Movado (MOV) 10-K 25 Mar 21 2021 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2021	Mar. 22, 2021	Jul. 31, 2020
Document Type	10-K
Amendment Flag	false
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Period End Date	Jan. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Registrant Name	MOVADO GROUP, INC.
Entity Central Index Key	0000072573
Current Fiscal Year End Date	--01-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
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 Annual Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	NY
Entity Interactive Data Current	Yes
Entity Voluntary Filers	No
Entity Public Float			$ 153
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	MOV
Security Exchange Name	NYSE
Documents Incorporated by Reference	Portions of the definitive proxy statement relating to registrant’s 2021 annual meeting of shareholders (the “Proxy Statement”) are incorporated by reference in Part III hereof.
Common Stock Class Undefined
Entity Common Stock, Shares Outstanding		16,607,759
Class A Common Stock
Entity Common Stock, Shares Outstanding		6,610,509

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jan. 31, 2021		Jan. 31, 2020
Current assets:
Cash and cash equivalents		$ 223,811		$ 185,872
Trade receivables, net		76,931		78,388
Inventories		152,580		171,406
Other current assets		23,479		27,000
Income taxes receivable		24,850		1,888
Total current assets		501,651		464,554
Property, plant and equipment, net		22,349		29,238
Operating lease right-of-use assets		76,070		89,523
Deferred and non-current income taxes		42,507		25,403
Goodwill		0		136,366
Other intangibles, net		17,081		42,359
Other non-current assets		59,599		59,865
Total assets		719,257	[1],[2]	847,308
Current liabilities:
Accounts payable		28,187		35,488
Accrued liabilities		51,124		44,210
Accrued payroll and benefits		18,047		6,302
Current operating lease liabilities		15,861		15,083
Income taxes payable		14,452		8,217
Total current liabilities		127,671		109,300
Loans payable to bank		21,230		51,910
Deferred and non-current income taxes payable		21,895		25,419
Non-current operating lease liabilities		68,412		81,877
Other non-current liabilities		50,115		48,393
Total liabilities		289,323		316,899
Commitments and contingencies (Note 12)		0		0
Redeemable noncontrolling interest		2,600		3,165
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued		0		0
Capital in excess of par value		214,043		208,473
Retained earnings		341,641		455,479
Accumulated other comprehensive income		92,540		85,050
Treasury Stock, 11,492,591 and 11,443,308 shares, respectively, at cost		(223,306)		(222,809)
Total Movado Group, Inc. shareholders' equity		425,264		526,537
Noncontrolling interest		2,070		707
Total equity		427,334		527,244
Total liabilities, redeemable noncontrolling interest and equity		719,257		847,308
Common Stock Class Undefined
Equity:
Common Stock		281		279
Total equity	[3]	281		279
Class A Common Stock
Equity:
Common Stock		65		65
Total equity	[4]	$ 65		$ 65
[1]	The decrease in t otal assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to
[2]	The decrease in the United States total assets at January 31, 2021 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 January 31, 2021 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million (see Note 6 – Goodwill and 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 (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - $ / shares	Jan. 31, 2021	Jan. 31, 2020
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred Stock, shares authorized	5,000,000	5,000,000
Preferred Stock, shares issued	0	0
Treasury Stock, shares	11,492,591	11,443,308
Common Stock Class Undefined
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	28,078,241	27,859,328
Common Stock, shares outstanding	28,078,241	27,859,328
Class A Common Stock
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	30,000,000	30,000,000
Common Stock, shares issued	6,610,509	6,603,645
Common Stock, shares outstanding	6,610,509	6,603,645

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Income Statement [Abstract]
Net sales	[1]	$ 506,397	$ 700,966	$ 679,567
Cost of sales		235,898	326,077	310,209
Gross profit		270,499	374,889	369,358
Selling, general and administrative		256,707	331,898	307,161
Impairment of goodwill and intangible assets (Note 6)		155,919	0	0
Total operating expenses		412,626	331,898	307,161
Operating (loss)/income	[2],[3],[4],[5],[6],[7],[8]	(142,127)	42,991	62,197
Non-operating income/(expense):
Gain on sale of a non-operating asset		1,317	0	0
Other income (Note 19)		342	0	0
Change in contingent consideration (Note 11)		0	15,356	0
Interest expense		(1,959)	(930)	(771)
Interest income		45	86	307
(Loss)/income before income taxes		(142,382)	57,503	61,733
(Benefit)/provision for income taxes (Note 14)		(31,188)	15,124	162
Net (loss)/income		(111,194)	42,379	61,571
Less: Net income/(loss) attributable to noncontrolling interest		324	(320)	(53)
Net (loss)/income attributable to Movado Group, Inc.		$ (111,518)	$ 42,699	$ 61,624
Basic (loss)/income per share:
Weighted basic average shares outstanding		23,239	23,123	23,197
Net (loss)/income per share attributable to Movado Group, Inc.		$ (4.80)	$ 1.85	$ 2.66
Diluted (loss)/income per share:
Weighted diluted average shares outstanding		23,239	23,297	23,600
Net (loss)/income per share attributable to Movado Group, Inc.		$ (4.80)	$ 1.83	$ 2.61
[1]	The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[2]	Fiscal 2020 and 2019 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $0.3 million for both periods due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives.
[3]	Fiscal 2021 and 2020 operating loss in the United States locations of the Watch and Accessory Brands segment included $1.6 million and $4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. In the United States locations of the Watch and Accessory Brands segment for fiscal 2019 operating loss included $14.4 million of expenses primarily related to transaction
[4]	Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $8.0 million and $4.6 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.
[5]	Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.
[6]	Fiscal 2021, 2020 and 2019 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $2.7 million, $2.8 million and $2.9 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.
[7]	The International operating (loss)/income included $63.0 million, $73.3 million and $53.8 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[8]	The United States operating loss included $29.1 million, $29.0 million and $43.5 million of unallocated corporate expenses for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net (loss)/income	$ (111,194)	$ 42,379	$ 61,571
Other comprehensive income/(loss):
Net unrealized gain/(loss) on investments, net of tax provision/(benefit) of $0, $2 and ($14), respectively	0	5	(72)
Net change in effective portion of hedging contracts, net of tax provision of $7	0	0	38
Prior service cost arising during the period, net of tax benefit of ($118)	0	0	(425)
Amortization of prior service cost, net of tax provision of $6, $15 and $1, respectively	23	53	5
Net actuarial loss arising during period, net of tax benefit of ($98) and ($15), respectively	(354)	(52)	0
Foreign currency translation adjustments	7,821	4,537	(19,382)
Total other comprehensive income/(loss), net of taxes	7,490	4,543	(19,836)
Comprehensive income/(loss) attributable to noncontrolling interests:
Less: Net income/(loss) attributable to noncontrolling interest	324	(320)	(53)
Foreign currency translation adjustments	474	(143)	26
Total comprehensive income/(loss) attributable to noncontrolling interests	798	(463)	(27)
Total comprehensive (loss)/income attributable to Movado Group, Inc.	$ (104,502)	$ 47,385	$ 41,762

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (PARENTHETICAL) $ in Thousands	12 Months Ended
	Jan. 31, 2019USD ($)
Statement Of Income And Comprehensive Income [Abstract]
Net unrealized gain (loss) on investments, tax provision/(benefit)	$ (14)
Net change in effective portion of hedging contracts, tax provision/(benefit)	7
Prior service cost arising during the period, tax (benefit)	(118)
Amortization of prior service cost, tax provision	$ 1

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Cash flows from operating activities:
Net (loss)/income attributable to Movado Group, Inc.	$ (111,518)	$ 42,699	$ 61,624
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Impairment of goodwill and intangible assets	155,919	0	0
Non-cash corporate initiatives	3,722	0	0
Change in contingent consideration	0	(15,356)	0
Gain on sale of a non-operating asset	(1,317)	0	0
Depreciation and amortization	14,112	16,381	14,165
Transactional (gains)/losses	(836)	1,457	275
Provision for inventories and accounts receivable	3,786	3,152	4,910
Deferred income taxes	(18,292)	4,352	(11,388)
Stock-based compensation	5,089	6,373	6,042
Cost savings initiatives		(320)	(281)
Benefit for 2017 tax act			(7,446)
Other	450	603	70
Changes in assets and liabilities:
Trade receivables	2,424	5,908	(2,640)
Inventories	21,596	(5,549)	(4,234)
Other current assets	2,261	8,103	(168)
Income taxes receivable	(21,037)	(7,394)	5,543
Accounts payable	(7,811)	(3,642)	6,082
Accrued liabilities	4,480	(4,944)	2,623
Accrued payroll and benefits	11,344	(12,469)	3,851
Income taxes payable	2,142	(5,393)	5,252
Other non-current assets	1,323	(2,398)	721
Other non-current liabilities	573	507	1,169
Net cash provided by operating activities	68,410	32,070	86,170
Cash flows from investing activities:
Capital expenditures	(3,018)	(12,713)	(10,635)
Proceeds from sale of a non-operating asset	1,317	0	0
Trademarks and other intangibles	(164)	(255)	(492)
Acquisitions, net of cash acquired		(639)	(97,882)
Proceeds from sale of an asset held for sale		240	0
Net cash used in investing activities	(1,865)	(13,367)	(109,009)
Cash flows from financing activities:
Repayments of bank borrowings	(64,465)	0	(25,000)
Proceeds from bank borrowings	30,879	0	50,296
Stock awards and options exercised and other changes	(497)	(1,266)	4,968
Stock repurchase		(4,199)	(7,418)
Dividends paid		(18,400)	(18,469)
Debt issuance cost	(300)	0	(689)
Net cash (used in)/provided by financing activities	(34,383)	(23,865)	3,688
Effect of exchange rate changes on cash, cash equivalents and restricted cash	5,823	1,141	(5,801)
Net increase (decrease) in cash, cash equivalents and restricted cash	37,985	(4,021)	(24,952)
Cash, cash equivalents and restricted cash at beginning of year	186,438	190,459	215,411
Cash, cash equivalents and restricted cash at end of year	224,423	186,438	190,459
Non-cash financing activities:
Dividends declared but not paid	2,320	0	0
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	223,811	185,872	189,911
Restricted cash included in other non-current assets	612	566	548
Cash, cash equivalents and restricted cash at end of year	$ 224,423	$ 186,438	$ 190,459

