040 $ 12 $ — $ 42,052 Fair Value at January 31, 2020 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 184 $ — $ — $ 184 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 988 — — 988 SERP assets - employee Other non-current assets 45,256 — — 45,256 Defined benefit plan assets Other non-current liabilities — — 24,227 24,227 Hedge derivatives Other current assets — 347 — 347 Total $ 46,584 $ 347 $ 24,227 $ 71,158 Liabilities: SERP liabilities - employee Other non-current liabilities $ 45,264 $ — $ — $ 45,264 Total $ 45,264 $ — $ — $ 45,264 Fair Value at October 31, 2019 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 177 $ — $ — $ 177 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,280 — — 1,280 SERP assets - employee Other non-current assets 43,049 — — 43,049 Defined benefit plan assets Other non-current liabilities — — 33,312 33,312 Hedge derivatives Other current assets — 79 — 79 Total $ 44,662 $ 79 $ 33,312 $ 78,053 Liabilities: SERP liabilities - employee Other non-current liabilities $ 43,049 $ — $ — $ 43,049 Hedge derivatives Accrued liabilities — 83 — 83 Contingent consideration Other non-current liabilities — — 1,918 1,918 Total $ 43,049 $ 83 $ 1,918 $ 45,050
Schedule of Change in Level 3 Contingent Purchase Price Liability	The following tables present the change in the Level 3 contingent purchase price liability during the three and nine months ended October 31, 2019: Three Months Ended October 31, (In thousands) 2019 Balance at July 31, 2019 $ 1,900 Payments — Adjustments included in income before income taxes 18 Adjustments to deferred compensation — Ending Balance $ 1,918 Nine Months Ended October 31, (In thousands) 2019 Balance at January 31, 2019 $ 16,718 Payments — Adjustments included in income before income taxes (13,443 ) Adjustments to deferred compensation (1,357 ) Ending Balance $ 1,918

Equity (Tables)

Equity (Tables)	9 Months Ended
Equity (Tables)	Oct. 31, 2020
Equity [Abstract]
Components of Equity	The components of equity for the nine months ended October 31, 2020 and 2019 are as follows (in thousands): Movado Group, Inc. Shareholders' Equity Preferred Stock Common Stock Class Common Stock Capital Excess Par Retained Earnings Accumulated Other Comprehensive Income Treasury Stock Noncontrolling Interest Total Movado Group, Inc. Shareholders' Equity Redeemable Noncontrolling Interest Balance, January 31, 2020 $ — $ 279 $ 65 $ 208,473 $ 455,479 $ 85,050 $ (222,809 ) $ 707 $ 527,244 $ 3,165 Net income/(loss) attributable to Movado Group, Inc. (141,783 ) 571 (141,212 ) (556 ) Stock options exercised 2 (2 ) (497 ) (497 ) Supplemental executive retirement plan 69 69 Stock-based compensation expense (4) 4,190 4,190 Net unrealized loss on investments, net of tax benefit of $10 (31 ) (31 ) Amortization of prior service cost, net of tax provision of $12 42 42 Foreign currency translation adjustment (3) 818 35 853 163 Balance, October 31, 2020 $ — $ 281 $ 65 $ 212,730 $ 313,696 $ 85,879 $ (223,306 ) $ 1,313 $ 390,658 $ 2,772 Preferred Stock Common Stock Class Common Stock Capital Excess Par Retained Earnings Accumulated Other Comprehensive Income Treasury Stock Noncontrolling Interest Total Movado Group, Inc. Shareholders' Equity Redeemable Noncontrolling Interest Balance, January 31, 2019 $ — $ 277 $ 65 $ 201,814 $ 431,180 $ 80,507 $ (217,188 ) $ — $ 496,655 $ 3,721 Net income/(loss) attributable to Movado Group, Inc. 39,195 39,195 (349 ) Dividends ($0.60 per share) (13,796 ) (13,796 ) Stock repurchase (4,199 ) (4,199 ) Stock options exercised 2 154 (1,405 ) (1,249 ) Supplemental executive retirement plan 99 99 Stock-based compensation expense 4,658 4,658 Amortization of prior service cost, net of tax provision of $11 39 39 Foreign currency translation adjustment (3) (721 ) (721 ) (109 ) Balance, October 31, 2019 $ — $ 279 $ 65 $ 206,725 $ 456,579 $ 79,825 $ (222,792 ) $ — $ 520,681 $ 3,263 (1) Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders. (2) Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation, as amended. The class A common stock is not publicly traded, and consequently, there is currently no established public trading market for these shares. (3) The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries. (4) Includes $0.4 million related to the Restructuring Plan of the corporate initiatives.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
Accumulated Other Comprehensive Income (Tables)	Oct. 31, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Component of Accumulated Other Comprehensive Income (Loss)	The accumulated balances at October 31, 2020 and 2019, and January 31, 2020, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): October 31, 2020 January 31, 2020 October 31, 2019 Foreign currency translation adjustments $ 86,163 $ 85,345 $ 80,087 Available-for-sale securities 93 124 119 Unrecognized prior service cost related to defined benefit pension plan (325 ) (367 ) (381 ) Net actuarial loss related to defined benefit pension plan (52 ) (52 ) — Total accumulated other comprehensive income $ 85,879 $ 85,050 $ 79,825

Revenue (Tables)

Revenue (Tables)	9 Months Ended
Revenue (Tables)	Oct. 31, 2020
Revenue From Contract With Customer [Abstract]
Summary of Net Sales Disaggregated by Customer Type	The following table presents the Company’s net sales disaggregated by customer type. Sales and usage-based taxes are excluded from net sales (in thousands): For the Three Months Ended October 31, For the Nine Months Ended October 31, Customer Type 2020 2019 2020 2019 Wholesale $ 135,605 $ 168,558 $ 248,977 $ 402,855 Direct to consumer 33,508 36,059 77,500 104,149 After-sales service 750 1,001 1,590 2,979 Net Sales $ 169,863 $ 205,618 $ 328,067 $ 509,983

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
Stock-Based Compensation (Tables)	Oct. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule of Weighted Average Assumptions Used for Calculation of Fair Value of Stock Options Granted	The table below presents the weighted average assumptions used with the Black-Scholes option-pricing model for the calculation of the fair value of stock options granted during the nine months ended October 31, 2020. There were no stock options granted during the three months ended October 31, 2020 or during the three and nine months ended October 31, 2019. Nine Months Ended October 31, 2020 Expected volatility 50.79 % Expected life in years 6.0 Risk-free interest rates 0.34 % Dividend rate 4.29 % Weighted average fair value per option at date of grant $ 3.87
Schedule of Stock Options Activity	The following table summarizes the Company’s stock options activity during the first nine months of fiscal 2021: Outstanding Options Weighted Average Exercise Price per Option Option Price Per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value $(000) Options outstanding at January 31, 2020 (399,905 options exercisable) 561,110 $ 28.41 $23.35-$42.12 5.2 $ - Granted 200,000 $ 12.42 $ 12.42 Exercised — Cancelled — Options outstanding at October 31, 2020 761,110 $ 24.21 $12.42-$42.12 5.8 $ - Exercisable at October 31, 2020 561,110 $ 28.41 4.4 $ - Expected to vest at October 31, 2020 172,959 $ 12.42 9.6 $ -
Summary of Stock Awards Activity	The following table summarizes the Company’s stock awards activity during the first nine months of fiscal 2021: Number of Stock Award Units Weighted- Average Grant Date Fair Value Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value $(000's) Units outstanding at January 31, 2020 490,239 $ 33.50 1.4 $ 8,442 Units granted 89,289 $ 10.02 Units vested (212,070 ) $ 26.05 Units forfeited (31,084 ) $ 31.11 Units outstanding at October 31, 2020 336,374 $ 32.19 0.9 $ 3,670

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
Segment and Geographic Information (Tables)	Oct. 31, 2020
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data for the Three Months Ended October 31, 2020 and 2019 (in thousands): Net Sales 2020 2019 Watch and Accessory Brands: Owned brands category $ 55,774 $ 76,120 Licensed brands category 95,576 108,336 After-sales service and all other 758 1,149 Total Watch and Accessory Brands 152,108 185,605 Company Stores 17,755 20,013 Consolidated total $ 169,863 $ 205,618 Operating Income (3) 2020 2019 Watch and Accessory Brands $ 19,810 $ 20,206 Company Stores 3,257 2,432 Consolidated total $ 23,067 $ 22,638 Operating Segment Data as of and for the Nine Months Ended October 31, 2020 and 2019 (in thousands): Net Sales 2020 2019 Watch and Accessory Brands: Owned brands category $ 112,757 $ 184,729 Licensed brands category 177,674 258,617 After-sales service and all other 3,152 10,560 Total Watch and Accessory Brands 293,583 453,906 Company Stores 34,484 56,077 Consolidated total $ 328,067 $ 509,983 Operating (Loss)/Income (3)(4)(5) 2020 2019 Watch and Accessory Brands $ (169,756 ) $ 28,999 Company Stores 1,744 7,389 Consolidated total $ (168,012 ) $ 36,388 Total Assets (A) October 31, 2020 January 31, 2020 October 31, 2019 Watch and Accessory Brands $ 640,652 $ 782,339 $ 799,887 Company Stores 61,126 64,969 67,168 Consolidated total $ 701,778 $ 847,308 $ 867,055 (A) The decrease in total assets of the Watch and Accessory Brands segment at October 31, 2020 from January 31, 2020 is due primarily to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets.
Geographic Segment Data	Geographic Location Data for the Three Months Ended October 31, 2020 and 2019 (in thousands): Net Sales Operating (Loss)/Income (3)(5) 2020 2019 2020 2019 United States (1) $ 65,485 $ 85,634 $ (6,684 ) $ (7,077 ) International (2) 104,378 119,984 29,751 29,715 Consolidated total $ 169,863 $ 205,618 $ 23,067 $ 22,638 United States and International net sales are net of intercompany sales of $ 100.5 Geographic Location Data as of and for the Nine Months Ended October 31, 2020 and 2019 (in thousands): Net Sales Operating (Loss)/Income (3)(4)(5) 2020 2019 2020 2019 United States (1) $ 128,785 $ 211,657 $ (140,993 ) $ (19,280 ) International (2) 199,282 298,326 (27,019 ) 55,668 Consolidated total $ 328,067 $ 509,983 $ (168,012 ) $ 36,388 United States and International net sales are net of intercompany sales of $ 172.4 (1) The United States operating loss included $16.3 million and $15.4 million of unallocated corporate expenses for the three months ended October 31, 2020 and 2019, respectively. The United States operating loss included $28.4 million and $28.5 million of unallocated corporate expenses for the nine months ended October 31, 2020 and 2019, respectively. (2) The International operating income included $23.0 million and $24.5 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2020 and 2019, respectively. The International operating (loss)/income included $45.3 million and $52.3 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2020 and 2019, respectively. (3) For the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $0.5 million, $0.9 million, $1.5 million and $3.5 million, respectively, related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, operating income/(loss) included a charge of $0.6 million, $0.7 million, $2.0 million and $2.1 million, respectively, of expenses primarily related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand. (4) For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. related to the impairment of goodwill associated with the (5) For the three months ended October 31, 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $0.6 million and $0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. Total Assets (1) October 31, 2020 January 31, 2020 October 31, 2019 United States $ 300,351 $ 425,018 $ 465,630 International 401,427 422,290 401,425 Consolidated total $ 701,778 $ 847,308 $ 867,055 (1) The decrease in the United States total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million. Property, Plant and Equipment, Net October 31, 2020 January 31, 2020 October 31, 2019 United States $ 15,884 $ 18,852 $ 19,613 International 8,118 10,386 9,662 Consolidated total $ 24,002 $ 29,238 $ 29,275

Impact of the COVID-19 Pandem_2

Impact of the COVID-19 Pandemic - Additional Information (Details) - Covid 19 - USD ($) $ in Millions	3 Months Ended			4 Months Ended
	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Jun. 30, 2020	Mar. 31, 2020
Unusual Or Infrequent Item [Line Items]
Impairment charges related to goodwill			$ 133.7
Impairment charges related to intangible assets			$ 22.2
North America
Unusual Or Infrequent Item [Line Items]
Percentage of workforce furloughing				80.00%
Revolving Credit Facility
Unusual Or Infrequent Item [Line Items]
Line of credit facility additional borrowing capacity					$ 30.9
Repayment of revolving credit facility	$ 10.9	$ 36.8