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands		Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock Class Undefined	[1]	Class A Common Stock	[2]	Capital in Excess of Par Value	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income	Treasury Stock	Noncontrolling Interests	Redeemable Noncontrolling Interests
Beginning Balance at Jan. 31, 2018		$ 470,335	$ (714)	$ 273		$ 66		$ 189,808	$ 388,739	$ (714)	$ 100,343	$ (208,894)
Net income/(loss) attributable to Movado Group, Inc.		61,624							61,624
Net income/ (loss) attributable to redeemable noncontrolling interests														$ (53)
Dividends		$ (18,469)							(18,469)
Accounting Standards Update [Extensible List]		ASU 2014-09
Stock options exercised		$ 4,968		3				5,841				(876)
Joint venture purchase														3,748
Stock repurchase		(7,418)										(7,418)
Supplemental executive retirement plan		123						123
Stock-based compensation expense		6,042						6,042
Net unrealized gain (loss) on investments, net of tax provision (benefit)		(72)									(72)
Net change in effective portion of hedging contracts, net of tax provision (benefit)		38									38
Prior service cost, net of tax benefit		(420)									(420)
Conversion of Class A Stock to Common Stock				1		(1)
Amortization of prior service cost, net of tax provision		5
Net actuarial loss arising during period, net of tax benefit		0
Foreign currency translation adjustment	[3]	(19,382)									(19,382)			26
Ending Balance at Jan. 31, 2019		496,655		277		65		201,814	431,180		80,507	(217,188)
Ending Balance at Jan. 31, 2019														3,721
Net income/(loss) attributable to Movado Group, Inc.		42,806							42,699				$ 107
Net income/ (loss) attributable to redeemable noncontrolling interests														(427)
Dividends		(18,400)							(18,400)
Stock options exercised		(1,266)		2				154				(1,422)
Joint venture purchase		614											614
Stock repurchase		(4,199)										(4,199)
Supplemental executive retirement plan		132						132
Stock-based compensation expense		6,373						6,373
Net unrealized gain (loss) on investments, net of tax provision (benefit)		5									5
Net change in effective portion of hedging contracts, net of tax provision (benefit)		0
Amortization of prior service cost, net of tax provision		53									53
Net actuarial loss arising during period, net of tax benefit		(52)									(52)
Foreign currency translation adjustment	[3]	4,523									4,537		(14)	(129)
Ending Balance at Jan. 31, 2020		527,244		279		65		208,473	455,479		85,050	(222,809)	707
Ending Balance at Jan. 31, 2020		3,165												3,165
Net income/(loss) attributable to Movado Group, Inc.		(110,327)							(111,518)				1,191
Net income/ (loss) attributable to redeemable noncontrolling interests														(867)
Dividends	[4]	$ (2,320)							(2,320)
Accounting Standards Update [Extensible List]		ASU 2016-13
Stock options exercised		$ (497)		2				(2)				(497)
Supplemental executive retirement plan		141						141
Stock-based compensation expense	[5]	5,431						5,431
Net change in effective portion of hedging contracts, net of tax provision (benefit)		0
Amortization of prior service cost, net of tax provision		23									23
Net actuarial loss arising during period, net of tax benefit		(354)									(354)
Foreign currency translation adjustment	[3]	7,993									7,821		172	302
Ending Balance at Jan. 31, 2021		427,334		$ 281		$ 65		$ 214,043	$ 341,641		$ 92,540	$ (223,306)	$ 2,070
Ending Balance at Jan. 31, 2021		$ 2,600												$ 2,600
[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]	Dividends declared on January 11, 2021 to shareholders of record on January 21, 2021 payable on February 5, 2021 .
[5]	Includes $0.4 million related to the Restructuring Plan of the corporate initiatives.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (PARENTHETICAL) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021		Jan. 31, 2020	Jan. 31, 2019
Dividends per share	$ 0.10		$ 0.80	$ 0.80
Net unrealized gain (loss) on investments, tax provision (benefit)	$ 0		$ 2	$ (14)
Net change in effective portion of hedging contracts, tax provision				7
Prior service cost, tax benefit				117
Amortization of prior service cost, tax provision	6		15	1
Net actuarial loss arising during period, tax benefit	$ 98		15
Dividends declared date	Jan. 11, 2021
Dividends date of record	Jan. 21, 2021
Dividends payable date	Feb. 5, 2021
Stock-based compensation expense	$ 5,431	[1]	$ 6,373	$ 6,042
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 class A common stock is entitled to 10 votes 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.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Jan. 31, 2021
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES Organization and Business Movado Group, Inc. (together with its subsidiaries, the “Company”) designs, sources, markets and distributes quality watches with prominent brands across most price categories of the watch industry. In fiscal 2021, the Company marketed the following distinct brands of watches: Movado, Concord, Ebel, Olivia Burton, Coach, Tommy Hilfiger, Hugo Boss, Lacoste and Scuderia Ferrari. On October 1, 2018, the Company acquired all the outstanding equity interests of MVMT Watches, Inc., the owner of the MVMT global aspirational lifestyle brand (“MVMT”). The Company also designs, sources, markets and distributes jewelry and other accessories under certain of its brands. Movado (with the exception of certain Movado collections, including Movado BOLD), Ebel and Concord watches are manufactured in Switzerland by independent third-party assemblers using Swiss movements and other parts sourced by the Company’s Swiss operations. Movado smart watches include connected technology licensed from third parties that also provide end users with the necessary applications and cloud services. All of the Company’s products are manufactured using components obtained from third party suppliers. Certain Movado collections of watches, including Movado BOLD, are manufactured by independent contractors in Asia using Swiss movements. Coach, Hugo Boss, Lacoste, Olivia Burton, MVMT, Scuderia Ferrari and Tommy Hilfiger watches are manufactured by independent contractors in Asia and the licensed brands smart watches include connected technology licensed from a third party. The Company’s jewelry and other accessories are manufactured by independent contractors in Asia and, to a lesser extent, the United States. In addition to its sales to trade customers and independent distributors, the Company sells directly to consumers via its e-commerce platforms and also operates 45 retail outlet locations throughout the United States and two in Canada, through which it sells current and discontinued models and factory seconds of all of the Company’s watches. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany transactions and balances have been eliminated. To the extent a subsidiary is not wholly-owned, any related noncontrolling interests are included as a separate component of Shareholders’ Equity. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. These estimates and assumptions are based on management’s best estimates and judgment. On an on-going basis, the Company evaluates its estimates and judgement. These estimates include accounting for sales discounts, returns, allowances and incentives, warranties, income taxes, depreciation, amortization, inventory write-downs, stock-based compensation, pensions, contingencies and impairments. Actual results could differ from those estimates. Translation of Foreign Currency Financial Statements and Foreign Currency Transactions The financial statements of the Company’s international subsidiaries have been translated into United States dollars by translating balance sheet accounts at year-end exchange rates and the weighted average exchange rate for each period for revenues, expenses, gains, losses and cash flows. Foreign currency transaction gains and losses are charged or credited to earnings as incurred. Foreign currency translation gains and losses are reflected in the equity section of the Company’s consolidated balance sheets in Accumulated Other Comprehensive Income. Cash and Cash Equivalents and Restricted Cash Cash equivalents include all highly liquid investments with original maturities at date of purchase of three months or less. Restricted cash is comprised of cash or cash equivalents which has been placed into an account that is restricted for a specific use and from which the Company cannot withdraw the cash on demand. Trade Receivables Trade receivables as shown on the consolidated balance sheets are net of various allowances. In the first quarter of fiscal 2021, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13). As a result of adoption, the Company replaced its methodology in determining the allowance for doubtful accounts which was based on an analysis of the aging of accounts receivable, assessments of collectability based on historical trends, the financial condition of the Company’s customers and an evaluation of economic conditions with a methodology that reflects expected credit losses and requires the use of a forward-looking expected credit loss rate for its trade accounts receivables. The adoption had no material impact on the Company’s Consolidated Financial Statements. The Company writes off uncollectible trade receivables once collection efforts have been exhausted and third parties confirm the balance is not recoverable. The Company’s trade customers include department stores, jewelry store chains, independent jewelers and online retailers. All of the Company’s watch brands are also marketed outside the U.S. through a network of independent distributors. Accounts receivable are stated net of doubtful accounts, returns and allowances of $26.8 million, $25.5 million, and $23.8 million at January 31, 2021, 2020 and 2019, respectively. Additionally, $2.4 million, $2.2 million and $2.2 million of receivables and allowances were recorded in non-current assets as of January 31, 2021, 2020 and 2019, respectively. Accounts receivable are also stated net of co-operative advertising allowances of $3.8 million, $8.6 million, and $9.4 million at January 31, 2021, 2020, and 2019, respectively. Co-operative advertising allowances are credits taken by the customer at a future date on previously executed co-operative advertising. The Company’s concentrations of credit risk arise primarily from accounts receivable related to trade customers during the peak selling seasons. The Company has significant accounts receivable balances due from major national chain and department stores. The Company’s results of operations could be materially adversely affected in the event any of these customers or a group of these customers defaulted on all or a significant portion of their obligations to the Company as a result of financial difficulties. As of January 31, 2021, except for those accounts provided for in the allowance for doubtful accounts, the Company knew of no situations with any of the Company’s major customers which would indicate any such customer’s inability to make its required payments. No single customer accounted for more than 10% 10% Inventories The Company values its inventory at the lower of cost or net realizable value. Cost is determined using the average cost method. The Company performs reviews of its on-hand inventory to determine amounts, if any, of inventory that is deemed discontinued, excess, or unsaleable. Inventory classified as discontinued, together with the related component parts which can be assembled into saleable finished goods, is sold primarily through the Company’s retail outlet locations. Property, Plant and Equipment Property, plant and equipment, including computer software, are stated at cost less accumulated depreciation. The Company capitalizes certain computer software costs after technological feasibility has been established. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets. The cost of property, plant and equipment and related depreciation and amortization are removed from the accounts upon the disposition or retirement of such assets and the resulting gain or loss is reflected in operating income. Goodwill At the time of an acquisition, in accordance with applicable guidance, the Company records all acquired net assets at their estimated fair values. These estimated fair values are based on management’s assessments and independent third-party appraisals. The excess of the purchase consideration plus the fair value of any noncontrolling interest in the acquired company over the aggregate estimated fair values of the acquired net assets, including any contingent consideration, is recorded as goodwill. Goodwill is not amortized but is assessed for impairment at least annually on November 1 st The quantitative impairment test is performed to measure the amount of impairment loss, if any. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of each reporting unit with its carrying value, including goodwill. If a reporting unit’s carrying amount exceeds its fair value, the Company will record an impairment charge, as an operating expense item, based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. Determination of the fair value of a reporting unit and the fair value of individual assets and liabilities of a reporting unit is based on management’s assessment, including the consideration of independent third-party appraisals when necessary. Furthermore, this determination is subjective in nature and involves the use of significant estimates and assumptions. These estimates and assumptions could have a significant impact on whether or not an impairment charge is recognized and the amount of any such charge. Estimates of fair value are primarily determined using discounted cash flows, market comparisons, and recent transactions. These approaches use significant estimates and assumptions, including projected future cash flows, discount rates, growth rates, and determination of appropriate market comparisons. The Company performs its annual impairment assessment of goodwill at the beginning of the fourth quarter of each fiscal year. The Company determined that there was no impairment in fiscal 2020. 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. 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 and assumptions used in the discounted cash flows model included the Company’s discount rate, revenue growth rates, EBIT margins and long-term growth rate. 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 Intangibles Intangible assets consist primarily of trade names, customer relationships and trademarks. In accordance with applicable guidance, the Company estimates and records the fair value of purchased intangible assets at the time of their acquisition. The fair values of these intangible assets are estimated based on independent third-party appraisals. Finite-lived intangible assets are amortized over their respective estimated useful lives, which range from three to ten years, and are evaluated for impairment periodically and whenever events or changes in circumstances indicate that their related carrying values may not be fully recoverable. Estimates of fair value for finite-lived intangible assets are primarily determined using discounted cash flows analysis of such assets, with consideration of market comparisons and recent transactions. This approach uses significant estimates and assumptions, including projected future cash flows, discount rates and growth rates. The Company determined that there was no impairment in fiscal 2020. 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 . Noncontrolling Interest Redeemable noncontrolling interests in subsidiaries that are redeemable for cash or other assets outside of the Company’s control are classified as mezzanine equity, outside of equity and liabilities, at the greater of the carrying value or the redemption value. The increases and decreases in the redemption amount are recorded with corresponding adjustments against the Capital in excess of par value and are reflected in the computation of earnings per share using the two-class method. Noncontrolling interest is recognized as equity in the Company’s consolidated balance sheets and represents ownership interests in the Company’s subsidiaries held by third parties. Long-Lived Assets The Company periodically reviews the estimated useful lives of its depreciable assets based on factors including historical experience, the expected beneficial service period of the asset, the quality and durability of the asset and the Company’s maintenance policy including periodic upgrades. Changes in useful lives are made on a prospective basis unless factors indicate the carrying amounts of the assets may not be recoverable and an impairment is necessary. The Company performs an impairment review of its long-lived assets once events or changes in circumstances indicate, in management’s judgment, that the carrying value of such assets may not be recoverable. When such a determination has been made, management compares the carrying value of the asset groups with their estimated future undiscounted cash flows. If it is determined that an impairment has occurred, the fair value of the asset group is determined and compared to its carrying value. The excess of the carrying value over the fair value, if any, is recognized as a loss during that period. The impairment is calculated as the difference between asset carrying values and their estimated fair values. Other than as it relates to intangibles, as described above, no impairment charge was recorded in fiscal 2021 or in fiscal 2020, respectively. Derivative Financial Instruments The Company accounts for its derivative financial instruments in accordance with the accounting guidance which requires that an entity recognize all derivatives as either assets or liabilities in the consolidated balance sheets and measure those instruments at fair value. A significant portion of the Company’s purchases are denominated in Swiss Francs and, to a lesser extent, the Japanese Yen. The Company also sells to third-party customers in a variety of foreign currencies, most notably the Euro, Swiss Francs and the British Pound. The Company reduces its exposure to the Swiss Franc, Euro, British Pound, Chinese Yuan and Japanese Yen exchange rate risks through a hedging program. Under the hedging program, the Company manages most of its foreign currency exposures on a consolidated basis, which allows it to net certain exposures and take advantage of natural offsets. The earnings impact is mostly offset by the effects of currency movements on the underlying hedged transactions. The Company uses forward exchange contracts, which do not meet the requirements of qualified hedges, to offset its exposure to certain foreign currency receivables and liabilities. These forward contracts are not designated as qualified hedges and, therefore, changes in the fair value of these derivatives are recognized in earnings in the period they arise, thereby offsetting the current earnings effect resulting from the revaluation of the related foreign currency receivables and liabilities. All of the Company’s derivative instruments have liquid markets to assess fair value. The Company does not enter into any derivative instruments for trading purposes. Revenue Recognition Wholesale revenue is recognized and recorded when a contract is in place, obligations under the terms of a contract with the customer are satisfied and control is transferred to the customer. Such revenue is measured as the ultimate amount of consideration the Company expects to receive in exchange for transferring goods including variable consideration. The Company considers transfer of control passes to the wholesale customer upon shipment or upon receipt depending on the agreement with the customer and shipping terms. Control passes to outlet store customers at the time of sale and to substantially all digital customers upon shipment. Prior to January 1, 2021, the requirement for recognizing revenue for e-commerce was met upon delivery to the customer. Factors considered in the transfer of control include the right to payment, transfer of legal title, physical possession and customer acceptance of the goods and whether significant risks and rewards for the goods belong with the customer. The Company records estimates of variable consideration, which includes sales returns, markdowns, volume-based programs and sales and cash discount allowances as a reduction of revenue in the same period that the sales are recorded. These estimates are based upon the expected value method considering all reasonably available information including historical analysis, customer agreements and/or currently known factors that arise in the normal course of business. Returns, discounts and allowances have historically been within the Company’s expectations and the provisions established. The future provisional rates may differ from those experienced in the past. Taxes imposed by governmental authorities on the Company's revenue-producing activities with customers, such as sales taxes and value added taxes, are excluded from net sales. The Company’s sale of smart watches contains multiple performance obligations. The Company allocates revenue to each performance obligation using the relative standalone selling price method. The Company determines the standalone selling prices based on the prices charged to customers. Amounts allocated to the delivered smart watch collections and the related essential software are recognized at the time of sale. The Company’s smart watch collections have been available in limited quantities and in limited distribution, and, as a result, the amounts related to cloud service and app updates were immaterial to all periods presented and thereby recognized at time of sale. The Company has considered each transaction to sell goods as separate and distinct, with no additional promises made. The Company uses the understanding of what the customer expects to receive as the final product to determine whether goods or services should be combined and accounted for as a single performance obligation. The Company does not incur significant costs to obtain or fulfill its contracts. Cost of Sales Cost of sales of the Company’s products consist primarily of costs for raw materials, component costs, royalties, depreciation, amortization, assembly costs, shipping to customers, design costs and unit overhead costs associated with the Company’s supply chain operations predominately in Switzerland and Asia. The Company’s supply chain operations consist of logistics management of assembly operations and product sourcing predominately in Switzerland and Asia and minor assembly in Switzerland. A majority of the Swiss watch movements used in the manufacture of Movado, Ebel and Concord watches are purchased from two suppliers, one of which is a wholly-owned subsidiary of one of the Company’s competitors. That competitive supplier announced in February 2021 that it will no longer sell mechanical Swiss movements to third parties. Although mechanical movements are only used in a relatively small number of the Company’s watch styles, the elimination of a source of supply could make it more difficult for the Company to satisfy its requirements for mechanical movements. Selling, General and Administrative (“SG&A”) Expenses The Company’s SG&A expenses consist primarily of marketing, selling, distribution, general and administrative expenses. Marketing expenditures are based principally on overall strategic considerations relative to maintaining or increasing market share in markets that management considers to be crucial to the Company’s continued success as well as on general economic conditions in the various markets around the world in which the Company sells its products. Marketing expenses include salaries, various forms of media advertising, digital advertising (including social media), customer acquisition costs and co-operative advertising with customers and distributors and other point of sale marketing and promotion spending. Selling expenses consist primarily of salaries, sales commissions, salesforce travel and related expenses, credit card fees, depreciation and amortization, expenses associated with the Company’s annual worldwide customer conference, and other industry trade shows and operating costs incurred in connection with the Company’s retail business. Sales commissions vary with overall sales levels. Retail selling expenses consist primarily of payroll and related expenses and store occupancy costs. Distribution expenses consist of costs of running distribution centers and customer service, and include primarily salaries, rental and other occupancy costs, security, depreciation and amortization of furniture and leasehold improvements and shipping supplies. General and administrative expenses consist primarily of salaries and other employee compensation including performance-based compensation, employee benefit plan costs, office rent, management information systems costs, professional fees, bad debts, depreciation and amortization of furniture, computer software, leasehold improvements, amortization of finite-lived intangible assets, patent and trademark expenses and various other general corporate expenses. Warranty Costs All watches sold by the Company come with limited warranties covering the movement against defects in material and workmanship for periods ranging from two to three years from the date of purchase, with the exception of Tommy Hilfiger watches, for which the warranty period is two to ten years . In addition, the warranty period is five years for the gold plating for Movado watch cases and bracelets. When changes in warranty costs are experienced, the Company will adjust the warranty liability as required. The Company records an estimate for future warranty costs based on historical repair costs. Warranty costs have historically been within the Company’s expectations and the provisions established. If such costs were to substantially exceed estimates, they could have an adverse effect on the Company’s operating results. Warranty liability, included in accrued liabilities in the consolidated balance sheets, and activity for the fiscal years ended January 31, 2021, 2020 and 2019 was as follows (in thousands): 2021 2020 2019 Balance, beginning of year $ 2,634 $ 2,703 $ 3,288 Provision charged to operations 1,760 2,203 2,249 Settlements made (1,983 ) (2,272 ) (2,834 ) Balance, end of year $ 2,411 $ 2,634 $ 2,703 Pre-opening Costs Marketing and administrative costs associated with the opening of retail stores are expensed in the period incurred. Marketing The Company expenses the production costs of an advertising campaign at the commencement date of the advertising campaign. Included in marketing expenses are costs associated with co-operative advertising, media advertising, digital advertising, customer acquisition costs, production costs, costs of point of sale materials and displays and internal payroll related costs. These costs are recorded as SG&A expenses. The Company participates in co-operative advertising programs on a voluntary basis and receives a “separately identifiable benefit in exchange for the consideration.” Since the amount of consideration paid to the retailer does not exceed the fair value of the benefit received by the Company, these costs are recorded as SG&A expenses as opposed to being recorded as a reduction of revenue. Marketing expense for fiscal 2021, 2020 and 2019 was $85.5 million, $135.3 million and $108.2 million, respectively. Included in other current assets and non-current assets in the consolidated balance sheets are the costs of certain prepaid advertising, including principally product displays and point of sale materials and to a lesser extent licensing agreements and sponsorships. Prepaid advertising accounted for in other current assets at January 31, 2021 and 2020, respectively. Prepaid advertising accounted for in other non-current assets at January 31, 2021 and 2020, respectively. Shipping and Handling Costs Amounts charged to customers for shipping and handling were $1.6 million, $2.5 million and $2.2 million for fiscal years 2021, 2020 and 2019, respectively. The costs related to shipping and handling were $10.0 million, $12.8 million and $9.8 million for fiscal years 2021, 2020 and 2019, respectively. The amounts charged and incurred by the Company related to shipping and handling are included in net sales and cost of goods sold, respectively. Income Taxes The Company, under ASC Topic 740, follows the asset and liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax laws and tax rates in each jurisdiction where the Company operates and applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities due to a change in tax rates is recognized in income in the period that includes the enactment date. In addition, the amounts of any future tax benefits are reduced by a valuation allowance to the extent such benefits are not expected to be realized on a more-likely-than-not basis. The Company calculates estimated income taxes in each of the jurisdictions in which it operates. This process involves estimating actual current tax expense along with assessing temporary differences resulting from differing treatment of items for both book and tax purposes. The Company follows guidance for accounting for uncertainty in income taxes. This guidance clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements and prescribes a recognition threshold and measurement standard for the financial statement recognition and measurement of an income tax position taken or expected to be taken in a tax return. This guidance also provides guidance for de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transitions. Interest and penalties, if any, related to unrecognized tax benefits are recorded as income tax expense in the consolidated statement of operations and as deferred tax liabilities in the consolidated balance sheet. The Company elected to account for the tax on GILTI as a period cost and therefore has not recorded deferred taxes related to GILTI. Earnings Per Share 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): Fiscal Years Ended January 31, 2021 2020 2019 Weighted average common shares outstanding: Basic 23,239 23,123 23,197 Effect of dilutive securities: Stock awards and options to purchase shares of common stock — 174 403 Diluted 23,239 23,297 23,600 For the fiscal years ended January 31, 2021, 2020 and 2019, approximately 904,000, 447,000 and 81,000 respectively, of potentially dilutive common stock equivalents were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. For the fiscal year ended January 31, 2021, the Company also had approximately 110,000 stock options outstanding that could potentially dilute earnings per share in future periods that were excluded from the computation of diluted EPS because their effect would have been anti-dilutive given the net loss during the period. Stock-Based Compensation The Company utilizes the Black-Scholes option-pricing model which requires that certain assumptions be made to calculate the fair value of each option at the grant date. The expected life of stock option grants is determined using historical data and represents the time period during which the stock option is expected to be outstanding until it is exercised. The risk-free interest rate is based on the U.S. treasury note interest rate in effect on the da

Impact of the COVID-19 Pandemic

Impact of the COVID-19 Pandemic	12 Months Ended
	Jan. 31, 2021
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, third and fourth quarter of fiscal 2021, the Company repaid $36.8 million, $10.9 million and $16.8 million, respectively, under its revolving credit facility. At January 31, 2021, $21.2 million remained outstanding under the Company’s revolving 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 5 – 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 6 – 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	12 Months Ended
	Jan. 31, 2021
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 and while transition from LIBOR could have an adverse impact on the market for or value of any LIBOR-linked securities, loans, derivatives or other financial instruments or extensions or credit held by or due, the Company does not expect such nor 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 adoption of this standard did not have a material impact on the Company’s Consolidated Financial Statements. 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.