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Income tax benefit	$ (7,524)	$ (4,955)	$ 26,365	$ (10,543)
Early Adoption of ASU 2019-12
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Income tax benefit			$ 500
ASU 2019-12
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, early adopted	true		true
Change in accounting principle, accounting standards update, adoption date	Feb. 1, 2020		Feb. 1, 2020
Change in accounting principle, accounting standards update, immaterial effect	false		false
ASU 2018-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted	true		true
Change in accounting principle, accounting standards update, immaterial effect	true		true
ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted	true		true
Change in accounting principle, accounting standards update, adoption date	Feb. 1, 2020		Feb. 1, 2020
Change in accounting principle, accounting standards update, immaterial effect	true		true

Earnings Per Share and Cash D_3

Earnings Per Share and Cash Dividends - Schedule of Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Weighted average common shares outstanding:
Basic	23,285	23,117	23,223	23,124
Effect of dilutive securities:
Stock awards and options to purchase shares of common stock	90	133	0	198
Diluted	23,375	23,250	23,223	23,322

Earnings Per Share and Cash D_4

Earnings Per Share and Cash Dividends - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Oct. 31, 2020	Oct. 31, 2019
Earnings Per Share Diluted [Line Items]
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share	889,000			786,000			815,000	352,000
Cash dividend declared and payable	$ 0	$ 0	$ 0	$ 0.20	$ 0.20	$ 0.20		$ 0.60
Dividend paid								$ 13,796
Dividend payable date				Sep. 24, 2019	Jun. 25, 2019	Apr. 24, 2019
Dividend paid				$ 4,600	$ 4,600	$ 4,600	$ 0	$ 13,796
Stock Options
Earnings Per Share Diluted [Line Items]
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share							80,000

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) € in Millions, $ in Millions	Nov. 22, 2019USD ($)	Nov. 22, 2019AUD ($)	Jul. 31, 2019USD ($)	Dec. 03, 2018USD ($)	Dec. 03, 2018EUR (€)	Oct. 01, 2018USD ($)ContingentPayment	Oct. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Jan. 31, 2020USD ($)
Business Acquisition [Line Items]
Goodwill							$ 0	$ 135,280,000	$ 0	$ 135,280,000	$ 136,366,000
Business acquisition, decrease of liability							$ 0	$ 0	$ 0	$ (13,627,000)
MGDL Distribution PTY Limited
Business Acquisition [Line Items]
Business acquisition, net of cash acquired	$ 600,000	$ 0.9
Percentage of ownership control	51.00%	51.00%
City Time Distribucion, S.L.U
Business Acquisition [Line Items]
Business acquisition, net of cash acquired				$ 4,800,000	€ 4.2
Percentage of ownership control				51.00%	51.00%
MVMT Watches, Inc.
Business Acquisition [Line Items]
Business acquisition, net of cash acquired						$ 108,400,000
Business acquisition, date of acquisition						Oct. 1, 2018
Business acquisition, purchase price initial payment before tax benefits						$ 100,000,000
Business acquisition, number of future contingent payments \| ContingentPayment						2
Business acquisition, cash acquired						$ 3,800,000
Goodwill						$ 77,500,000
Amortization of goodwill						15 years
Business acquisition, non-current liability						$ 16,500,000
Business acquisition, non-current liability allocated to purchase price						14,500,000
Business combination, non-current liability allocated to deferred compensation expense						2,000,000
Business acquisition, liability			$ 1,900,000								0
Business acquisition, decrease of liability											$ (16,900,000)
Percentage of fair value in excess of carrying value											33.00%
MVMT Watches, Inc. \| Other Current Assets
Business Acquisition [Line Items]
Business combination, liability allocated to deferred compensation expense			500,000								$ 500,000
MVMT Watches, Inc. \| Other Non-current Assets
Business Acquisition [Line Items]
Business combination, liability allocated to deferred compensation expense			900,000								1,000,000
MVMT Watches, Inc. \| Non-operating Income
Business Acquisition [Line Items]
Business acquisition, decrease of liability			$ 13,600,000								$ (15,400,000)
MVMT Watches, Inc. \| Maximum
Business Acquisition [Line Items]
Business acquisition, additional purchase price future contingent payments before tax benefits						$ 100,000,000

Restructuring Provision - Addit

Restructuring Provision - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Oct. 31, 2020	Oct. 31, 2020
Restructuring Cost And Reserve [Line Items]
Additional severance costs	$ 0.8
Restructuring charges		$ 8.7
Restructuring charges with non-cash use		6.7
Write-off related to non-refundable deposits		1.5
Severance and Employee Related \| Minimum
Restructuring Cost And Reserve [Line Items]
Expected annual savings from restructuring plan		14
Severance and Employee Related \| Maximum
Restructuring Cost And Reserve [Line Items]
Expected annual savings from restructuring plan		$ 16

Restructuring Provision - Summa

Restructuring Provision - Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
		Oct. 31, 2020	Oct. 31, 2020
Restructuring Cost And Reserve [Line Items]
Beginning Balance		$ 11,008	$ 0
Provision		781	15,389
Non-Cash Use		(320)	(2,083)
Cash Payments		(3,876)	(5,713)
Ending Balance		7,593	7,593
Restructuring Plan \| Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance		5,806	0	[1]
Provision		144	7,110	[1]
Non-Cash Use		0	0	[1]
Cash Payments		(2,784)	(3,944)	[1]
Ending Balance	[1]	3,166	3,166
Restructuring Plan \| Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance		89	0	[2]
Provision		631	1,033	[2]
Non-Cash Use		(117)	(315)	[2]
Cash Payments		(536)	(651)	[2]
Ending Balance	[2]	67	67
Corporate Initiative \| Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance		541	0	[1]
Provision		0	936	[1]
Non-Cash Use		0	0	[1]
Cash Payments		(541)	(936)	[1]
Ending Balance	[1]	0	0
Corporate Initiative \| Inventory
Restructuring Cost And Reserve [Line Items]
Beginning Balance		3,460	0	[3]
Provision		0	3,507	[3]
Non-Cash Use		(203)	(250)	[3]
Cash Payments		0	0	[3]
Ending Balance	[3]	3,257	3,257
Corporate Initiative \| Accounts Receivable
Restructuring Cost And Reserve [Line Items]
Beginning Balance		1,075	0	[4]
Provision		0	1,075	[4]
Non-Cash Use		0	0	[4]
Cash Payments		0	0	[4]
Ending Balance	[4]	1,075	1,075
Corporate Initiative \| Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance		37	0	[2]
Provision		6	1,728	[2]
Non-Cash Use		0	(1,518)	[2]
Cash Payments		(15)	(182)	[2]
Ending Balance	[2]	$ 28	$ 28

[1]	$2.8 million included in Accrued payroll and benefits and $0.4 million included in Capital in excess of par value.
[2]	Balance included in Accrued liabilities.
[3]	Reserve included in Inventories.
[4]	Reserve included in Trade receivables, net.

Restructuring Provision - Sum_2

Restructuring Provision - Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan (Parenthetical) (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	$ 12,693	$ 6,302	$ 9,353
Capital in excess of par value	212,730	$ 208,473	$ 206,725
Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	2,800
Capital in excess of par value	$ 400

Restructuring Provision - Sum_3

Restructuring Provision - Summary of Corporate Initiative Costs by Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 31, 2020	Oct. 31, 2020
Restructuring Cost And Reserve [Line Items]
Provision	$ 781	$ 15,389
Cost of Sales
Restructuring Cost And Reserve [Line Items]
Provision	43	3,551
Selling, General and Administrative
Restructuring Cost And Reserve [Line Items]
Provision	738	11,838
Watch and Accessory Brands
Restructuring Cost And Reserve [Line Items]
Provision	781	15,389
Watch and Accessory Brands \| United States
Restructuring Cost And Reserve [Line Items]
Provision	594	11,929
Watch and Accessory Brands \| International
Restructuring Cost And Reserve [Line Items]
Provision	187	3,460
Company Stores
Restructuring Cost And Reserve [Line Items]
Provision	$ 0	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended			9 Months Ended
	Oct. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020	Oct. 01, 2018
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges				$ 22,165,000
Long-lived intangible assets	$ 17,123,000			17,123,000		$ 42,359,000
Goodwill	0		$ 135,280,000	0	$ 135,280,000	136,366,000
Amortization expense for intangible assets	900,000		$ 1,500,000	2,961,000	$ 4,600,000
Watch and Accessory Brands
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges		$ 22,200,000
Impairment charges related to goodwill		133,700,000		133,700,000
Company Stores
Schedule Of Goodwill And Intangible Assets [Line Items]
Goodwill	0			0
Trade Names
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges				18,595,000
Long-lived intangible assets	10,769,000			10,769,000		31,075,000
Amortization expense for intangible assets				1,487,000
Customer Relationships
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges				3,570,000
Long-lived intangible assets	$ 5,310,000			5,310,000		$ 10,154,000
Amortization expense for intangible assets				$ 1,242,000
MVMT Watches, Inc.
Schedule Of Goodwill And Intangible Assets [Line Items]
Goodwill							$ 77,500,000
MVMT Watches, Inc. \| Trade Names
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets		2,400,000
MVMT Watches, Inc. \| Customer Relationships
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets		$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Other Intangible Assets (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Acquired Finite Lived Intangible Assets [Line Items]
Balance at January 31, 2020				$ 42,359
Impairment				(22,165)
Additions				118
Amortization		$ (900)	$ (1,500)	(2,961)	$ (4,600)
Foreign exchange impact				(228)
Balance at October 31, 2020		17,123		$ 17,123
Trade Names
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)				10 years
Balance at January 31, 2020				$ 31,075
Impairment				(18,595)
Additions				0
Amortization				(1,487)
Foreign exchange impact				(224)
Balance at October 31, 2020		10,769		$ 10,769
Customer Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)				7 years
Balance at January 31, 2020				$ 10,154
Impairment				(3,570)
Additions				0
Amortization				(1,242)
Foreign exchange impact				(32)
Balance at October 31, 2020		5,310		$ 5,310
Other
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)	[1]			9 years
Balance at January 31, 2020	[1]			$ 1,130
Impairment	[1]			0
Additions	[1]			118
Amortization	[1]			(232)
Foreign exchange impact	[1]			28
Balance at October 31, 2020	[1]	$ 1,044		$ 1,044

[1]	Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand.

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019
Inventory Net [Abstract]
Finished goods	$ 130,515	$ 125,603	$ 154,758
Component parts	42,438	41,708	42,976
Work-in-process	3,888	4,095	3,430
Inventories	$ 176,841	$ 171,406	$ 201,164

Debt and Lines of Credit - Addi

Debt and Lines of Credit - Additional Information (Details)	Oct. 12, 2018USD ($)	Jul. 31, 2021USD ($)	Oct. 31, 2020USD ($)BankSubsidiary	Apr. 30, 2020	Oct. 31, 2019USD ($)BankSubsidiary	Oct. 31, 2020USD ($)BankSubsidiary	Oct. 31, 2019USD ($)BankSubsidiary	Oct. 31, 2020CHF (SFr)BankSubsidiary	Oct. 31, 2019CHF (SFr)BankSubsidiary
Debt Instrument [Line Items]
Maximum consolidated leverage ratio				2.50
Cash paid for interest						$ 1,300,000	$ 500,000
LIBOR \| Minimum
Debt Instrument [Line Items]
Applicable margin rate				0.00%
Second Amendment
Debt Instrument [Line Items]
Maximum consolidated leverage ratio				2.75
Second Amendment \| Forecast
Debt Instrument [Line Items]
Maximum consolidated leverage ratio		2.50
Minimum liquidity covenant amount		$ 100,000,000
Line of credit facility, unutilized commitment fee percentage		0.45%
Second Amendment \| Forecast \| Minimum
Debt Instrument [Line Items]
Amended EBITDA		$ 35,000,000
Second Amendment \| Forecast \| LIBOR
Debt Instrument [Line Items]
Applicable margin rate		2.75%
Second Amendment \| Forecast \| LIBOR \| Minimum
Debt Instrument [Line Items]
Applicable margin rate		1.00%
Unsecured Debt \| Swiss subsidiary
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 7,100,000		$ 6,600,000	7,100,000	6,600,000	SFr 6,500,000	SFr 6,500,000
Outstanding borrowing amount			0		0	0	0
Revolving Credit Facility \| Secured Debt \| Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 100,000,000
Uncommitted increase to borrowing capacity	$ 50,000,000
Credit facility matures date	Oct. 12, 2023
Loan drawn under the facility			27,300,000		50,700,000	27,300,000	50,700,000	SFr 25,000,000	SFr 50,000,000
Additional loans payable to bank			10,000,000			10,000,000
Line of credit facility remaining borrowing capacity			62,400,000		49,000,000	62,400,000	49,000,000
Weighted average borrowings amount			$ 44,500,000		$ 50,600,000	$ 60,500,000	$ 50,200,000
Weighted average interest rate			3.75%		1.00%	2.37%	1.00%
Letter of Credit
Debt Instrument [Line Items]
Credit facility matures date						Jun. 1, 2021
Outstanding borrowing amount			$ 300,000		$ 300,000	$ 300,000	$ 300,000
Letter of Credit \| Secured Debt \| Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 15,000,000
Letter of Credit \| Unsecured Debt \| Swiss subsidiary
Debt Instrument [Line Items]
Number of European banks guaranteed obligations to third parties \| Bank			2		2	2	2	2	2
Number of foreign subsidiaries under guaranteed obligation \| Subsidiary			2		2	2	2	2	2
Guaranteed obligations to third parties			$ 1,300,000		$ 1,200,000	$ 1,300,000	$ 1,200,000
Restricted deposit relates to lease agreement			$ 600,000		$ 600,000	$ 600,000	$ 600,000
Swingline \| Secured Debt \| Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	25,000,000
Swiss Borrowers \| Secured Debt \| Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 75,000,000