Acquisitions

Acquisitions	12 Months Ended
	Jan. 31, 2021
Business Combinations [Abstract]
Acquisitions	NOTE 4 – 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 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 January 31, 2021, 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 January 31, 2021, the Company concluded that the 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 Company recorded goodwill (as of October 1, 2018) of $77.5 million based on the amount by which the purchase price exceeded the fair value of the net assets acquired. As the structure of the acquisition allowed for a step up in basis for tax purposes, the full amount of goodwill is deductible for federal income tax purposes over 15 years. The results of the MVMT brand have been included in the consolidated financial statements since the date of acquisition within the U.S. and International locations of the Watch and Accessory Brands segment. For the fiscal year ended January 31, 2020 and 2019, consolidated operating income included $4.6 million and $14.4 million, respectively, of expenses primarily related to acquisition costs, amortization of acquired intangible assets and adjustments in acquisition accounting, as a result of the Company’s acquisition of MVMT. The acquisition was accounted for in accordance with FASB Topic ASC 805 – Business Combinations, which requires that the total cost of an acquisition be allocated to the tangible and intangible assets acquired and liabilities assumed based upon their respective fair values at the date of acquisition. The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 1, 2018, acquisition date (in thousands): Assets Acquired and Liabilities Assumed Fair Value Cash and cash equivalents $ 3,848 Trade receivables 370 Inventories 14,552 Prepaid expenses and other current assets 2,325 Property, plant and equipment 179 Other non-current assets 6,500 Goodwill 77,542 Trade name and other intangibles 28,928 Total assets acquired 134,244 Accounts payable 5,982 Accrued liabilities 9,018 Other non-current liabilities 7,064 Total liabilities assumed 22,064 Total purchase price $ 112,180 Inventories (as of October 1, 2018) included a step-up adjustment of $0.7 million, which was amortized over 5 months. The components of Trade name and other intangibles (as of October 1, 2018) included a trade name of $24.7 million (amortized over 10 years), and customer relationships of $4.2 million (amortized over 10 years). The 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, the contingent purchase price liability had been remeasured at July 31, 2019 to $1.9 million and to zero at January 31, 2020. Of the $16.9 million (including interest accretion) decrease in the liability, $15.4 million was included in non-operating income (portion of contingent consideration allocated to purchase price) in the Consolidated Statements of Operations for the year ended January 31, 2020, and $0.5 million and $1.0 million were 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. 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 6 – Goodwill and Intangible Assets for impairment of MVMT’s long-lived assets as of January 31, 2021.

Restructuring Provision

Restructuring Provision	12 Months Ended
	Jan. 31, 2021
Restructuring Charges [Abstract]
Restructuring Provision	NOTE 5 – 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 fiscal 2021, although cash severance will be paid over time and such payments are expected to continue into the next fiscal year. Of the total provision incurred, $6.7 million has been paid out during fiscal 2021, approximately $2.1 million is expected to result in cash expenditures during the next fiscal year with the remaining $3.8 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 and 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 twelve months ended January 31, 2021 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance January 31, 2021 Restructuring Plan: Severance and Employee Related (1) $ — $ 7,331 $ — $ (4,953 ) $ 2,378 Other (2) — 975 (315 ) (609 ) 51 Other Corporate Initiative: Severance and Employee Related — 923 — (923 ) — Inventory (3) — 691 (284 ) — 407 Accounts receivable (4) — 926 — — 926 Other (2) — 1,783 (1,517 ) (247 ) 19 Total $ — $ 12,629 $ (2,116 ) $ (6,732 ) $ 3,781 The following amounts are included in the Consolidated Balance Sheet at January 31, 2021: (1) $2.0 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 Twelve Months Ended January 31, 2021 Provision Watch and Accessory Brands: United States $ 7,994 International 4,635 Total Watch and Accessory Brands 12,629 Total Company Stores — Total Consolidated $ 12,629 Cost of sales $ 735 Selling, general and administrative 11,894 Total $ 12,629

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jan. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	NOTE 6 – 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 and assumptions used in the discounted cash flows model included the Company’s discount rate, revenue growth rates, EBIT margins and long-term growth rate. 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 fiscal years ended January 31, 2021, 2020 and 2019 are as follows (in thousands): Trade names Customer relationships Other (1) Total Weighted Average Amortization Period (in years) 10 6 10 Balance at January 31, 2018 $ 13,096 $ 8,457 $ 1,571 $ 23,124 Acquisition of MVMT 24,700 4,200 28 28,928 Acquisition of City-Time — 1,672 — 1,672 Additions — — 492 492 Amortization (2,126 ) (1,628 ) (597 ) (4,351 ) Foreign exchange impact (899 ) (520 ) (263 ) (1,682 ) Balance at January 31, 2019 34,771 12,181 1,231 48,183 Additions — — 255 255 Amortization (3,723 ) (1,991 ) (377 ) (6,091 ) Foreign exchange impact 27 (36 ) 21 12 Balance at January 31, 2020 31,075 10,154 1,130 42,359 Impairment (18,595 ) (3,570 ) — (22,165 ) Additions — — 164 164 Amortization (1,888 ) (1,656 ) (295 ) (3,839 ) Foreign exchange impact 268 240 54 562 Balance at January 31, 2021 $ 10,860 $ 5,168 $ 1,053 $ 17,081 (1) Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand. The estimated future amortization expense during each of the next five fiscal years is as follows: For the fiscal year ending January 31, (in thousands) 2022 $ 3,546 2023 3,521 2024 2,612 2025 1,966 2026 1,955 Thereafter 3,481 Total estimated future amortization expense $ 17,081

Inventories

Inventories	12 Months Ended
	Jan. 31, 2021
Inventory Disclosure [Abstract]
Inventories	NOTE 7 – INVENTORIES Inventories consisted of the following (in thousands): As of January 31, 2021 2020 Finished goods $ 107,246 $ 125,603 Component parts 40,735 41,708 Work-in-process 4,599 4,095 $ 152,580 $ 171,406

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Jan. 31, 2020
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	NOTE 8 – PROPERTY, PLANT AND EQUIPMENT A summary of the components of property, plant and equipment and their estimated useful lives is as follows (in thousands): As of January 31, 2021 2020 Estimated Useful Lives Land and buildings $ 1,311 $ 1,212 40 years for buildings Furniture and equipment 56,808 56,800 4 to 10 years Computer software 31,323 34,151 5 to 10 years Leasehold improvements 37,957 38,155 Lesser of lease term or useful life Design fees and tooling costs 3,176 2,867 3 years 130,575 133,185 Less: Accumulated depreciation and amortization (108,226 ) (103,947 ) Property, plant and equipment, net $ 22,349 $ 29,238 Depreciation and amortization expense from operations related to property, plant and equipment for fiscal 2021, 2020 and 2019 was $10.0 million, $10.1 million and $9.4 million, respectively, which includes computer software amortization expense for fiscal 2021, 2020 and 2019 of $2.1 million, $2.4 million and $3.2 million, respectively.

Debt and Lines of Credit

Debt and Lines of Credit	12 Months Ended
	Jan. 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 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 provided 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 was 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 would resume at 2.50 to 1.0 and (ii) the minimum EBITDA covenant levels were reduced. In addition, the Second Amendment provided that (i) through April 30, 2021, the Company was 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, were tightened and (iii) during the Suspension Period, the interest rate for borrowings under the Credit Agreement was increased to LIBOR plus 2.75% per annum and the commitment fee in respect of the unutilized commitments was 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. On January 11, 2021, the lenders party to the Credit Agreement granted the Company a written consent permitting the Company to pay up to two cash dividends to equity holders that would not otherwise be permitted by the Credit Agreement. Specifically, the consent permitted the Company to pay two dividends prior to May 31, 2021 in an aggregate amount not to exceed $5 million. On February 5, 2021, the Company paid the first such dividend, in an aggregate amount of $2.3 million, to shareholders of record as of January 21, 2021. Effective as of the date of this annual report on Form 10-K, the Suspension Period has ended as a result of the Company’s achievement of certain financial milestones as of and for the periods ending January 31, 2021. As of January 31, 2021, and January 31, 2020, there was 10.0 million and 50.0 million in Swiss Francs, respectively, (with a dollar equivalent of $ 11.2 dates through June 1, 2021 . As of January 31, 2021, and January 31, 2020, availability under the Facility was $ 78.5 million and $ 47.8 million, respectively. The Company had weighted average borrowings under the Facility of $53.1 million and $51.1 million, with a weighted average interest rate of 2.59% and 1.00% during fiscal 2021 and 2020, respectively. Borrowings under the Credit Agreement bear interest at rates based on either LIBOR or a specified base rate, as selected periodically by the Company. The LIBOR-based loans bear interest at LIBOR plus a spread ranging from 1.00% to 1.75% per annum and the base rate loans bear interest at the base rate plus a spread ranging from 0% to 0.75% per annum, with the spread in each case being based on the Company’s consolidated leverage ratio (as defined in the Credit Agreement); provided that during the Suspension Period the spreads are fixed at 2.75% for LIBOR loans and 1.75% for base rate loans. As of January 31, 2021, the Company’s spreads were 2.75% over LIBOR and 1.75% over the base rate. As of January 31, 2020, the Company’s spreads were 1.25% over LIBOR and 0.25% over the base rate. The borrowings under the Facility are joint and several obligations of the Borrowers and are also cross-guaranteed by each Borrower, except that the Swiss Borrowers are not liable for, nor do they guarantee, the obligations of the U.S. Borrowers. In addition, the Borrowers’ obligations under the Facility are secured by first priority liens, subject to permitted liens, on substantially all of the U.S. Borrowers’ assets other than certain excluded assets. The Swiss Borrowers do not provide collateral to secure the obligations under the Facility. The security agreement contains customary representations and warranties and covenants relating to the creation and perfection of security interests in favor of the Agent over various categories of the U.S. Borrowers’ assets. The Credit Agreement contains affirmative and negative covenants binding on the Company and its subsidiaries that are customary for credit facilities of this type, including, but not limited to, restrictions and limitations on the incurrence of debt and liens, dispositions of assets, capital expenditures, dividends and other payments in respect of equity interests, the making of loans and equity investments, mergers, consolidations, liquidations and dissolutions, and transactions with affiliates (in each case, subject to various exceptions). A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of January 31, 2021, and 2020, these lines of credit totaled 6.5 million Swiss Francs for both periods, with a dollar equivalent of $7.3 million and $6.7 million, respectively. As of January 31, 2021, and 2020, there were no borrowings against these lines. As of January 31, 2021, and 2020, two European banks had guaranteed obligations to third parties on behalf of two of the Company’s foreign subsidiaries in the dollar equivalent of $1.3 million and $1.2 million, respectively, in various foreign currencies, of which $0.6 million, in both periods, During fiscal 2021, the Company incurred and capitalized $0.3 million of fees related to the amendment done in fiscal 2021 described above. In addition, d uring fiscal 2019, the Company incurred and capitalized $0.7 million of fees related to the amendment. These fees, along with the unamortized fees of $0.3 million paid related to the base Credit Agreement, are being amortized on a straight-line basis over 60 months, the revised term of the Facility, and are included in other non-current assets on the consolidated balance sheets. Cash paid for interest, including unused commitment fees, during fiscal 2021, 2020 and 2019 was $1.7 million, $0.7 million and $0.5 million, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Jan. 31, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 10 – DERIVATIVE FINANCIAL INSTRUMENTS As of January 31, 2021, the Company’s entire net forward contracts hedging portfolio consisted of 29.4 million Chinese Yuan equivalent, 6.0 million Swiss Francs equivalent, 10.9 million US dollars equivalent, 16.6 million Euros equivalent and 0.7 million British Pounds equivalent with various expiry dates ranging through May 19, 2021 . These forward contracts are not designated as qualified hedges in accordance with ASC 815, Derivatives and Hedging, and, therefore, changes in the fair value of these derivatives are recognized in earnings in the period they arise. Net gains or losses related to these forward contracts are included in cost of sales, selling and general and administrative expenses in the Consolidated Statements of Operations. The cash flows related to these foreign currency contracts are classified in operating activities . See Note 11 for fair value and presentation in the Consolidated Balance Sheets for derivatives. For the year ended January 31, 2021, the Company did not have any cash flow hedges.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jan. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Abstract]
Fair Value Measurements	NOTE 11 - 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 January 31, 2021 and 2020 (in thousands): Fair Value at January 31, 2021 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 162 — — 162 SERP assets - employer Other non-current assets 605 — — 605 SERP assets - employee Other non-current assets 46,673 — — 46,673 Defined benefit plan assets (1) Other non-current liabilities — — 25,837 25,837 Total $ 47,624 $ — $ 25,837 $ 73,461 Liabilities: SERP liabilities - employee Other non-current liabilities $ 46,673 $ — $ — $ 46,673 Hedge derivatives Accrued liabilities — 13 — 13 Total $ 46,673 $ 13 $ — $ 46,686 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 (1) 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 (1) See Note 19 for a discussion of the fair value of the assets held in the Company’s defined benefit plan in Switzerland. The fair values of the Company’s available-for-sale securities are based on quoted market 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 January 31, 2021 and January 31, 2020, due to the availability and floating rate for similar instruments. The Company sponsors a 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 January 31, 2021 and January 31, 2020. 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 $1.9 million at July 31, 2019 and to zero at January 31, 2020. Of the $16.9 million decrease in the liability, $15.4 million is included in non-operating income (portion of contingent consideration allocated to purchase price) in the Consolidated Statements of Operations for the year ended January 31, 2020, and 0.5 million and $1.0 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 has 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 20 for Segment and Geographic Information. The following table presents the change in the Level 3 contingent purchase price liability during the twelve months ended January 31, 2020 and 2019: Fiscal Year Ended January 31, Fiscal Year Ended January 31, (In thousands) 2020 2019 Balance at the beginning of the period $ 16,718 $ — Acquisition of MVMT — 16,500 Payments — — Adjustments included in income before income taxes (15,159 ) — Adjustments to deferred compensation (1,559 ) 218 Ending balance $ — $ 16,718 There were no transfers between any levels of the fair value hierarchy for any of the Company’s fair value measurements. See Note 6 – Goodwill and Intangible Assets for a discussion on the Company’s impairment charges taken in fiscal year 2021 for certain of its nonfinancial assets measured at fair value on a nonrecurring basis due to a change in circumstances that triggered an interim impairment test, and the valuation techniques used to measure the fair value. The most significant unobservable inputs (Level 3) used to estimate the fair values of the Company’s Watch and Accessory Brands unit’s goodwill and MVMT’s intangible assets are discount rates, which was 17.5%.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 12 – COMMITMENTS AND CONTINGENCIES Licensing Agreements: 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. As of January 31, 2021, the total amount of the Company’s minimum commitments related to its license agreements and endorsement agreements was $292.2 million, payable in the next years Operating Lease Commitments: The Company leases office, distribution, retail and manufacturing facilities, and office equipment under operating and finance leases, which expire at various dates through June 2030 occupancy costs. Some leases also contain rent escalation clauses (step rents) that require additional rent amounts in the later years of the term. Rent expense for leases with step rents is recognized on a straight-line basis over the minimum lease term. Rent expense for equipment and distribution, factory and office facilities under operating and finance leases was $ 27.5 million, $ 26.9 million and $ 20.2 million in fiscal 2021, 2020 and 2019, respectively. Minimum annual rentals under noncancelable operating and finance leases as of January 31, 2021, excluding real estate taxes and operating costs, are as follows (in thousands): Fiscal Year Ending January 31, 2022 $ 18,067 2023 14,829 2024 13,970 2025 11,507 2026 9,441 Thereafter 27,144 $ 94,958 Purchase Obligations: The Company had outstanding purchase obligations of $70.9 million with suppliers at the end of fiscal 2021 primarily for raw materials, finished watches and packaging in the normal course of business. These purchase obligation amounts do not represent total anticipated purchases but represent only amounts to be paid for items required to be purchased under agreements that are enforceable, legally binding and specify minimum quantity, price and term . Tax: The Company had previously recorded an obligation of $28.2 million due to the Tax Cuts and Jobs Act (“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 . At January 31, 2021, the Company had an outstanding obligation of $21.5 million. 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. See Note 14 – Income Taxes for more information. Acquisition Related: The purchase consideration for the MVMT business includes 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 4 – Acquisitions and Note 11 – Fair Value Measurements). Litigation: 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. 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 In addition to the above matters, as of January 31, 2021, the Company is involved in other legal proceedings and contingencies, the resolution of which is not expected to materially affect its financial condition, future results of operations or cash flows.