Derivative Financial Instrume_2

Derivative Financial Instruments - Additional Information (Details) - Oct. 31, 2020	USD ($)	EUR (€)	CHF (SFr)	CNY (¥)	GBP (£)
Derivatives Fair Value [Line Items]
Cash flow hedges	$ 0
Foreign Exchange Forward
Derivatives Fair Value [Line Items]
Net forward contracts hedging portfolio	$ 20,000,000	€ 24,000,000	SFr 6,000,000	¥ 21,600,000	£ 5,600,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019
Assets:
Total assets measured at fair value	$ 68,565	$ 71,158	$ 78,053
Liabilities:
Total liabilities measured at fair value	42,052	45,264	45,050
Level 1
Assets:
Total assets measured at fair value	43,359	46,584	44,662
Liabilities:
Total liabilities measured at fair value	42,040	45,264	43,049
Level 2
Assets:
Total assets measured at fair value	0	347	79
Liabilities:
Total liabilities measured at fair value	12	0	83
Level 3
Assets:
Total assets measured at fair value	25,206	24,227	33,312
Liabilities:
Total liabilities measured at fair value	0	0	1,918
Other Current Assets \| Available-for-sale securities
Assets:
Total assets measured at fair value	143	184	177
Other Current Assets \| Short-term investment
Assets:
Total assets measured at fair value	156	156	156
Other Current Assets \| Hedge derivatives-Assets
Assets:
Total assets measured at fair value		347	79
Other Current Assets \| Level 1 \| Available-for-sale securities
Assets:
Total assets measured at fair value	143	184	177
Other Current Assets \| Level 1 \| Short-term investment
Assets:
Total assets measured at fair value	156	156	156
Other Current Assets \| Level 1 \| Hedge derivatives-Assets
Assets:
Total assets measured at fair value		0	0
Other Current Assets \| Level 2 \| Available-for-sale securities
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets \| Level 2 \| Short-term investment
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets \| Level 2 \| Hedge derivatives-Assets
Assets:
Total assets measured at fair value		347	79
Other Current Assets \| Level 3 \| Available-for-sale securities
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets \| Level 3 \| Short-term investment
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets \| Level 3 \| Hedge derivatives-Assets
Assets:
Total assets measured at fair value		0	0
Other Non-current Assets \| SERP assets - employer
Assets:
Total assets measured at fair value	1,020	988	1,280
Other Non-current Assets \| SERP assets - employee
Assets:
Total assets measured at fair value	42,040	45,256	43,049
Other Non-current Assets \| Level 1 \| SERP assets - employer
Assets:
Total assets measured at fair value	1,020	988	1,280
Other Non-current Assets \| Level 1 \| SERP assets - employee
Assets:
Total assets measured at fair value	42,040	45,256	43,049
Other Non-current Assets \| Level 2 \| SERP assets - employer
Assets:
Total assets measured at fair value	0	0	0
Other Non-current Assets \| Level 2 \| SERP assets - employee
Assets:
Total assets measured at fair value	0	0	0
Other Non-current Assets \| Level 3 \| SERP assets - employer
Assets:
Total assets measured at fair value	0	0	0
Other Non-current Assets \| Level 3 \| SERP assets - employee
Assets:
Total assets measured at fair value	0	0	0
Other non-current liabilities \| SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	42,040	45,264	43,049
Other non-current liabilities \| Contingent Consideration
Liabilities:
Total liabilities measured at fair value			1,918
Other non-current liabilities \| Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	25,206	24,227	33,312
Other non-current liabilities \| Level 1 \| SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	42,040	45,264	43,049
Other non-current liabilities \| Level 1 \| Contingent Consideration
Liabilities:
Total liabilities measured at fair value			0
Other non-current liabilities \| Level 1 \| Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	0	0	0
Other non-current liabilities \| Level 2 \| SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	0	0	0
Other non-current liabilities \| Level 2 \| Contingent Consideration
Liabilities:
Total liabilities measured at fair value			0
Other non-current liabilities \| Level 2 \| Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	0	0	0
Other non-current liabilities \| Level 3 \| SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	0	0	0
Other non-current liabilities \| Level 3 \| Contingent Consideration
Liabilities:
Total liabilities measured at fair value			1,918
Other non-current liabilities \| Level 3 \| Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	25,206	$ 24,227	33,312
Accrued Liabilities \| Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	12		83
Accrued Liabilities \| Level 1 \| Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	0		0
Accrued Liabilities \| Level 2 \| Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	12		83
Accrued Liabilities \| Level 3 \| Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	$ 0		$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	Jul. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Business acquisition, decrease of liability		$ 0	$ 0	$ 0	$ (13,627,000)
Transfers into level 1 to level 2, assets		0		0
Transfers into level 2 to level 1, assets		0		0
Transfers into level 1 to level 2, liabilities		0		0
Transfers into level 2 to level 1, liabilities		$ 0		0
Transfers into level 3, assets				0
Transfers out of level 3, assets				0
Transfers into level 3, liabilities				0
Transfers out of level 3, liabilities				$ 0
MVMT Watches, Inc.
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Business acquisition, liability	$ 1,900,000					$ 0
Business acquisition, decrease of liability						(16,900,000)
MVMT Watches, Inc. \| Other Current Assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Business combination, liability allocated to deferred compensation expense	500,000					500,000
MVMT Watches, Inc. \| Other Non-current Assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Business combination, liability allocated to deferred compensation expense	900,000					1,000,000
MVMT Watches, Inc. \| Non-operating Income
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Business acquisition, decrease of liability	$ 13,600,000					$ (15,400,000)
Short-term investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Fair value, investment				The fair value of the short-term investment, which is a guaranteed investment certificate, is based on its purchase price plus one half of a percent calculated annually