Leases

Leases	12 Months Ended
	Jan. 31, 2021
Leases [Abstract]
Leases	NOTE 13 – LEASES The Company adopted ASU No. 2016-02 “Leases (Topic 842)” on February 1, 2019, resulting in the recognition of a right-of-use asset and associated liabilities. The Company leases certain real estate properties, vehicles and equipment in various countries around the world. Leased properties are typically used for retail, office and distribution. The Company evaluates contractual arrangements at inception to determine if individual agreements are a lease or contain an identifiable lease component. When evaluating contracts to determine appropriate classification and recognition, significant judgment may be necessary to determine, among other criteria, if an embedded leasing arrangement exists, the length of the term, classification as either an operating or financing lease and whether renewal or termination options are reasonably certain to be exercised. Lease assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. These assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term calculated using the Company’s incremental borrowing rate, adjusted for the lease term and lease country, unless the implicit rate is readily determinable. Lease assets also include any upfront lease payments made and are reduced by lease incentives. The Company’s leases are classified as operating leases with remaining terms of 1 to 9 years, some of which include an option to extend or renew. If the exercise of an option to extend or renew is determined to be reasonably certain, the associated right-of-use asset and liability reflects the extended period of payments. Lease expense for operating leases consist of both fixed and variable components. Expenses related to fixed lease payments are recognized on a straight-line basis over the lease term. Variable lease payments are generally expensed as incurred and include certain index-based changes in rent, certain non-lease components such as maintenance and other services provided by the lessor and other charges included in the lease. The variable portion of lease payments is not included in the Company’s lease liabilities. Short-term leases are leases having a term of 12 months or less at inception. The Company does not record a related lease asset or liability for short-term leases. The depreciable life of lease assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise. As a result of the COVID-19 pandemic, the Company received lease concessions from landlords in the form of rent deferrals and rent forgiveness. The Company chose the policy election provided by the FASB in April 2020 to record rent concessions as if no modifications to lease contracts were made, and thus no changes to the ROU assets and ROU liabilities were recorded for these concessions. This guidance is only applicable to COVID-19 related lease concessions that do not result in a substantial increase in the rights of the lessor or the obligations of the lessee. The Company received rent forgiveness of $1.1 million for fiscal year 2021. The components of lease expense were as follows (in thousands): Lease Expense Consolidated Statements of Operation Location For the Year Ended January 31, 2021 For the Year Ended January 31, 2020 Operating lease expense SG&A $ 18,533 $ 19,301 Short-term lease cost SG&A 601 736 Variable lease cost SG&A 9,051 9,229 Total operating lease expense $ 28,185 $ 29,266 Finance lease cost: Amortization of right-of-use assets SG&A $ 117 $ 117 Interest on lease liabilities Interest expense $ 9 $ 13 The following table discloses supplemental balance sheet information for the Company’s leases (in thousands): Leases Consolidated Balance Sheets Location January 31, 2021 January 31, 2020 Assets Operating Operating lease right-of-use assets $ 76,070 $ 89,523 Finance Other non-current assets $ 166 $ 282 Liabilities Current: Operating Current operating lease liabilities $ 15,861 $ 15,083 Finance Accrued liabilities $ 121 $ 117 Noncurrent: Operating Non-current operating lease liabilities $ 68,412 $ 81,877 Finance Other non-current liabilities $ 49 $ 170 The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases: Lease Term and Discount Rate January 31, 2021 January 31, 2020 Weighted-average remaining lease term - in years Operating leases 6.5 7.4 Finance leases 1.4 2.4 Weighted-average discount rate: Operating leases 3.78 % 3.71 % Finance leases 3.86 % 3.86 % Future minimum lease payments by year as of January 31, 2021 were as follows (in thousands): Fiscal Year Operating Leases Finance Leases 2022 $ 17,942 $ 125 2023 14,780 49 2024 13,970 - 2025 11,507 - 2026 9,441 - Thereafter 27,144 - Total lease payments $ 94,784 $ 174 Less: Interest (10,511 ) (4 ) Total lease obligations $ 84,273 $ 170 Supplemental cash flow information related to leases was as follows (in thousands): Year Ended January 31, 2021 Year Ended January 31, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 19,080 $ 17,637 Operating cash flows from finance leases 9 13 Financing cash flows from finance leases 116 112 Leased assets obtained in exchange for new operating lease liabilities 2,940 9,863 Leased assets obtained in exchange for new financing lease liabilities — 399 As of January 31, 2021, the Company did not have any material operating or finance leases that have been signed but not commenced.

Income Taxes

Income Taxes	12 Months Ended
	Jan. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 14 - INCOME TAXES (Loss)/income before (benefit)/provision for income taxes for the fiscal year ended January 31, 2021, 2020, and 2019 on a legal entity basis consists of the following (in thousands): 2021 2020 2019 U.S. (loss)/income before taxes $ (121,302 ) $ (1,226 ) $ 6,795 Non-U.S. (loss)/income before taxes (21,080 ) 58,729 54,938 (Loss)/income before income taxes $ (142,382 ) $ 57,503 $ 61,733 Cash paid for income taxes during fiscal 2021, 2020, and 2019 was $6.1 million, $16.0 million and $9.5 million respectively. The (benefit) provision for income taxes for the fiscal years ended January 31, 2021, 2020 and 2019 consists of the following components (in thousands): 2021 2020 2019 Current: U.S. Federal $ (21,657 ) $ 558 $ 6,665 U.S. State and Local (703 ) 905 3,556 Non-U.S. 9,464 9,309 8,775 (12,896 ) 10,772 18,996 Deferred: U.S. Federal (11,139 ) 2,337 (12,706 ) U.S. State and Local (6,321 ) 107 (2,339 ) Non-U.S. (832 ) 1,908 (3,789 ) (18,292 ) 4,352 (18,834 ) (Benefit)/provision for income taxes $ (31,188 ) $ 15,124 $ 162 Significant components of the Company’s deferred income tax assets and liabilities for the fiscal years ended January 31, 2021 and 2020 are as follows (in thousands): 2021 Deferred Taxes 2020 Deferred Taxes Assets Liabilities Assets Liabilities Net operating loss carryforwards $ 11,000 $ — $ 7,597 $ — Inventory — 2,292 1,557 — Unprocessed returns 862 — 898 — Receivables allowances 843 — 301 — Deferred compensation 15,567 — 15,643 — Unrepatriated earnings — — 2,826 — Depreciation/amortization 17,434 — — 4,289 Other provisions/accruals 1,657 — 1,555 — Deferred occupancy costs 17,064 15,140 18,690 16,887 Miscellaneous 1,096 — 323 — 65,523 17,432 49,390 21,176 Valuation allowance (7,007 ) — (5,481 ) — Total deferred tax assets and liabilities $ 58,516 $ 17,432 $ 43,909 $ 21,176 The 2020 deferred tax assets and liabilities reflected in the above table have been adjusted to reflect deferred taxes on the gross up of the operating lease right-of-use assets and liabilities as a result of the Company’s adoption of ASU 2016-02 on February 1, 2019. These adjustments have no impact on the total net deferred tax assets and liabilities previously reported or on the Company’s Consolidated Financial Statements. The Company does not believe they are material to the Consolidated Financial Statements. On March 27, 2020, Congress passed the 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 generated a U.S. net operating loss of $20.5 million in fiscal 2021 which will be carried back to prior taxable years. As of January 31, 2021, the Company had U.S. state A valuation allowance is required to be established unless management determines it is more likely than not that the Company will ultimately utilize the tax benefit associated with a deferred tax asset. The Company has foreign valuation allowances of $7.0 million, which are primarily related to net operating loss carryforwards. Management will continue to evaluate the appropriate level of valuation allowance on all deferred tax assets considering such factors as prior earnings history, expected future earnings, carryback and carryforward periods, and tax and business strategies that could potentially enhance the likelihood of realization of the deferred tax assets. The (benefit)/provision for income taxes for the fiscal years ended January 31, 2021, 2020, and 2019 differs from the U.S. federal statutory rate due to the following (in thousands): Fiscal Year Ended January 31, 2021 2020 2019 (Benefit)/provision for income taxes at the U.S. statutory rate $ (29,900 ) $ 12,076 $ 12,964 Lower effective non-U.S. income tax rate (74 ) (1,876 ) (1,303 ) Change in valuation allowance 1,035 404 (2,138 ) Change in liabilities for uncertain tax positions, net (163 ) (375 ) (1,346 ) State and local taxes, net of federal benefit (5,549 ) 800 962 Impact of 2017 Tax Act — (16 ) (7,446 ) GILTI, net of foreign tax credits — 2,703 116 Foreign-derived intangible income — — (918 ) Impairment of goodwill and intangible assets 11,694 — — Impact of CARES Act (10,231 ) — — Other permanent differences 1,220 910 (1,075 ) Other, net 780 498 346 Total (benefit)/provision for income taxes $ (31,188 ) $ 15,124 $ 162 The effective tax rate for fiscal 2021 was 21.9%, and differed from the U.S. statutory tax rate of 21.0% primarily due to the CARES Act NOL Carryback Provision and related tax effects, and U.S. state net operating loss carryforwards generated in the current fiscal year, partially offset by impairments of the portion of goodwill of the Watch and Accessory Brands reporting unit which is not tax deductible. The effective tax rate for fiscal 2020 was 26.3%, and differed from the U.S. statutory tax rate of 21.0% primarily due to a limitation on a portion of the foreign tax credits related to the GILTI tax. The effective tax rate for fiscal 2019 was 0.3%, and differed from the U.S. statutory tax rate of 21.0% primarily due to the impact of the 2017 Tax Act and the release of certain foreign valuation allowances. Tax incentives have been granted to the Company for an entity located in Switzerland as a result of the Federal Act on Tax Reform and AHV Financing (“TRAF”). TRAF introduced two transition methods to provide relief to companies which had an expiring preferential tax regime: the dual rate method and the step-up method. The Company adopted the dual rate method which allows a reduction in the cantonal statutory tax rate through 2025 which does not have a material impact on the Company’s earnings per share. A shortfall tax expense of $0.7 million and a windfall tax benefit of $0.1 million and $0.1 million were recorded in income tax (benefit)/expense during fiscal years 2021, 2020 and 2019, respectively. The Company conducts business globally and, as a result, is subject to income taxes in the U.S. federal, state, local and foreign jurisdictions. In the normal course of business, the Company is subject to examinations by taxing authorities in many countries, such as Germany, Hong Kong, Switzerland and the United States. The Company is no longer subject to income tax examination for years ended prior to January 31, 2017, with few exceptions. A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (exclusive of interest) for the fiscal years ended January 31, 2021, 2020 and 2019 are as follows (in thousands): 2021 2020 2019 Beginning balance $ 826 $ 1,351 $ 2,354 Tax positions taken in the current year 204 106 234 Tax positions taken in prior years (26 ) (125 ) (774 ) Lapse of statute of limitations (119 ) (114 ) (122 ) Settlements - (389 ) (236 ) Non-U.S. currency exchange fluctuations 16 (3 ) (105 ) Ending balance $ 901 $ 826 $ 1,351 Included in the balances at January 31, 2021, January 31, 2020 and January 31, 2019 are $0.8 million, $0.8 million and $1.2 million, of unrecognized tax benefits which would impact the Company’s effective tax rate, if recognized. As of January 31, 2021, January 31, 2020 and January 31, 2019, the Company had $ 0.4 million, $ 0.5 million and $ 0.7 million, respectively of accrued interest (net of tax benefit) and penalties related to unrecognized tax benefits. During fiscal years 2021, 2020 and 2019, the Company accrued $ 0.0 million, $ 0.1 million and $ 0.0 million of interest (net of tax benefit) and penalties. The Company does not anticipate any significant increases or decreases to unrecognized tax benefits during the next twelve months. At January 31, 2021, the Company had no deferred tax liability for the undistributed foreign earnings of approximately $221.2 million because the Company intends to permanently reinvest 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.

Treasury Stock

Treasury Stock	12 Months Ended
	Jan. 31, 2021
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. This authorization expired on August 29, 2020. During fiscal 2021, the Company did not repurchase any shares of its common stock. On March 25, 2021, the Board approved a share repurchase program under which the Company is authorized to purchase up to $25.0 million of its outstanding common stock from time to time, depending on market conditions, share price and other factors. Under this share repurchase program, the Company is permitted to purchase shares of its common stock through open market purchases, repurchase plans, block trades or otherwise. This authorization expires on September 30, 2022. During the fiscal year ended January 31, 2021, the Company did not repurchase shares of its common stock under the repurchase program. During the fiscal year ended January 31, 2020, the Company repurchased a total of 131,402 shares of its common stock at a total cost of $4.2 million, or an average of $31.96 per share. During the fiscal year ended January 31, 2019, the Company repurchased a total of 200,088 shares of its common stock at a total cost of $7.4 million, or an average of $37.08 per share. There were 49,283, 43,414 and 21,733 shares of common stock repurchased during the fiscal years ended January 31, 2021, 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	12 Months Ended
	Jan. 31, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive Income	NOTE 16 – ACCUMULATED OTHER COMPREHENSIVE INCOME The accumulated balances at January 31, 2021, 2020 and 2019, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): 2021 2020 2019 Foreign currency translation adjustments $ 93,166 $ 85,345 $ 80,808 Available-for-sale securities 124 124 119 Unrecognized prior service cost related to defined benefit pension plan (344 ) (367 ) (420 ) Net actuarial loss related to defined benefit pension plan (406 ) (52 ) — Total accumulated other comprehensive income $ 92,540 $ 85,050 $ 80,507 Amounts reclassified from accumulated other comprehensive income (loss) to operating (loss) income in the Consolidated Statements of Operations during fiscal 2021, 2020 and 2019 were $0, $0 and $0.4 million, respectively.