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Change in Level 3 Contingent Purchase Price Liability (Details) - Level 3 - Contingent Purchase Price Liability - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 31, 2019	Oct. 31, 2019
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Beginning Balance	$ 1,900	$ 16,718
Payments	0	0
Adjustments included in income before income taxes	18	(13,443)
Adjustments to deferred compensation	0	(1,357)
Ending Balance	$ 1,918	$ 1,918

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Oct. 01, 2018USD ($)ContingentPayment	Dec. 31, 2016USD ($)	Oct. 31, 2020USD ($)	Jan. 31, 2020USD ($)	Jul. 31, 2019USD ($)
Loss Contingencies [Line Items]
Tax cuts and jobs act, deemed repatriation tax			$ 28,200,000
Payment of deemed repatriation tax installments period			8 years
Underpaid duty charges due to alternative duty methodology		$ 5,100,000
Underpaid duty methodology period covered by statute of limitation		5 years
MVMT Watches, Inc.
Loss Contingencies [Line Items]
Business acquisition, number of future contingent payments \| ContingentPayment	2
Business acquisition, liability				$ 0	$ 1,900,000
MVMT Watches, Inc. \| Maximum
Loss Contingencies [Line Items]
Business acquisition, additional purchase price future contingent payments before tax benefits	$ 100,000,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	Mar. 27, 2020	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Dec. 31, 2017
Income Tax Contingency [Line Items]
Corporate income tax rate		21.00%	21.00%	21.00%	21.00%	35.00%
Income tax provision (benefit)		$ 7,524,000	$ 4,955,000	$ (26,365,000)	$ 10,543,000
Effective tax rate for continuing operations		33.50%	22.10%	15.70%	21.30%
Income tax benefit from foreign operations			$ 0		$ 0
Deferred tax liability, undistributed foreign earnings		$ 0		$ 0
Undistributed foreign earnings		$ 211,100,000		211,100,000
Early Adoption of ASU 2019-12
Income Tax Contingency [Line Items]
Income tax provision (benefit)				$ (500,000)
CARES Act
Income Tax Contingency [Line Items]
Net operating losses carryback period	5 years
Net operating losses carryback percentage to offset taxable income	100.00%

Equity - Components of Equity (

Equity - Components of Equity (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020		Oct. 31, 2019
Beginning Balance				$ 527,244		$ 496,655
Beginning Balance				3,165
Net income/(loss) attributable to Movado Group, Inc.				(141,212)		39,195
Dividends						(13,796)
Stock repurchase						(4,199)
Stock options exercised				(497)		(1,249)
Supplemental executive retirement plan				69		99
Stock-based compensation expense				4,190	[1]	4,658
Net unrealized loss on investments, net of tax (benefit) provision				(31)
Amortization of prior service cost, net of tax provision		$ 14	$ 13	42		39
Foreign currency translation adjustment	[2]			853		(721)
Ending Balance		390,658	520,681	390,658		520,681
Ending Balance		2,772	3,263	2,772		3,263
Common Stock Class Undefined
Beginning Balance	[3]			279		277
Stock options exercised	[3]			2		2
Ending Balance	[3]	281	279	281		279
Class A Common Stock
Beginning Balance	[4]			65		65
Ending Balance	[4]	65	65	65		65
Capital in Excess of Par Value
Beginning Balance				208,473		201,814
Stock options exercised				(2)		154
Supplemental executive retirement plan				69		99
Stock-based compensation expense				4,190	[1]	4,658
Ending Balance		212,730	206,725	212,730		206,725
Retained Earnings
Beginning Balance				455,479		431,180
Net income/(loss) attributable to Movado Group, Inc.				(141,783)		39,195
Dividends						(13,796)
Ending Balance		313,696	456,579	313,696		456,579
Accumulated Other Comprehensive Income
Beginning Balance				85,050		80,507
Net unrealized loss on investments, net of tax (benefit) provision				(31)
Amortization of prior service cost, net of tax provision				42		39
Foreign currency translation adjustment	[2]			818		(721)
Ending Balance		85,879	79,825	85,879		79,825
Treasury Stock
Beginning Balance				(222,809)		(217,188)
Stock repurchase						(4,199)
Stock options exercised				(497)		(1,405)
Ending Balance		(223,306)	(222,792)	(223,306)		(222,792)
Noncontrolling Interest
Beginning Balance				707
Net income/(loss) attributable to Movado Group, Inc.				571
Foreign currency translation adjustment	[2]			35
Ending Balance		1,313		1,313
Redeemable Noncontrolling Interest
Beginning Balance				3,165		3,721
Net income/(loss) attributable to Movado Group, Inc.				(556)		(349)
Foreign currency translation adjustment	[2]			163		(109)
Ending Balance		$ 2,772	$ 3,263	$ 2,772		$ 3,263

[1]	Includes $0.4 million related to the Restructuring Plan of the corporate initiatives.
[2]	The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.
[3]	Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
[4]	Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation, as amended. The class A common stock is not publicly traded, and consequently, there is currently no established public trading market for these shares.

Equity Components of Equity (Pa

Equity Components of Equity (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Oct. 31, 2020		Oct. 31, 2019
Dividends per share	$ 0	$ 0	$ 0	$ 0.20	$ 0.20	$ 0.20			$ 0.60
Net unrealized gain (loss) on investments, tax provision/(benefit)	$ 1			$ (3)			$ (10)		$ 0
Amortization of prior service cost, tax provision	$ 4			$ 4			12		11
Stock-based compensation expense							4,190	[1]	$ 4,658
Corporate Initiatives
Stock-based compensation expense							$ 400
Common Stock Class Undefined
Common Stock, Voting Rights							Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
Class A Common Stock
Common Stock, Voting Rights							Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
Common stock, Conversion basis							Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation, as amended.