Revenue

Revenue	12 Months Ended
	Jan. 31, 2021
Revenue From Contract With Customer [Abstract]
Revenue	NOTE 17 – REVENUE On February 1, 2018, the Company adopted ASC 606 using the modified retrospective method and recognized the cumulative effect of initially applying the new revenue standard as an adjustment to opening retained earnings. Under the modified retrospective method, the Company recognized a reduction of $0.7 million to opening retained earnings as the cumulative effect of adopting the new revenue standard. This adjustment did not have a material impact on the Company’s Consolidated Financial Statements. Results for reporting periods beginning after February 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted. The impact from the adoption of ASC 606 related principally to the timing of the recognition of markdowns and returns in the Company’s Watch and Accessory Brands segment. For a discussion of revenue recognition, please see “Critical Accounting Policies and Estimates” in Item 7 (Management’s Discussion and Analysis of Financial Condition and Results of Operations). 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). Fiscal Year Ended January 31, 2021 Fiscal Year Ended January 31, 2020 Fiscal Year Ended January 31, 2019 Customer Type Wholesale $ 369,031 $ 530,140 $ 532,565 Direct to consumer 134,952 166,877 142,439 After-sales service 2,414 3,949 4,563 Net Sales $ 506,397 $ 700,966 $ 679,567 The Company’s revenues 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 20 Segment and Geographic Information). Wholesale Revenue The Company’s wholesale revenue consists primarily of revenues from independent distributors, department stores, chain stores, independent jewelry stores and third-party e-commerce retailers. 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. Transfer of control passes to wholesale customers upon shipment or upon receipt depending on the agreement with the customer and shipping terms. 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 20 – 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, online retailers (Company’s owned and wholesale customers’ e-commerce websites), concession stores and consumer repairs. 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. Control passes to outlet store customers at the time of sale and to substantially all e-commerce upon shipment. Prior to January 1, 2021, the requirements for recognizing revenue for all e-commerce were met upon delivery to the customer. 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, online retailers 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 20 – 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	12 Months Ended
	Jan. 31, 2021
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 become 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 fiscal year ended January 31, 2021. There were no stock options granted during the fiscal years ended Fiscal Year Ended January 31, 2021 Expected volatility 50.66 % Expected life in years 6.0 Risk-free interest rates 0.39 % Dividend rate 4.07 % Weighted average fair value per option at date of grant $ 4.86 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 fiscal years ended January 31, 2021, 2020 and 2019 was $0.3 million, The following table summarizes the Company’s stock option plan as of January 31, 2021 and changes during each of the fiscal years in the three-year period ended January 31, 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, 2018 (394,455 options exercisable) 761,701 $ 29.12 Granted — — Exercised (189,941 ) $ 30.77 Cancelled (5,500 ) $ 42.12 Options outstanding at January 31, 2019 (264,244 options exercisable) 566,260 $ 28.43 Granted — — Exercised (5,150 ) $ 30.36 Cancelled — — Options outstanding at January 31, 2020 (399,905 options exercisable) 561,110 $ 28.41 $23.35-$42.12 5.2 $ - Granted 550,000 $ 15.25 $12.42-$16.87 Exercised — — — Cancelled — — — Options outstanding at January 31, 2021 1,111,110 $ 21.90 $12.42-$42.12 6.9 $ 2,975 Exercisable at January 31, 2021 561,110 $ 28.41 4.2 $ - Expected to vest at January 31, 2021 474,623 $ 15.20 9.7 $ 2,590 The table below presents information related to stock option activity for the years ended January 31, 2021, 2020 and 2019: Fiscal Year Ended January 31, 2021 2020 2019 (in thousands) Total fair value of stock options exercised $ - $ 63 $ 1,912 Total fair value of stock options vested $ 1,475 $ 1,621 $ 803 Non-vested Stock Options A summary of the Company’s non-vested stock options at January 31, 2021 and changes during fiscal 2021 are presented below: Shares Weight Average Grant Date Fair Value Non-vested stock options: Non-vested at January 31, 2020 161,205 $ 9.15 Granted 550,000 $ 4.86 Vested (161,205 ) $ 9.15 Non-vested at January 31, 2021 550,000 $ 4.86 Stock Awards: Under the Plan, the Company can also grant stock awards to employees and directors. For fiscal years 2021, 2020 and 2019, compensation expense for stock awards was $5.1 million ($0.4 is included in the Restructuring Plan of the corporate initiatives), Transactions for stock awards under the Plan since fiscal 2018 are summarized as follows: Number of Stock Award Units Weighted- Average Grant Date Fair Value Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value ($(000's) Units outstanding at January 31, 2018 342,770 $ 26.07 Units granted 228,310 $ 39.22 Units vested (112,170 ) $ 27.60 Units forfeited (11,888 ) $ 30.82 Units outstanding at January 31, 2019 447,022 $ 32.27 Units granted 274,133 $ 32.47 Units granted adjustment for fiscal year 2019 grants (a) 20,409 $ 39.95 Units granted adjustment for fiscal year 2020 grants (b) (73,067 ) $ 32.91 Units vested (151,448 ) $ 29.27 Units forfeited (26,810 ) $ 34.80 Units outstanding at January 31, 2020 490,239 $ 33.50 Units granted 171,229 $ 13.30 Units vested (212,070 ) $ 26.05 Units forfeited (33,404 ) $ 31.20 Units outstanding at January 31, 2021 415,994 $ 29.17 1.3 $ 8,594 (a) Grant adjustment made due to exceeding the fiscal 2019 financial goal. (b) Grant adjustment made due to not reaching the fiscal 2020 financial goal. 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 fiscal 2021, 2020 and 2019 was $5.5 million, $4.4 million and $3.1 million, respectively. There were 49,283, 43,414 and 21,733 shares of common stock of the Company tendered by the employee for the payment of the employee’s withholding tax obligation totaling $0.5 million, $1.4 million and $0.9 million during the fiscal years ended January 31, 2021, 2020 and 2019, respectively. Unvested stock award units had a total fair value of $12.1 million, $16.4 million and $14.3 million, for fiscal 2021, 2020 and 2019, respectively. The shortfall tax expense on the vested stock awards for fiscal 2021 was $0.7 million. The number of shares issued related to the remaining stock awards are established at grant date.

Pension and Retirement Savings

Pension and Retirement Savings Plan	12 Months Ended
	Jan. 31, 2021
Compensation And Retirement Disclosure [Abstract]
Pension and Retirement Savings Plan	NOTE 19 – PENSION AND RETIREMENT SAVINGS PLAN Defined Contribution Plans 401(k) Savings Plan All employees in the United States are eligible to participate in the Company’s Employee Savings and Investment Plan (“401(k) Plan”), a tax-qualified defined contribution retirement savings plan. The Company matches 50% of each 1% contributed by the employee up to a maximum of 6% of pay (totaling a company maximum match of 3%), subject to the contribution limits imposed by the Internal Revenue Code. Employees vest in the Company match after three years of service. In fiscal 2021, 2020 and 2019, the Company contributed $ 0.3 million, $ 1.3 million and $ 1.1 million, respectively, in cash to the 401(k) Plan. The decrease in fiscal 2021 is due to the Company’s temporary suspension in the Company match from April 2020 to the end of fiscal 2021 in response to the COVID-19 pandemic. The Company match resumed in the first quarter of fiscal 2022. Other Defined Contribution Plans The Company sponsors defined contribution benefit plans for its employees located in Switzerland (prior to amendment effective December 31, 2018 – see below for discussion) Asia and the United Kingdom. Company contributions and expenses of administering the plans were $0.6 million, $0.9 million and $0.6 million in fiscal 2021, 2020 and 2019, respectively. The Company maintains a defined contribution Deferred Compensation Plan (also known as a supplemental employee retirement plan or SERP). The SERP provides eligible executives with supplemental retirement benefits in addition to amounts received under the Company’s other retirement plans. The Company makes a matching contribution, up to either 5% or 10% of the executive’s salary, which vests in equal annual installments over five years. Twenty percent of the Company’s matching contribution is in the form of rights to the Company’s common stock. During fiscal 2021, 2020 and 2019, the Company recorded expenses related to the SERP of $0.9 million ($0.5 million is included in the Restructuring Plan of the corporate initiatives), $0.6 million and $0.7 million, respectively. The Company temporarily suspended the matching contribution from April 2020 to the end of fiscal 2021 in response to the COVID-19 pandemic. The Company matches resumed in the first quarter of 2022. Defined Benefit Plan The Company sponsors a plan in Switzerland which was amended to a defined benefit plan effective December 31, 2018. The plan covers certain international employees and is based on years of service and compensation on a career-average pay basis. The components of the net periodic pension costs for the fiscal years ended January 31, 2021, 2020 and 2019 are as follows: (Amounts in thousands) 2021 2020 2019 Service cost $ 1,274 $ 1,121 $ 93 Interest cost - 300 25 Expected return on assets (372 ) (205 ) (25 ) Actuarial gain recognized due to partial settlement (43 ) - - Amortization of prior service costs 73 68 6 Net Periodic Pension Cost $ 932 $ 1,284 $ 99 The other components of the net periodic pension costs, expected return on assets, actuarial gain recognized and the amortization of the prior service costs, are all included in other income in fiscal 2021 in the consolidated statement of operations, while the amounts in fiscal 2020 and 2019, including interest cost, are included in selling, general and administrative expenses in the consolidated statement of operations due to the immateriality of the amounts . During fiscal 2021, the settlements, including lump sum payments, exceeded the sum of the current service cost and interest cost components. Because only a portion of the benefit obligation is settled, the Company recognized in fiscal 2021 a pro rata portion of the unamortized net gain in the net periodic pension cost as a reduction of other components of the net periodic pension cost. The estimated prior service cost that will be amortized from accumulated other comprehensive income into net periodic pension cost in the fiscal year ended January 31, 2022 is $0.1 million. A reconciliation of the change in benefit obligation, the change in plan assets and the net amount recognized in the consolidated balance sheets shown below (based on a January 31 measurement date): (Amounts in thousands) 2021 2020 Change in benefit obligation: Pension benefit obligation at beginning of period $ 24,813 $ 33,754 Service cost 1,274 1,121 Interest cost - 300 Benefit and expense payments (2,551 ) (2,996 ) Employee contributions 791 818 Settlements - (10,022 ) Actuarial losses 240 1,032 Foreign currency exchange rate impact 2,016 806 Pension benefit obligation at end of year 26,583 24,813 Change in plan assets: Fair value of plan assets at beginning of period $ 24,227 $ 33,223 Company contributions 1,187 1,229 Benefit and expense payments (2,551 ) (2,996 ) Actual return on plan assets 220 1,187 Employee contributions 791 818 Settlements - (10,022 ) Foreign currency exchange rate impact 1,963 788 Fair value of plan assets at end of year 25,837 24,227 Funded status - consolidated $ (746 ) $ (586 ) Amounts recognized in the consolidated balance sheets consist of: Other non-current liabilities $ 746 $ 586 Amounts recognized in accumulated other comprehensive (loss): Prior service cost 448 484 Net actuarial loss 511 52 Tax effect (209 ) (117 ) Net amount recognized, after tax $ 750 $ 419 Accumulated benefit obligation $ 26,390 $ 24,621 Investment Policy: It is the objective of the plan sponsor to maintain an adequate level of diversification to balance market risk, to prudently invest to preserve capital and to provide sufficient liquidity while maximizing earnings for near-term payments of benefits accrued under the plan and to pay plan administrative expenses. The assumption used for the expected long-term rate of return on plan assets is based on the long-term expected returns for the investment mix of assets currently in the portfolio. Historical return trends for the various asset classes in the class portfolio are combined with current and anticipated future market conditions to estimate the rate of return for each class. These rates are then adjusted for anticipated future inflation to determine estimated nominal rates of return for each class. The assets 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 weighted‑average assumptions that were used to determine the Company’s benefit obligations as of the measurement date (January 31) were as follows: 2021 2020 2019 Discount rate 0.00 % 0.00 % 0.90 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 1.50 % 0.90 % The discount rates used are based on high quality AAA- and AA-rated corporate bonds with durations corresponding to the expected durations of the benefit obligations and service time. The weighted‑average assumptions that were used to determine the Company’s net periodic pension cost were as follows: 2021 2020 2019 Discount rate 0.00 % 0.90 % 0.90 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 0.90 % 0.90 % The overall expected long-term rate of return on plan assets is a weighted-average expectation based on the targeted portfolio composition. Historical experience and current benchmarks are considered to arrive at expected long-term rates of return in each asset category. The Company expects the following benefit payments to be paid out for the fiscal years indicated. The expected benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at January 31, 2021 and include estimated future employee service. The Company does not expect any plan assets to be returned to it during the fiscal year ending January 31, 2022. Payments from the pension plan are made from the plan assets. Fiscal Year ending January 31, (in thousands) 2022 $ 251 2023 238 2024 413 2025 291 2026 283 2027-2031 2,269 During fiscal 2022, the Company expects to contribute $1.1 million to its Swiss defined benefit plan.

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
	Jan. 31, 2021
Segment Reporting [Abstract]
Segment and Geographic Information	NOTE 20 – SEGMENT AND GEOGRAPHIC INFORMATION The Company follows accounting guidance related to disclosures about segments of an enterprise and related information. This guidance requires disclosure of segment data based on how management makes decisions about allocating resources to segments and measuring their performance. 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 make 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 37.4%, 7.3%, 6.6% and 6.3%, respectively, of the Company’s total net sales for fiscal 2021. For fiscal 2020, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 33.4%, 9.0%, 7.9% and 6.6%, respectively, of the Company’s total net sales. For fiscal 2019, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 31.6%, 8.8%, 7.7% and 6.5%, respectively, of the Company’s total net sales. A vast majority of the Company’s tangible International assets are owned by the Company’s Swiss and Hong Kong subsidiaries. Operating Segment Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales 2021 2020 2019 Watch and Accessory Brands: Owned brands category $ 178,173 $ 257,954 $ 263,904 Licensed brands category 262,367 344,681 320,911 After-sales service and all other 6,822 9,763 11,061 Total Watch and Accessory Brands 447,362 612,398 595,876 Company Stores 59,035 88,568 83,691 Consolidated total $ 506,397 $ 700,966 $ 679,567 Operating (Loss)/Income (1) (2) (3) (4) (5) 2021 2020 2019 Watch and Accessory Brands $ (152,662 ) $ 29,529 $ 45,194 Company Stores 10,535 13,462 17,003 Consolidated total $ (142,127 ) $ 42,991 $ 62,197 Total Assets Capital Expenditure 2021 (9) 2020 2021 2020 2019 Watch and Accessory Brands $ 659,681 $ 782,339 $ 2,909 $ 7,616 $ 6,508 Company Stores 59,576 64,969 109 5,097 4,127 Consolidated total $ 719,257 $ 847,308 $ 3,018 $ 12,713 $ 10,635 Depreciation and Amortization 2021 2020 2019 Watch and Accessory Brands $ 11,462 $ 14,013 $ 12,446 Company Stores 2,650 2,368 1,719 Consolidated total $ 14,112 $ 16,381 $ 14,165 Geographic Location Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales (6) Operating (Loss) / Income (1) (2) (3) (4) (5) (7) (8) 2021 2020 2019 2021 2020 2019 United States $ 214,818 $ 302,426 $ 308,420 $ (128,430 ) $ (22,719 ) $ (3,856 ) International 291,579 398,540 371,147 (13,697 ) 65,710 66,053 Consolidated total $ 506,397 $ 700,966 $ 679,567 $ (142,127 ) $ 42,991 $ 62,197 Total Assets Property, Plant and Equipment, Net 2021 (10) 2020 2021 2020 United States $ 352,517 $ 425,018 $ 14,792 $ 18,852 International 366,740 422,290 7,557 10,386 Consolidated total $ 719,257 $ 847,308 $ 22,349 $ 29,238 (1) Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture. (2) Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $8.0 million and $4.6 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. (3) Fiscal 2021 and 2020 operating loss in the United States locations of the Watch and Accessory Brands segment included $1.6 million and $4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. In the United States locations of the Watch and Accessory Brands segment for fiscal 2019 operating loss included $14.4 million of expenses primarily related to transaction costs , the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments as a result of the Company’s acquisition of the MVMT brand. (4) Fiscal 2021, 2020 and 2019 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $2.7 million, $2.8 million and $2.9 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. (5) Fiscal 2020 and 2019 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $0.3 million for both periods due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives. (6) The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively. (7) The United States operating loss included $29.1 million, $29.0 million and $43.5 million of unallocated corporate expenses for the fiscal years ended January 31, 2021, 2020 and 2019, respectively. (8) The International operating (loss)/income included $63.0 million, $73.3 million and $53.8 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2021, 2020 and 2019, respectively. (9) The decrease in t otal assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to (10) The decrease in the United States total assets at January 31, 2021 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 January 31, 2021 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million (see Note 6 – Goodwill and Intangible Assets).