[1]	Includes $0.4 million related to the Restructuring Plan of the corporate initiatives.

Treasury Stock - Additional Inf

Treasury Stock - Additional Information (Details) - USD ($)	Aug. 29, 2017	Oct. 31, 2020	Oct. 31, 2019
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, total cost of shares repurchased			$ 4,199,000
Existing Share Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized	$ 50,000,000
Stock repurchase program, total cost of shares repurchased			$ 4,200,000
Stock repurchase program expiration date	Aug. 29, 2020
Stock repurchase program, number of shares repurchased		0	131,402
Stock repurchase program, average per share price of shares repurchased			$ 31.96
Surrender of Shares by Employee
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased		49,283	42,731

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Component of Accumulated Other Comprehensive Income (loss) (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019
Accumulated Other Comprehensive Income Loss [Line Items]
Foreign currency translation adjustments	$ 86,163	$ 85,345	$ 80,087
Available-for-sale securities	93	124	119
Total accumulated other comprehensive income	85,879	85,050	79,825
Unrecognized Prior Service Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	(325)	(367)	(381)
Net Actuarial Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	$ (52)	$ (52)	$ 0

Revenue - Summary of Net Sales

Revenue - Summary of Net Sales Disaggregated by Customer Type (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Disaggregation Of Revenue [Line Items]
Net sales	$ 169,863	$ 205,618	$ 328,067	$ 509,983
Wholesale
Disaggregation Of Revenue [Line Items]
Net sales	135,605	168,558	248,977	402,855
Direct to consumer
Disaggregation Of Revenue [Line Items]
Net sales	33,508	36,059	77,500	104,149
After-sales service
Disaggregation Of Revenue [Line Items]
Net sales	$ 750	$ 1,001	$ 1,590	$ 2,979

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($)	Apr. 04, 2013	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options granted		0	0	200,000	0
Compensation expense		$ 100,000	$ 100,000	$ 200,000	$ 400,000
Unrecognized compensation cost related to unvested stock options		600,000		600,000
Cash received for stock option exercises		0	0	0	200,000
Stock options exercised				0
Stock Award Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense		1,000,000	$ 1,400,000	4,000,000	$ 4,200,000
Unrecognized compensation cost		$ 3,300,000		3,300,000
Fair value of stock award units vested				5,500,000
Stock Award Units \| Corporate Initiatives
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense				$ 400,000
Performance-Based Stock Awards \| Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares issued percentage of target number of underlying stock award units				0.00%
Performance-Based Stock Awards \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares issued percentage of target number of underlying stock award units				150.00%
Employee Stock Option Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of common stock shares	11,000,000
Options granted to participants exercisable period	3 years
Stock awards cliff-vested period	3 years

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Weighted Average Assumptions Used for Calculation of Fair Value of Stock Options Granted (Details)	9 Months Ended
	Oct. 31, 2020$ / shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Expected volatility	50.79%
Expected life in years	6 years
Risk-free interest rates	0.34%
Dividend rate	4.29%
Weighted average fair value per option at date of grant	$ 3.87

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Schedule of stock options activity
Outstanding Option Beginning Balance			561,110
Stock options granted	0	0	200,000	0
Exercised			0
Cancelled			0
Outstanding Option Ending Balance	761,110		761,110		561,110
Exercisable	561,110		561,110		399,905
Expected to vest	172,959		172,959
Weighted Average Exercise Price per Option, Beginning Balance			$ 28.41
Granted, Weighted Average Exercise Price per Option			12.42
Exercised. Weighted Average Exercise Price per Option			0
Cancelled, Weighted Average Exercise Price per Option			0
Weighted Average Exercise Price per Option, Ending Balance	$ 24.21		24.21		$ 28.41
Exercisable, Weighted Average Exercise Price per Option	28.41		28.41
Expected to vest, Weighted Average Exercise Price per Option	$ 12.42		12.42
Option Price Per Share, Granted			12.42
Option Price Per Share, Exercised			$ 0
Options outstanding, Weighted Average Remaining Contractual Term (years)			5 years 9 months 18 days		5 years 2 months 12 days
Exercisable, Weighted Average Remaining Contractual Term (years)			4 years 4 months 24 days
Expected to vest, Weighted Average Remaining Contractual Term (years)			9 years 7 months 6 days
Options outstanding, Aggregate Intrinsic Value	$ 0		$ 0		$ 0
Exercisable, Aggregate Intrinsic Value	0		0
Expected to vest, Aggregate Intrinsic Value	$ 0		$ 0
Minimum
Schedule of stock options activity
Option Price Per Share, Beginning Balance			$ 23.35
Option Price Per Share, Ending Balance	$ 12.42		12.42		$ 23.35
Maximum
Schedule of stock options activity
Option Price Per Share, Beginning Balance			42.12
Option Price Per Share, Ending Balance	$ 42.12		$ 42.12		$ 42.12

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Stock Options Activity (Parenthetical) (Details) - shares	Oct. 31, 2020	Jan. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Exercisable	561,110	399,905

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Awards Activity (Details) - Stock Award Units - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Oct. 31, 2020	Jan. 31, 2020
Number of Stock Award Units
Stock Award Units, Beginning Balance	490,239
Units granted	89,289
Units vested	(212,070)
Units forfeited	(31,084)
Stock Award Units, Ending Balance	336,374	490,239
Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Beginning Balance	$ 33.50
Units granted, Weighted Average Grant Date Fair Value	10.02
Units vested, Weighted Average Grant Date Fair Value	26.05
Units forfeited, Weighted Average Grant Date Fair Value	31.11
Weighted Average Grant Date Fair Value Ending Balance	$ 32.19	$ 33.50
Weighted-Average Remaining Contractual Term (years)
Units outstanding, Weighted-Average Remaining Contractual Term (years)	10 months 24 days	1 year 4 months 24 days
Aggregate Intrinsic Value
Units outstanding, Aggregate Intrinsic Value	$ 3,670	$ 8,442

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Oct. 31, 2020USD ($)SegmentLocation	Oct. 31, 2019USD ($)
Segment Reporting Information [Line Items]
Number of operating segments \| Segment			2
Number of geographic locations \| Location			2
Net sales	$ 169,863	$ 205,618	$ 328,067	$ 509,983
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales	$ 100,500	$ 111,000	$ 172,400	$ 280,000
Geographic Concentration Risk \| Europe \| Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	41.90%	36.20%	40.40%	34.30%
Geographic Concentration Risk \| Middle East \| Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	6.60%	6.60%	7.30%	8.10%
Geographic Concentration Risk \| Asia \| Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	6.40%	6.20%	7.00%	6.70%
Geographic Concentration Risk \| Americas (excluding the United States) \| Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	6.50%	7.80%	6.00%	8.60%

Segment and Geographic Inform_4

Segment and Geographic Information - Operating Segment Data (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020		Oct. 31, 2019		Jan. 31, 2020
Operating segment data
Net sales		$ 169,863	$ 205,618	$ 328,067		$ 509,983
Operating (Loss)/Income	[1],[2]	23,067	22,638	(168,012)	[3]	36,388	[3]
Total Assets	[4],[5]	701,778	867,055	701,778		867,055		$ 847,308
Watch and Accessory Brands
Operating segment data
Net sales		152,108	185,605	293,583		453,906
Operating (Loss)/Income	[2]	19,810	20,206	(169,756)	[1],[3]	28,999	[1],[3]
Total Assets	[5]	640,652	799,887	640,652		799,887		782,339
Watch and Accessory Brands \| Owned brands category
Operating segment data
Net sales		55,774	76,120	112,757		184,729
Watch and Accessory Brands \| Licensed brands category
Operating segment data
Net sales		95,576	108,336	177,674		258,617
Watch and Accessory Brands \| After-sales service and all other
Operating segment data
Net sales		758	1,149	3,152		10,560
Company Stores
Operating segment data
Net sales		17,755	20,013	34,484		56,077
Operating (Loss)/Income	[2]	3,257	2,432	1,744	[1],[3]	7,389	[1],[3]
Total Assets	[5]	$ 61,126	$ 67,168	$ 61,126		$ 67,168		$ 64,969

[1]	For the three months ended October 31, 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $0.6 million and $0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2]	For the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $0.5 million, $0.9 million, $1.5 million and $3.5 million, respectively, related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, operating income/(loss) included a charge of $0.6 million, $0.7 million, $2.0 million and $2.1 million, respectively, of expenses primarily related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. related to the impairment of goodwill associated with the
[4]	The decrease in the United States total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million.
[5]	The decrease in total assets of the Watch and Accessory Brands segment at October 31, 2020 from January 31, 2020 is due primarily to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets.

Segment and Geographic Inform_5

Segment and Geographic Information - Operating Segment Data (Parenthetical) (Details) - Watch and Accessory Brands - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Apr. 30, 2020	Oct. 31, 2020
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill	$ 133.7	$ 133.7
Impairment charges related to intangible assets		$ 22.2

Segment and Geographic Inform_6

Segment and Geographic Information - Geographic Location Data (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2020		Oct. 31, 2019		Jan. 31, 2020
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales		$ 169,863	$ 205,618	$ 328,067		$ 509,983
Operating (Loss)/Income	[1],[2]	23,067	22,638	(168,012)	[3]	36,388	[3]
Total Assets	[4],[5]	701,778	867,055	701,778		867,055		$ 847,308
Property, Plant and Equipment, Net		24,002	29,275	24,002		29,275		29,238
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[6]	65,485	85,634	128,785		211,657
Operating (Loss)/Income	[1],[2],[6]	(6,684)	(7,077)	(140,993)	[3]	(19,280)	[3]
Total Assets	[4]	300,351	465,630	300,351		465,630		425,018
Property, Plant and Equipment, Net		15,884	19,613	15,884		19,613		18,852
International
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[7]	104,378	119,984	199,282		298,326
Operating (Loss)/Income	[1],[2],[7]	29,751	29,715	(27,019)	[3]	55,668	[3]
Total Assets	[4]	401,427	401,425	401,427		401,425		422,290
Property, Plant and Equipment, Net		$ 8,118	$ 9,662	$ 8,118		$ 9,662		$ 10,386

[1]	For the three months ended October 31, 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $0.6 million and $0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2]	For the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $0.5 million, $0.9 million, $1.5 million and $3.5 million, respectively, related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2020 and 2019, and for the nine months ended October 31, 2020 and 2019, operating income/(loss) included a charge of $0.6 million, $0.7 million, $2.0 million and $2.1 million, respectively, of expenses primarily related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. related to the impairment of goodwill associated with the
[4]	The decrease in the United States total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at October 31, 2020 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million.
[5]	The decrease in total assets of the Watch and Accessory Brands segment at October 31, 2020 from January 31, 2020 is due primarily to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets.
[6]	The United States operating loss included $16.3 million and $15.4 million of unallocated corporate expenses for the three months ended October 31, 2020 and 2019, respectively. The United States operating loss included $28.4 million and $28.5 million of unallocated corporate expenses for the nine months ended October 31, 2020 and 2019, respectively.
[7]	The International operating income included $23.0 million and $24.5 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2020 and 2019, respectively. The International operating (loss)/income included $45.3 million and $52.3 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2020 and 2019, respectively.

Segment and Geographic Inform_7

Segment and Geographic Information - Geographic Location Data (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Oct. 31, 2020	Oct. 31, 2019
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets	$ 900		$ 1,500	$ 2,961	$ 4,600
Charge related to the impairment of goodwill and intangible assets	0		0	155,919	0
Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill		$ 133,700		133,700
Impairment charges related to intangible assets				22,200
United States
Segment Reporting Information [Line Items]
Unallocated corporate expenses	16,300		15,400	28,400	28,500
Charge related to the impairment of goodwill				77,500
Impairment charges related to intangible assets				22,200
United States \| Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives	600			11,900
United States \| Watch and Accessory Brands \| MVMT Watches, Inc.
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets	500		900	1,500	3,500
Charge related to the impairment of goodwill and intangible assets				99,700
International
Segment Reporting Information [Line Items]
Profits related to the company's supply chain operations	23,000		24,500	45,300	52,300
Charge related to the impairment of goodwill				56,200
International \| Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives	200			3,500
International \| Watch and Accessory Brands \| JLB Brands Ltd
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets	$ 600		$ 700	2,000	$ 2,100
International \| Watch and Accessory Brands \| Olivia Burton Band and City Time Joint Venture
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill				$ 56,200