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Jan. 31, 2021
Valuation And Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	Schedule II MOVADO GROUP, INC. VALUATION AND QUALIFYING ACCOUNTS (In thousands) Description Balance at beginning of year Net (benefit) / provision charged to operations Currency revaluation Net write-offs Balance at end of year Year ended January 31, 2021: Doubtful accounts $ 5,643 $ 1,331 $ 316 $ (248 ) $ 7,042 Returns 13,280 31,892 325 (31,596 ) 13,901 Other sales allowances 8,801 6,189 251 (7,087 ) 8,154 Deferred tax asset valuation allowance 5,481 1,644 538 (656 ) 7,007 Total $ 33,205 $ 41,056 $ 1,430 $ (39,587 ) $ 36,104 Year ended January 31, 2020: Doubtful accounts $ 5,492 $ 734 $ 69 $ (652 ) $ 5,643 Returns 13,034 31,232 71 (31,057 ) 13,280 Other sales allowances 7,380 12,612 9 (11,200 ) 8,801 Deferred tax asset valuation allowance 5,257 516 (169 ) (123 ) 5,481 Total $ 31,163 $ 45,094 $ (20 ) $ (43,032 ) $ 33,205 Year ended January 31, 2019: Doubtful accounts $ 4,181 $ 2,104 $ (257 ) $ (536 ) $ 5,492 Returns 12,359 32,710 (1) (691 ) (31,344 ) 13,034 Other sales allowances 7,344 9,383 20 (9,367 ) 7,380 Deferred tax asset valuation allowance 8,960 (2,199 ) (319 ) (1,185 ) 5,257 Total $ 32,844 $ 41,998 $ (1,247 ) $ (42,432 ) $ 31,163 (1) On February 1, 2018, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) using the modified retrospective method and recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening retained earnings. Under the modified retrospective method, the Company recognized in part an increase in reserve for returns with a corresponding reduction of approximately $817,000 to opening retained earnings as the cumulative effect of adopting the new revenue standard.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 31, 2021
Accounting Policies [Abstract]
Organization and Business	Organization and Business Movado Group, Inc. (together with its subsidiaries, the “Company”) designs, sources, markets and distributes quality watches with prominent brands across most price categories of the watch industry. In fiscal 2021, the Company marketed the following distinct brands of watches: Movado, Concord, Ebel, Olivia Burton, Coach, Tommy Hilfiger, Hugo Boss, Lacoste and Scuderia Ferrari. On October 1, 2018, the Company acquired all the outstanding equity interests of MVMT Watches, Inc., the owner of the MVMT global aspirational lifestyle brand (“MVMT”). The Company also designs, sources, markets and distributes jewelry and other accessories under certain of its brands. Movado (with the exception of certain Movado collections, including Movado BOLD), Ebel and Concord watches are manufactured in Switzerland by independent third-party assemblers using Swiss movements and other parts sourced by the Company’s Swiss operations. Movado smart watches include connected technology licensed from third parties that also provide end users with the necessary applications and cloud services. All of the Company’s products are manufactured using components obtained from third party suppliers. Certain Movado collections of watches, including Movado BOLD, are manufactured by independent contractors in Asia using Swiss movements. Coach, Hugo Boss, Lacoste, Olivia Burton, MVMT, Scuderia Ferrari and Tommy Hilfiger watches are manufactured by independent contractors in Asia and the licensed brands smart watches include connected technology licensed from a third party. The Company’s jewelry and other accessories are manufactured by independent contractors in Asia and, to a lesser extent, the United States. In addition to its sales to trade customers and independent distributors, the Company sells directly to consumers via its e-commerce platforms and also operates 45 retail outlet locations throughout the United States and two in Canada, through which it sells current and discontinued models and factory seconds of all of the Company’s watches.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany transactions and balances have been eliminated. To the extent a subsidiary is not wholly-owned, any related noncontrolling interests are included as a separate component of Shareholders’ Equity.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. These estimates and assumptions are based on management’s best estimates and judgment. On an on-going basis, the Company evaluates its estimates and judgement. These estimates include accounting for sales discounts, returns, allowances and incentives, warranties, income taxes, depreciation, amortization, inventory write-downs, stock-based compensation, pensions, contingencies and impairments. Actual results could differ from those estimates.
Translation of Foreign Currency Financial Statements and Foreign Currency Transactions	Translation of Foreign Currency Financial Statements and Foreign Currency Transactions The financial statements of the Company’s international subsidiaries have been translated into United States dollars by translating balance sheet accounts at year-end exchange rates and the weighted average exchange rate for each period for revenues, expenses, gains, losses and cash flows. Foreign currency transaction gains and losses are charged or credited to earnings as incurred. Foreign currency translation gains and losses are reflected in the equity section of the Company’s consolidated balance sheets in Accumulated Other Comprehensive Income.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash equivalents include all highly liquid investments with original maturities at date of purchase of three months or less. Restricted cash is comprised of cash or cash equivalents which has been placed into an account that is restricted for a specific use and from which the Company cannot withdraw the cash on demand.
Trade Receivables	Trade Receivables Trade receivables as shown on the consolidated balance sheets are net of various allowances. In the first quarter of fiscal 2021, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13). As a result of adoption, the Company replaced its methodology in determining the allowance for doubtful accounts which was based on an analysis of the aging of accounts receivable, assessments of collectability based on historical trends, the financial condition of the Company’s customers and an evaluation of economic conditions with a methodology that reflects expected credit losses and requires the use of a forward-looking expected credit loss rate for its trade accounts receivables. The adoption had no material impact on the Company’s Consolidated Financial Statements. The Company writes off uncollectible trade receivables once collection efforts have been exhausted and third parties confirm the balance is not recoverable. The Company’s trade customers include department stores, jewelry store chains, independent jewelers and online retailers. All of the Company’s watch brands are also marketed outside the U.S. through a network of independent distributors. Accounts receivable are stated net of doubtful accounts, returns and allowances of $26.8 million, $25.5 million, and $23.8 million at January 31, 2021, 2020 and 2019, respectively. Additionally, $2.4 million, $2.2 million and $2.2 million of receivables and allowances were recorded in non-current assets as of January 31, 2021, 2020 and 2019, respectively. Accounts receivable are also stated net of co-operative advertising allowances of $3.8 million, $8.6 million, and $9.4 million at January 31, 2021, 2020, and 2019, respectively. Co-operative advertising allowances are credits taken by the customer at a future date on previously executed co-operative advertising. The Company’s concentrations of credit risk arise primarily from accounts receivable related to trade customers during the peak selling seasons. The Company has significant accounts receivable balances due from major national chain and department stores. The Company’s results of operations could be materially adversely affected in the event any of these customers or a group of these customers defaulted on all or a significant portion of their obligations to the Company as a result of financial difficulties. As of January 31, 2021, except for those accounts provided for in the allowance for doubtful accounts, the Company knew of no situations with any of the Company’s major customers which would indicate any such customer’s inability to make its required payments. No single customer accounted for more than 10% 10%
Inventories	Inventories The Company values its inventory at the lower of cost or net realizable value. Cost is determined using the average cost method. The Company performs reviews of its on-hand inventory to determine amounts, if any, of inventory that is deemed discontinued, excess, or unsaleable. Inventory classified as discontinued, together with the related component parts which can be assembled into saleable finished goods, is sold primarily through the Company’s retail outlet locations.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment, including computer software, are stated at cost less accumulated depreciation. The Company capitalizes certain computer software costs after technological feasibility has been established. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets. The cost of property, plant and equipment and related depreciation and amortization are removed from the accounts upon the disposition or retirement of such assets and the resulting gain or loss is reflected in operating income.
Goodwill	Goodwill At the time of an acquisition, in accordance with applicable guidance, the Company records all acquired net assets at their estimated fair values. These estimated fair values are based on management’s assessments and independent third-party appraisals. The excess of the purchase consideration plus the fair value of any noncontrolling interest in the acquired company over the aggregate estimated fair values of the acquired net assets, including any contingent consideration, is recorded as goodwill. Goodwill is not amortized but is assessed for impairment at least annually on November 1 st The quantitative impairment test is performed to measure the amount of impairment loss, if any. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of each reporting unit with its carrying value, including goodwill. If a reporting unit’s carrying amount exceeds its fair value, the Company will record an impairment charge, as an operating expense item, based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. Determination of the fair value of a reporting unit and the fair value of individual assets and liabilities of a reporting unit is based on management’s assessment, including the consideration of independent third-party appraisals when necessary. Furthermore, this determination is subjective in nature and involves the use of significant estimates and assumptions. These estimates and assumptions could have a significant impact on whether or not an impairment charge is recognized and the amount of any such charge. Estimates of fair value are primarily determined using discounted cash flows, market comparisons, and recent transactions. These approaches use significant estimates and assumptions, including projected future cash flows, discount rates, growth rates, and determination of appropriate market comparisons. The Company performs its annual impairment assessment of goodwill at the beginning of the fourth quarter of each fiscal year. The Company determined that there was no impairment in fiscal 2020. 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. 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 and assumptions used in the discounted cash flows model included the Company’s discount rate, revenue growth rates, EBIT margins and long-term growth rate. 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
Intangibles	Intangibles Intangible assets consist primarily of trade names, customer relationships and trademarks. In accordance with applicable guidance, the Company estimates and records the fair value of purchased intangible assets at the time of their acquisition. The fair values of these intangible assets are estimated based on independent third-party appraisals. Finite-lived intangible assets are amortized over their respective estimated useful lives, which range from three to ten years, and are evaluated for impairment periodically and whenever events or changes in circumstances indicate that their related carrying values may not be fully recoverable. Estimates of fair value for finite-lived intangible assets are primarily determined using discounted cash flows analysis of such assets, with consideration of market comparisons and recent transactions. This approach uses significant estimates and assumptions, including projected future cash flows, discount rates and growth rates. The Company determined that there was no impairment in fiscal 2020. 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 .
Noncontrolling Interest	Noncontrolling Interest Redeemable noncontrolling interests in subsidiaries that are redeemable for cash or other assets outside of the Company’s control are classified as mezzanine equity, outside of equity and liabilities, at the greater of the carrying value or the redemption value. The increases and decreases in the redemption amount are recorded with corresponding adjustments against the Capital in excess of par value and are reflected in the computation of earnings per share using the two-class method. Noncontrolling interest is recognized as equity in the Company’s consolidated balance sheets and represents ownership interests in the Company’s subsidiaries held by third parties.
Long-Lived Assets	Long-Lived Assets The Company periodically reviews the estimated useful lives of its depreciable assets based on factors including historical experience, the expected beneficial service period of the asset, the quality and durability of the asset and the Company’s maintenance policy including periodic upgrades. Changes in useful lives are made on a prospective basis unless factors indicate the carrying amounts of the assets may not be recoverable and an impairment is necessary. The Company performs an impairment review of its long-lived assets once events or changes in circumstances indicate, in management’s judgment, that the carrying value of such assets may not be recoverable. When such a determination has been made, management compares the carrying value of the asset groups with their estimated future undiscounted cash flows. If it is determined that an impairment has occurred, the fair value of the asset group is determined and compared to its carrying value. The excess of the carrying value over the fair value, if any, is recognized as a loss during that period. The impairment is calculated as the difference between asset carrying values and their estimated fair values. Other than as it relates to intangibles, as described above, no impairment charge was recorded in fiscal 2021 or in fiscal 2020, respectively.
Derivative Financial Instruments	Derivative Financial Instruments The Company accounts for its derivative financial instruments in accordance with the accounting guidance which requires that an entity recognize all derivatives as either assets or liabilities in the consolidated balance sheets and measure those instruments at fair value. A significant portion of the Company’s purchases are denominated in Swiss Francs and, to a lesser extent, the Japanese Yen. The Company also sells to third-party customers in a variety of foreign currencies, most notably the Euro, Swiss Francs and the British Pound. The Company reduces its exposure to the Swiss Franc, Euro, British Pound, Chinese Yuan and Japanese Yen exchange rate risks through a hedging program. Under the hedging program, the Company manages most of its foreign currency exposures on a consolidated basis, which allows it to net certain exposures and take advantage of natural offsets. The earnings impact is mostly offset by the effects of currency movements on the underlying hedged transactions. The Company uses forward exchange contracts, which do not meet the requirements of qualified hedges, to offset its exposure to certain foreign currency receivables and liabilities. These forward contracts are not designated as qualified hedges and, therefore, changes in the fair value of these derivatives are recognized in earnings in the period they arise, thereby offsetting the current earnings effect resulting from the revaluation of the related foreign currency receivables and liabilities. All of the Company’s derivative instruments have liquid markets to assess fair value. The Company does not enter into any derivative instruments for trading purposes.
Revenue Recognition	Revenue Recognition Wholesale revenue is recognized and recorded when a contract is in place, obligations under the terms of a contract with the customer are satisfied and control is transferred to the customer. Such revenue is measured as the ultimate amount of consideration the Company expects to receive in exchange for transferring goods including variable consideration. The Company considers transfer of control passes to the wholesale customer upon shipment or upon receipt depending on the agreement with the customer and shipping terms. Control passes to outlet store customers at the time of sale and to substantially all digital customers upon shipment. Prior to January 1, 2021, the requirement for recognizing revenue for e-commerce was met upon delivery to the customer. Factors considered in the transfer of control include the right to payment, transfer of legal title, physical possession and customer acceptance of the goods and whether significant risks and rewards for the goods belong with the customer. The Company records estimates of variable consideration, which includes sales returns, markdowns, volume-based programs and sales and cash discount allowances as a reduction of revenue in the same period that the sales are recorded. These estimates are based upon the expected value method considering all reasonably available information including historical analysis, customer agreements and/or currently known factors that arise in the normal course of business. Returns, discounts and allowances have historically been within the Company’s expectations and the provisions established. The future provisional rates may differ from those experienced in the past. Taxes imposed by governmental authorities on the Company's revenue-producing activities with customers, such as sales taxes and value added taxes, are excluded from net sales. The Company’s sale of smart watches contains multiple performance obligations. The Company allocates revenue to each performance obligation using the relative standalone selling price method. The Company determines the standalone selling prices based on the prices charged to customers. Amounts allocated to the delivered smart watch collections and the related essential software are recognized at the time of sale. The Company’s smart watch collections have been available in limited quantities and in limited distribution, and, as a result, the amounts related to cloud service and app updates were immaterial to all periods presented and thereby recognized at time of sale. The Company has considered each transaction to sell goods as separate and distinct, with no additional promises made. The Company uses the understanding of what the customer expects to receive as the final product to determine whether goods or services should be combined and accounted for as a single performance obligation. The Company does not incur significant costs to obtain or fulfill its contracts.
Cost of Sales	Cost of Sales Cost of sales of the Company’s products consist primarily of costs for raw materials, component costs, royalties, depreciation, amortization, assembly costs, shipping to customers, design costs and unit overhead costs associated with the Company’s supply chain operations predominately in Switzerland and Asia. The Company’s supply chain operations consist of logistics management of assembly operations and product sourcing predominately in Switzerland and Asia and minor assembly in Switzerland. A majority of the Swiss watch movements used in the manufacture of Movado, Ebel and Concord watches are purchased from two suppliers, one of which is a wholly-owned subsidiary of one of the Company’s competitors. That competitive supplier announced in February 2021 that it will no longer sell mechanical Swiss movements to third parties. Although mechanical movements are only used in a relatively small number of the Company’s watch styles, the elimination of a source of supply could make it more difficult for the Company to satisfy its requirements for mechanical movements.
Selling, General and Administrative ("SG&A") Expenses	Selling, General and Administrative (“SG&A”) Expenses The Company’s SG&A expenses consist primarily of marketing, selling, distribution, general and administrative expenses. Marketing expenditures are based principally on overall strategic considerations relative to maintaining or increasing market share in markets that management considers to be crucial to the Company’s continued success as well as on general economic conditions in the various markets around the world in which the Company sells its products. Marketing expenses include salaries, various forms of media advertising, digital advertising (including social media), customer acquisition costs and co-operative advertising with customers and distributors and other point of sale marketing and promotion spending. Selling expenses consist primarily of salaries, sales commissions, salesforce travel and related expenses, credit card fees, depreciation and amortization, expenses associated with the Company’s annual worldwide customer conference, and other industry trade shows and operating costs incurred in connection with the Company’s retail business. Sales commissions vary with overall sales levels. Retail selling expenses consist primarily of payroll and related expenses and store occupancy costs. Distribution expenses consist of costs of running distribution centers and customer service, and include primarily salaries, rental and other occupancy costs, security, depreciation and amortization of furniture and leasehold improvements and shipping supplies. General and administrative expenses consist primarily of salaries and other employee compensation including performance-based compensation, employee benefit plan costs, office rent, management information systems costs, professional fees, bad debts, depreciation and amortization of furniture, computer software, leasehold improvements, amortization of finite-lived intangible assets, patent and trademark expenses and various other general corporate expenses.
Warranty Costs	Warranty Costs All watches sold by the Company come with limited warranties covering the movement against defects in material and workmanship for periods ranging from two to three years from the date of purchase, with the exception of Tommy Hilfiger watches, for which the warranty period is two to ten years . In addition, the warranty period is five years for the gold plating for Movado watch cases and bracelets. When changes in warranty costs are experienced, the Company will adjust the warranty liability as required. The Company records an estimate for future warranty costs based on historical repair costs. Warranty costs have historically been within the Company’s expectations and the provisions established. If such costs were to substantially exceed estimates, they could have an adverse effect on the Company’s operating results. Warranty liability, included in accrued liabilities in the consolidated balance sheets, and activity for the fiscal years ended January 31, 2021, 2020 and 2019 was as follows (in thousands): 2021 2020 2019 Balance, beginning of year $ 2,634 $ 2,703 $ 3,288 Provision charged to operations 1,760 2,203 2,249 Settlements made (1,983 ) (2,272 ) (2,834 ) Balance, end of year $ 2,411 $ 2,634 $ 2,703
Pre-opening Costs	Pre-opening Costs Marketing and administrative costs associated with the opening of retail stores are expensed in the period incurred.
Marketing	Marketing The Company expenses the production costs of an advertising campaign at the commencement date of the advertising campaign. Included in marketing expenses are costs associated with co-operative advertising, media advertising, digital advertising, customer acquisition costs, production costs, costs of point of sale materials and displays and internal payroll related costs. These costs are recorded as SG&A expenses. The Company participates in co-operative advertising programs on a voluntary basis and receives a “separately identifiable benefit in exchange for the consideration.” Since the amount of consideration paid to the retailer does not exceed the fair value of the benefit received by the Company, these costs are recorded as SG&A expenses as opposed to being recorded as a reduction of revenue. Marketing expense for fiscal 2021, 2020 and 2019 was $85.5 million, $135.3 million and $108.2 million, respectively. Included in other current assets and non-current assets in the consolidated balance sheets are the costs of certain prepaid advertising, including principally product displays and point of sale materials and to a lesser extent licensing agreements and sponsorships. Prepaid advertising accounted for in other current assets at January 31, 2021 and 2020, respectively. Prepaid advertising accounted for in other non-current assets at January 31, 2021 and 2020, respectively.
Shipping and Handling Costs	Shipping and Handling Costs Amounts charged to customers for shipping and handling were $1.6 million, $2.5 million and $2.2 million for fiscal years 2021, 2020 and 2019, respectively. The costs related to shipping and handling were $10.0 million, $12.8 million and $9.8 million for fiscal years 2021, 2020 and 2019, respectively. The amounts charged and incurred by the Company related to shipping and handling are included in net sales and cost of goods sold, respectively.
Income Taxes	Income Taxes The Company, under ASC Topic 740, follows the asset and liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax laws and tax rates in each jurisdiction where the Company operates and applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities due to a change in tax rates is recognized in income in the period that includes the enactment date. In addition, the amounts of any future tax benefits are reduced by a valuation allowance to the extent such benefits are not expected to be realized on a more-likely-than-not basis. The Company calculates estimated income taxes in each of the jurisdictions in which it operates. This process involves estimating actual current tax expense along with assessing temporary differences resulting from differing treatment of items for both book and tax purposes. The Company follows guidance for accounting for uncertainty in income taxes. This guidance clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements and prescribes a recognition threshold and measurement standard for the financial statement recognition and measurement of an income tax position taken or expected to be taken in a tax return. This guidance also provides guidance for de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transitions. Interest and penalties, if any, related to unrecognized tax benefits are recorded as income tax expense in the consolidated statement of operations and as deferred tax liabilities in the consolidated balance sheet. The Company elected to account for the tax on GILTI as a period cost and therefore has not recorded deferred taxes related to GILTI.
Earnings Per Share	Earnings Per Share 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): Fiscal Years Ended January 31, 2021 2020 2019 Weighted average common shares outstanding: Basic 23,239 23,123 23,197 Effect of dilutive securities: Stock awards and options to purchase shares of common stock — 174 403 Diluted 23,239 23,297 23,600 For the fiscal years ended January 31, 2021, 2020 and 2019, approximately 904,000, 447,000 and 81,000 respectively, of potentially dilutive common stock equivalents were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. For the fiscal year ended January 31, 2021, the Company also had approximately 110,000 stock options outstanding that could potentially dilute earnings per share in future periods that were excluded from the computation of diluted EPS because their effect would have been anti-dilutive given the net loss during the period.
Stock-Based Compensation	Stock-Based Compensation The Company utilizes the Black-Scholes option-pricing model which requires that certain assumptions be made to calculate the fair value of each option at the grant date. The expected life of stock option grants is determined using historical data and represents the time period during which the stock option is expected to be outstanding until it is exercised. The risk-free interest rate is based on the U.S. treasury note interest rate in effect on the date of grant for the expected life of the stock option. The expected stock price volatility is derived from historical volatility and calculated based on the estimated term structure of the stock option grant. The expected dividend yield is calculated using the Company’s historical average of annualized dividend yields and applied over the expected term of the option. Management monitors stock option exercises and employee termination patterns to estimate forfeitures rates within the valuation model. Separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. In addition to stock options, the Company may also grant stock awards to employees and directors. The stock awards are generally in the form of time-vesting restricted stock unit awards (pursuant to which unrestricted shares of Common Stock are issued to the grantee when the award vests) or performance-based awards (under which vesting occurs only if one or more predetermined financial goals are achieved within the relevant performance period); both are subject to the participant’s continued employment (or board service) with the Company through such vesting date. Stock awards generally are cliff-vested after three years from the date of grant (one year in the case of directors’ awards). The fair value of stock awards is equal to the closing price of the Company’s publicly-traded common stock on the grant date. Compensation expense for all awards is accrued based on the estimated number of instruments for which the requisite service is expected to be rendered as well as awards expected to be paid in cash. This estimate is reflected in the period the stock option and stock awards are either granted or canceled. Expense related to stock options and stock awards compensation is recognized on a straight-line basis over the vesting term.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) consists of net income (loss) attributable to the Movado Group, Inc. and other gains and losses that are not included in net income (loss), but are recorded directly in the consolidated statements of shareholders’ equity, such as the unrealized gains and losses on the translation of the assets and liabilities of the Company’s foreign operations, unrealized gains or losses on available for sale securities and prior service costs and actuarial gains (losses) associated with pension benefits, net of tax, that have not been recognized as components of net periodic benefit cost.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 31, 2021
Accounting Policies [Abstract]
Schedule of Warranty Liability, Included in Accrued Liabilities in Consolidated Balance Sheets and Activity	Warranty liability, included in accrued liabilities in the consolidated balance sheets, and activity for the fiscal years ended January 31, 2021, 2020 and 2019 was as follows (in thousands): 2021 2020 2019 Balance, beginning of year $ 2,634 $ 2,703 $ 3,288 Provision charged to operations 1,760 2,203 2,249 Settlements made (1,983 ) (2,272 ) (2,834 ) Balance, end of year $ 2,411 $ 2,634 $ 2,703
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): Fiscal Years Ended January 31, 2021 2020 2019 Weighted average common shares outstanding: Basic 23,239 23,123 23,197 Effect of dilutive securities: Stock awards and options to purchase shares of common stock — 174 403 Diluted 23,239 23,297 23,600

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Jan. 31, 2021
MVMT Watches, Inc.
Business Acquisition [Line Items]
Summary of Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date	The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 1, 2018, acquisition date (in thousands): Assets Acquired and Liabilities Assumed Fair Value Cash and cash equivalents $ 3,848 Trade receivables 370 Inventories 14,552 Prepaid expenses and other current assets 2,325 Property, plant and equipment 179 Other non-current assets 6,500 Goodwill 77,542 Trade name and other intangibles 28,928 Total assets acquired 134,244 Accounts payable 5,982 Accrued liabilities 9,018 Other non-current liabilities 7,064 Total liabilities assumed 22,064 Total purchase price $ 112,180

Restructuring Provision (Tables

Restructuring Provision (Tables)	12 Months Ended
	Jan. 31, 2021
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 twelve months ended January 31, 2021 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance January 31, 2021 Restructuring Plan: Severance and Employee Related (1) $ — $ 7,331 $ — $ (4,953 ) $ 2,378 Other (2) — 975 (315 ) (609 ) 51 Other Corporate Initiative: Severance and Employee Related — 923 — (923 ) — Inventory (3) — 691 (284 ) — 407 Accounts receivable (4) — 926 — — 926 Other (2) — 1,783 (1,517 ) (247 ) 19 Total $ — $ 12,629 $ (2,116 ) $ (6,732 ) $ 3,781 The following amounts are included in the Consolidated Balance Sheet at January 31, 2021: (1) $2.0 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 Twelve Months Ended January 31, 2021 Provision Watch and Accessory Brands: United States $ 7,994 International 4,635 Total Watch and Accessory Brands 12,629 Total Company Stores — Total Consolidated $ 12,629 Cost of sales $ 735 Selling, general and administrative 11,894 Total $ 12,629

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jan. 31, 2021
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 fiscal years ended January 31, 2021, 2020 and 2019 are as follows (in thousands): Trade names Customer relationships Other (1) Total Weighted Average Amortization Period (in years) 10 6 10 Balance at January 31, 2018 $ 13,096 $ 8,457 $ 1,571 $ 23,124 Acquisition of MVMT 24,700 4,200 28 28,928 Acquisition of City-Time — 1,672 — 1,672 Additions — — 492 492 Amortization (2,126 ) (1,628 ) (597 ) (4,351 ) Foreign exchange impact (899 ) (520 ) (263 ) (1,682 ) Balance at January 31, 2019 34,771 12,181 1,231 48,183 Additions — — 255 255 Amortization (3,723 ) (1,991 ) (377 ) (6,091 ) Foreign exchange impact 27 (36 ) 21 12 Balance at January 31, 2020 31,075 10,154 1,130 42,359 Impairment (18,595 ) (3,570 ) — (22,165 ) Additions — — 164 164 Amortization (1,888 ) (1,656 ) (295 ) (3,839 ) Foreign exchange impact 268 240 54 562 Balance at January 31, 2021 $ 10,860 $ 5,168 $ 1,053 $ 17,081 (1) Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand.
Summary of Estimated Future Amortization Expense	The estimated future amortization expense during each of the next five fiscal years is as follows: For the fiscal year ending January 31, (in thousands) 2022 $ 3,546 2023 3,521 2024 2,612 2025 1,966 2026 1,955 Thereafter 3,481 Total estimated future amortization expense $ 17,081

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jan. 31, 2021
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consisted of the following (in thousands): As of January 31, 2021 2020 Finished goods $ 107,246 $ 125,603 Component parts 40,735 41,708 Work-in-process 4,599 4,095 $ 152,580 $ 171,406

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Jan. 31, 2020
Property Plant And Equipment [Abstract]
Schedule of Property, Plant and Equipment	A summary of the components of property, plant and equipment and their estimated useful lives is as follows (in thousands): As of January 31, 2021 2020 Estimated Useful Lives Land and buildings $ 1,311 $ 1,212 40 years for buildings Furniture and equipment 56,808 56,800 4 to 10 years Computer software 31,323 34,151 5 to 10 years Leasehold improvements 37,957 38,155 Lesser of lease term or useful life Design fees and tooling costs 3,176 2,867 3 years 130,575 133,185 Less: Accumulated depreciation and amortization (108,226 ) (103,947 ) Property, plant and equipment, net $ 22,349 $ 29,238

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jan. 31, 2021
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 January 31, 2021 and 2020 (in thousands): Fair Value at January 31, 2021 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 162 — — 162 SERP assets - employer Other non-current assets 605 — — 605 SERP assets - employee Other non-current assets 46,673 — — 46,673 Defined benefit plan assets (1) Other non-current liabilities — — 25,837 25,837 Total $ 47,624 $ — $ 25,837 $ 73,461 Liabilities: SERP liabilities - employee Other non-current liabilities $ 46,673 $ — $ — $ 46,673 Hedge derivatives Accrued liabilities — 13 — 13 Total $ 46,673 $ 13 $ — $ 46,686 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 (1) 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 (1) See Note 19 for a discussion of the fair value of the assets held in the Company’s defined benefit plan in Switzerland.
Schedule of Change in Level 3 Contingent Purchase Price Liability	The following table presents the change in the Level 3 contingent purchase price liability during the twelve months ended January 31, 2020 and 2019: Fiscal Year Ended January 31, Fiscal Year Ended January 31, (In thousands) 2020 2019 Balance at the beginning of the period $ 16,718 $ — Acquisition of MVMT — 16,500 Payments — — Adjustments included in income before income taxes (15,159 ) — Adjustments to deferred compensation (1,559 ) 218 Ending balance $ — $ 16,718

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jan. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Schedule of Minimum Annual Rentals Under Noncancelable Operating and Finance Leases	Minimum annual rentals under noncancelable operating and finance leases as of January 31, 2021, excluding real estate taxes and operating costs, are as follows (in thousands): Fiscal Year Ending January 31, 2022 $ 18,067 2023 14,829 2024 13,970 2025 11,507 2026 9,441 Thereafter 27,144 $ 94,958

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jan. 31, 2021
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows (in thousands): Lease Expense Consolidated Statements of Operation Location For the Year Ended January 31, 2021 For the Year Ended January 31, 2020 Operating lease expense SG&A $ 18,533 $ 19,301 Short-term lease cost SG&A 601 736 Variable lease cost SG&A 9,051 9,229 Total operating lease expense $ 28,185 $ 29,266 Finance lease cost: Amortization of right-of-use assets SG&A $ 117 $ 117 Interest on lease liabilities Interest expense $ 9 $ 13
Summary of Supplemental Balance Sheet Information for Leases	The following table discloses supplemental balance sheet information for the Company’s leases (in thousands): Leases Consolidated Balance Sheets Location January 31, 2021 January 31, 2020 Assets Operating Operating lease right-of-use assets $ 76,070 $ 89,523 Finance Other non-current assets $ 166 $ 282 Liabilities Current: Operating Current operating lease liabilities $ 15,861 $ 15,083 Finance Accrued liabilities $ 121 $ 117 Noncurrent: Operating Non-current operating lease liabilities $ 68,412 $ 81,877 Finance Other non-current liabilities $ 49 $ 170
Summary of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate	The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases: Lease Term and Discount Rate January 31, 2021 January 31, 2020 Weighted-average remaining lease term - in years Operating leases 6.5 7.4 Finance leases 1.4 2.4 Weighted-average discount rate: Operating leases 3.78 % 3.71 % Finance leases 3.86 % 3.86 %
Schedule of Future Minimum Lease Payments under Topic 842	Future minimum lease payments by year as of January 31, 2021 were as follows (in thousands): Fiscal Year Operating Leases Finance Leases 2022 $ 17,942 $ 125 2023 14,780 49 2024 13,970 - 2025 11,507 - 2026 9,441 - Thereafter 27,144 - Total lease payments $ 94,784 $ 174 Less: Interest (10,511 ) (4 ) Total lease obligations $ 84,273 $ 170
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows (in thousands): Year Ended January 31, 2021 Year Ended January 31, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 19,080 $ 17,637 Operating cash flows from finance leases 9 13 Financing cash flows from finance leases 116 112 Leased assets obtained in exchange for new operating lease liabilities 2,940 9,863 Leased assets obtained in exchange for new financing lease liabilities — 399

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of (Loss)/Income before (Benefit)/Provision for Income Taxes	(Loss)/income before (benefit)/provision for income taxes for the fiscal year ended January 31, 2021, 2020, and 2019 on a legal entity basis consists of the following (in thousands): 2021 2020 2019 U.S. (loss)/income before taxes $ (121,302 ) $ (1,226 ) $ 6,795 Non-U.S. (loss)/income before taxes (21,080 ) 58,729 54,938 (Loss)/income before income taxes $ (142,382 ) $ 57,503 $ 61,733
Schedule of Income Taxes (Benefit) Provision for Continuing Operations	The (benefit) provision for income taxes for the fiscal years ended January 31, 2021, 2020 and 2019 consists of the following components (in thousands): 2021 2020 2019 Current: U.S. Federal $ (21,657 ) $ 558 $ 6,665 U.S. State and Local (703 ) 905 3,556 Non-U.S. 9,464 9,309 8,775 (12,896 ) 10,772 18,996 Deferred: U.S. Federal (11,139 ) 2,337 (12,706 ) U.S. State and Local (6,321 ) 107 (2,339 ) Non-U.S. (832 ) 1,908 (3,789 ) (18,292 ) 4,352 (18,834 ) (Benefit)/provision for income taxes $ (31,188 ) $ 15,124 $ 162
Schedule of Significant Components of Deferred Income Tax Assets and Liabilities	Significant components of the Company’s deferred income tax assets and liabilities for the fiscal years ended January 31, 2021 and 2020 are as follows (in thousands): 2021 Deferred Taxes 2020 Deferred Taxes Assets Liabilities Assets Liabilities Net operating loss carryforwards $ 11,000 $ — $ 7,597 $ — Inventory — 2,292 1,557 — Unprocessed returns 862 — 898 — Receivables allowances 843 — 301 — Deferred compensation 15,567 — 15,643 — Unrepatriated earnings — — 2,826 — Depreciation/amortization 17,434 — — 4,289 Other provisions/accruals 1,657 — 1,555 — Deferred occupancy costs 17,064 15,140 18,690 16,887 Miscellaneous 1,096 — 323 — 65,523 17,432 49,390 21,176 Valuation allowance (7,007 ) — (5,481 ) — Total deferred tax assets and liabilities $ 58,516 $ 17,432 $ 43,909 $ 21,176
Schedule of Income Taxes (Benefit)/Provision for Continuing Operations by Applying U.S. Federal Statutory Rate	The (benefit)/provision for income taxes for the fiscal years ended January 31, 2021, 2020, and 2019 differs from the U.S. federal statutory rate due to the following (in thousands): Fiscal Year Ended January 31, 2021 2020 2019 (Benefit)/provision for income taxes at the U.S. statutory rate $ (29,900 ) $ 12,076 $ 12,964 Lower effective non-U.S. income tax rate (74 ) (1,876 ) (1,303 ) Change in valuation allowance 1,035 404 (2,138 ) Change in liabilities for uncertain tax positions, net (163 ) (375 ) (1,346 ) State and local taxes, net of federal benefit (5,549 ) 800 962 Impact of 2017 Tax Act — (16 ) (7,446 ) GILTI, net of foreign tax credits — 2,703 116 Foreign-derived intangible income — — (918 ) Impairment of goodwill and intangible assets 11,694 — — Impact of CARES Act (10,231 ) — — Other permanent differences 1,220 910 (1,075 ) Other, net 780 498 346 Total (benefit)/provision for income taxes $ (31,188 ) $ 15,124 $ 162
Schedule of Reconciliation of Beginning and Ending Amounts of Gross Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (exclusive of interest) for the fiscal years ended January 31, 2021, 2020 and 2019 are as follows (in thousands): 2021 2020 2019 Beginning balance $ 826 $ 1,351 $ 2,354 Tax positions taken in the current year 204 106 234 Tax positions taken in prior years (26 ) (125 ) (774 ) Lapse of statute of limitations (119 ) (114 ) (122 ) Settlements - (389 ) (236 ) Non-U.S. currency exchange fluctuations 16 (3 ) (105 ) Ending balance $ 901 $ 826 $ 1,351

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Jan. 31, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Component of Accumulated Other Comprehensive Income (Loss)	The accumulated balances at January 31, 2021, 2020 and 2019, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): 2021 2020 2019 Foreign currency translation adjustments $ 93,166 $ 85,345 $ 80,808 Available-for-sale securities 124 124 119 Unrecognized prior service cost related to defined benefit pension plan (344 ) (367 ) (420 ) Net actuarial loss related to defined benefit pension plan (406 ) (52 ) — Total accumulated other comprehensive income $ 92,540 $ 85,050 $ 80,507

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Jan. 31, 2021
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). Fiscal Year Ended January 31, 2021 Fiscal Year Ended January 31, 2020 Fiscal Year Ended January 31, 2019 Customer Type Wholesale $ 369,031 $ 530,140 $ 532,565 Direct to consumer 134,952 166,877 142,439 After-sales service 2,414 3,949 4,563 Net Sales $ 506,397 $ 700,966 $ 679,567

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jan. 31, 2021
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 fiscal year ended January 31, 2021. There were no stock options granted during the fiscal years ended Fiscal Year Ended January 31, 2021 Expected volatility 50.66 % Expected life in years 6.0 Risk-free interest rates 0.39 % Dividend rate 4.07 % Weighted average fair value per option at date of grant $ 4.86
Schedule of Stock Option Plan	The following table summarizes the Company’s stock option plan as of January 31, 2021 and changes during each of the fiscal years in the three-year period ended January 31, 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, 2018 (394,455 options exercisable) 761,701 $ 29.12 Granted — — Exercised (189,941 ) $ 30.77 Cancelled (5,500 ) $ 42.12 Options outstanding at January 31, 2019 (264,244 options exercisable) 566,260 $ 28.43 Granted — — Exercised (5,150 ) $ 30.36 Cancelled — — Options outstanding at January 31, 2020 (399,905 options exercisable) 561,110 $ 28.41 $23.35-$42.12 5.2 $ - Granted 550,000 $ 15.25 $12.42-$16.87 Exercised — — — Cancelled — — — Options outstanding at January 31, 2021 1,111,110 $ 21.90 $12.42-$42.12 6.9 $ 2,975 Exercisable at January 31, 2021 561,110 $ 28.41 4.2 $ - Expected to vest at January 31, 2021 474,623 $ 15.20 9.7 $ 2,590
Schedule of Information Related to Stock Option Activity	The table below presents information related to stock option activity for the years ended January 31, 2021, 2020 and 2019: Fiscal Year Ended January 31, 2021 2020 2019 (in thousands) Total fair value of stock options exercised $ - $ 63 $ 1,912 Total fair value of stock options vested $ 1,475 $ 1,621 $ 803
Schedule of Non-vested Stock Options	A summary of the Company’s non-vested stock options at January 31, 2021 and changes during fiscal 2021 are presented below: Shares Weight Average Grant Date Fair Value Non-vested stock options: Non-vested at January 31, 2020 161,205 $ 9.15 Granted 550,000 $ 4.86 Vested (161,205 ) $ 9.15 Non-vested at January 31, 2021 550,000 $ 4.86
Schedule of Transactions for Restricted Stock Units Under Plan	Transactions for stock awards under the Plan since fiscal 2018 are summarized as follows: 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, 2018 342,770 $ 26.07 Units granted 228,310 $ 39.22 Units vested (112,170 ) $ 27.60 Units forfeited (11,888 ) $ 30.82 Units outstanding at January 31, 2019 447,022 $ 32.27 Units granted 274,133 $ 32.47 Units granted adjustment for fiscal year 2019 grants (a) 20,409 $ 39.95 Units granted adjustment for fiscal year 2020 grants (b) (73,067 ) $ 32.91 Units vested (151,448 ) $ 29.27 Units forfeited (26,810 ) $ 34.80 Units outstanding at January 31, 2020 490,239 $ 33.50 Units granted 171,229 $ 13.30 Units vested (212,070 ) $ 26.05 Units forfeited (33,404 ) $ 31.20 Units outstanding at January 31, 2021 415,994 $ 29.17 1.3 $ 8,594 (a) Grant adjustment made due to exceeding the fiscal 2019 financial goal. (b) Grant adjustment made due to not reaching the fiscal 2020 financial goal.

Pension and Retirement Saving_2

Pension and Retirement Savings Plan (Tables)	12 Months Ended
	Jan. 31, 2021
Compensation And Retirement Disclosure [Abstract]
Components of Net Periodic Pension Costs	The components of the net periodic pension costs for the fiscal years ended January 31, 2021, 2020 and 2019 are as follows: (Amounts in thousands) 2021 2020 2019 Service cost $ 1,274 $ 1,121 $ 93 Interest cost - 300 25 Expected return on assets (372 ) (205 ) (25 ) Actuarial gain recognized due to partial settlement (43 ) - - Amortization of prior service costs 73 68 6 Net Periodic Pension Cost $ 932 $ 1,284 $ 99
Reconciliation of Change in Benefit Obligation, Change in Plan Assets and Net Amount Recognized in Consolidated Balance Sheets	A reconciliation of the change in benefit obligation, the change in plan assets and the net amount recognized in the consolidated balance sheets shown below (based on a January 31 measurement date): (Amounts in thousands) 2021 2020 Change in benefit obligation: Pension benefit obligation at beginning of period $ 24,813 $ 33,754 Service cost 1,274 1,121 Interest cost - 300 Benefit and expense payments (2,551 ) (2,996 ) Employee contributions 791 818 Settlements - (10,022 ) Actuarial losses 240 1,032 Foreign currency exchange rate impact 2,016 806 Pension benefit obligation at end of year 26,583 24,813 Change in plan assets: Fair value of plan assets at beginning of period $ 24,227 $ 33,223 Company contributions 1,187 1,229 Benefit and expense payments (2,551 ) (2,996 ) Actual return on plan assets 220 1,187 Employee contributions 791 818 Settlements - (10,022 ) Foreign currency exchange rate impact 1,963 788 Fair value of plan assets at end of year 25,837 24,227 Funded status - consolidated $ (746 ) $ (586 ) Amounts recognized in the consolidated balance sheets consist of: Other non-current liabilities $ 746 $ 586 Amounts recognized in accumulated other comprehensive (loss): Prior service cost 448 484 Net actuarial loss 511 52 Tax effect (209 ) (117 ) Net amount recognized, after tax $ 750 $ 419 Accumulated benefit obligation $ 26,390 $ 24,621
Weighted-average Assumptions Used to Calculate Benefit Obligations and Net Periodic Pension Cost	The weighted‑average assumptions that were used to determine the Company’s benefit obligations as of the measurement date (January 31) were as follows: 2021 2020 2019 Discount rate 0.00 % 0.00 % 0.90 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 1.50 % 0.90 % The weighted‑average assumptions that were used to determine the Company’s net periodic pension cost were as follows: 2021 2020 2019 Discount rate 0.00 % 0.90 % 0.90 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 0.90 % 0.90 %
Schedule of Expected Benefit Payments of Pension Plans	The Company expects the following benefit payments to be paid out for the fiscal years indicated. The expected benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at January 31, 2021 and include estimated future employee service. The Company does not expect any plan assets to be returned to it during the fiscal year ending January 31, 2022. Payments from the pension plan are made from the plan assets. Fiscal Year ending January 31, (in thousands) 2022 $ 251 2023 238 2024 413 2025 291 2026 283 2027-2031 2,269

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
	Jan. 31, 2021
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales 2021 2020 2019 Watch and Accessory Brands: Owned brands category $ 178,173 $ 257,954 $ 263,904 Licensed brands category 262,367 344,681 320,911 After-sales service and all other 6,822 9,763 11,061 Total Watch and Accessory Brands 447,362 612,398 595,876 Company Stores 59,035 88,568 83,691 Consolidated total $ 506,397 $ 700,966 $ 679,567 Operating (Loss)/Income (1) (2) (3) (4) (5) 2021 2020 2019 Watch and Accessory Brands $ (152,662 ) $ 29,529 $ 45,194 Company Stores 10,535 13,462 17,003 Consolidated total $ (142,127 ) $ 42,991 $ 62,197 Total Assets Capital Expenditure 2021 (9) 2020 2021 2020 2019 Watch and Accessory Brands $ 659,681 $ 782,339 $ 2,909 $ 7,616 $ 6,508 Company Stores 59,576 64,969 109 5,097 4,127 Consolidated total $ 719,257 $ 847,308 $ 3,018 $ 12,713 $ 10,635 Depreciation and Amortization 2021 2020 2019 Watch and Accessory Brands $ 11,462 $ 14,013 $ 12,446 Company Stores 2,650 2,368 1,719 Consolidated total $ 14,112 $ 16,381 $ 14,165
Geographic Segment Data	Geographic Location Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales (6) Operating (Loss) / Income (1) (2) (3) (4) (5) (7) (8) 2021 2020 2019 2021 2020 2019 United States $ 214,818 $ 302,426 $ 308,420 $ (128,430 ) $ (22,719 ) $ (3,856 ) International 291,579 398,540 371,147 (13,697 ) 65,710 66,053 Consolidated total $ 506,397 $ 700,966 $ 679,567 $ (142,127 ) $ 42,991 $ 62,197 Total Assets Property, Plant and Equipment, Net 2021 (10) 2020 2021 2020 United States $ 352,517 $ 425,018 $ 14,792 $ 18,852 International 366,740 422,290 7,557 10,386 Consolidated total $ 719,257 $ 847,308 $ 22,349 $ 29,238 (1) Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture. (2) Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $8.0 million and $4.6 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. (3) Fiscal 2021 and 2020 operating loss in the United States locations of the Watch and Accessory Brands segment included $1.6 million and $4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. In the United States locations of the Watch and Accessory Brands segment for fiscal 2019 operating loss included $14.4 million of expenses primarily related to transaction costs , the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments as a result of the Company’s acquisition of the MVMT brand. (4) Fiscal 2021, 2020 and 2019 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $2.7 million, $2.8 million and $2.9 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. (5) Fiscal 2020 and 2019 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $0.3 million for both periods due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives. (6) The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively. (7) The United States operating loss included $29.1 million, $29.0 million and $43.5 million of unallocated corporate expenses for the fiscal years ended January 31, 2021, 2020 and 2019, respectively. (8) The International operating (loss)/income included $63.0 million, $73.3 million and $53.8 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2021, 2020 and 2019, respectively. (9) The decrease in t otal assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to (10) The decrease in the United States total assets at January 31, 2021 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 January 31, 2021 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million (see Note 6 – Goodwill and Intangible Assets).

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Details)		Oct. 01, 2018USD ($)	Oct. 01, 2018USD ($)	Apr. 30, 2020USD ($)	Jan. 31, 2021USD ($)StoreCustomerSuppliershares	Jan. 31, 2020USD ($)Customershares	Jan. 31, 2019USD ($)Customershares	Jan. 31, 2018USD ($)
Significant Accounting Policies [Line Items]
Maturity date					3 months
Change in accounting principle accounting standards update adopted					true
Change in accounting principle, accounting standards update, immaterial effect					true
Accounting Standards Update [Extensible List]					ASU 2016-13		ASC 606
Accounts receivable, net of doubtful accounts, returns and allowances					$ 26,800,000	$ 25,500,000	$ 23,800,000
Additional accounts receivables and allowances recorded in non-current assets					2,400,000	2,200,000	2,200,000
Accounts receivable net of co operative advertising allowances					3,800,000	8,600,000	9,400,000
Goodwill, impairment charge							0
Goodwill					0	136,366,000
Impairment of intangible assets					22,165,000		0
Long-lived intangible assets					17,081,000	42,359,000	48,183,000	$ 23,124,000
Long-lived assets, impairment charge					$ 0	0
Number of Suppliers | Supplier					2
Marketing expenses					$ 85,500,000	135,300,000	108,200,000
Shipping and handling customers charges	[1]				506,397,000	700,966,000	679,567,000
Shipping, handling and transportation costs					$ 235,898,000	$ 326,077,000	$ 310,209,000
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share | shares					904,000	447,000	81,000
Stock Award Units
Significant Accounting Policies [Line Items]
Stock awards cliff-vested period					3 years
Stock Options
Significant Accounting Policies [Line Items]
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share | shares					110,000
Other Current Assets
Significant Accounting Policies [Line Items]
Prepaid advertising cost					$ 6,600,000	$ 7,500,000
Other Non-Current Assets
Significant Accounting Policies [Line Items]
Prepaid advertising cost					$ 2,600,000	2,500,000
Movado Watch Cases And Bracelets
Significant Accounting Policies [Line Items]
Warranty period					5 years
Shipping and Handling
Significant Accounting Policies [Line Items]
Shipping and handling customers charges					$ 1,600,000	2,500,000	$ 2,200,000
Shipping, handling and transportation costs					10,000,000	12,800,000	9,800,000
ASC 606
Significant Accounting Policies [Line Items]
Contract costs to obtain or fulfill					$ 0
Minimum
Significant Accounting Policies [Line Items]
Warranty period					2 years
Minimum | Tommy Hilfiger Watches
Significant Accounting Policies [Line Items]
Warranty period					2 years
Maximum
Significant Accounting Policies [Line Items]
Warranty period					3 years
Maximum | Tommy Hilfiger Watches
Significant Accounting Policies [Line Items]
Warranty period					10 years
Trademarks and Developed Technology | Minimum
Significant Accounting Policies [Line Items]
Intangible Asset, Useful Life					3 years
Trademarks and Developed Technology | Maximum
Significant Accounting Policies [Line Items]
Intangible Asset, Useful Life					10 years
Trade Names
Significant Accounting Policies [Line Items]
Impairment of intangible assets					$ 18,595,000
Long-lived intangible assets					10,860,000	31,075,000	34,771,000	13,096,000
Customer Relationships
Significant Accounting Policies [Line Items]
Impairment of intangible assets					3,570,000
Long-lived intangible assets				$ 0	5,168,000	10,154,000	12,181,000	$ 8,457,000
Company Stores
Significant Accounting Policies [Line Items]
Goodwill					0
Shipping and handling customers charges					59,035,000	88,568,000	83,691,000
Watch and Accessory Brands
Significant Accounting Policies [Line Items]
Goodwill, impairment charge				133,700,000
Goodwill				0
Impairment of intangible assets				22,200,000
Shipping and handling customers charges					$ 447,362,000	$ 612,398,000	$ 595,876,000
Customer Concentration Risk | Net Sales
Significant Accounting Policies [Line Items]
Number of customer accounted for more than 10% of net sales | Customer					0	0	0
Concentration risk, percentage					10.00%	10.00%	10.00%
Customer Concentration Risk | Account Receivable
Significant Accounting Policies [Line Items]
Concentration risk, percentage					10.00%	10.00%
Number of customer accounted for more than 10% of account receivable | Customer					0	0
United States
Significant Accounting Policies [Line Items]
Number of outlet stores | Store					45
Goodwill, impairment charge					$ 77,500,000
Shipping and handling customers charges	[1]				$ 214,818,000	$ 302,426,000	$ 308,420,000
Canada
Significant Accounting Policies [Line Items]
Number of outlet stores | Store					2
MVMT Watches, Inc.
Significant Accounting Policies [Line Items]
Business acquisition, date of acquisition		Oct. 1, 2018
Goodwill		$ 77,542,000	$ 77,542,000
MVMT Watches, Inc. | Trade Names
Significant Accounting Policies [Line Items]
Intangible Asset, Useful Life			10 years
Long-lived intangible assets				2,400,000
MVMT Watches, Inc. | Customer Relationships
Significant Accounting Policies [Line Items]
Intangible Asset, Useful Life			10 years
Long-lived intangible assets				$ 0
[1]	The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Warranty Liability, Included in Accrued Liabilities in Consolidated Balance Sheets and Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Schedule of warranty liability
Balance, beginning of year	$ 2,634	$ 2,703	$ 3,288
Provision charged to operations	1,760	2,203	2,249
Settlements made	(1,983)	(2,272)	(2,834)
Balance, end of year	$ 2,411	$ 2,634	$ 2,703

Significant Accounting Polici_6

Significant Accounting Policies - Schedule of Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Details) - shares shares in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Weighted average common shares outstanding:
Basic	23,239	23,123	23,197
Effect of dilutive securities:
Stock awards and options to purchase shares of common stock		174	403
Diluted	23,239	23,297	23,600

Impact of the COVID-19 Pandem_2

Impact of the COVID-19 Pandemic - Additional Information (Details) - USD ($)	3 Months Ended				4 Months Ended	12 Months Ended
	Jan. 31, 2021	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Jun. 30, 2020	Jan. 31, 2019	Jan. 31, 2020
Unusual Or Infrequent Item [Line Items]
Outstanding under revolving facility	$ 21,230,000						$ 51,910,000
Impairment charges related to goodwill						$ 0
Covid 19
Unusual Or Infrequent Item [Line Items]
Impairment charges related to goodwill				$ 133,700,000
Impairment charges related to intangible assets				$ 22,200,000
North America | Covid 19
Unusual Or Infrequent Item [Line Items]
Percentage of workforce furloughing					80.00%
Revolving Credit Facility | Covid 19
Unusual Or Infrequent Item [Line Items]
Line of credit facility additional borrowing capacity	30,900,000
Repayment of revolving credit facility	16,800,000	$ 10,900,000	$ 36,800,000
Outstanding under revolving facility	$ 21,200,000

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements - Additional Information (Details)	Jan. 31, 2021
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle accounting standards update adopted	true
Change in accounting principle, accounting standards update, immaterial effect	true
ASU 2019-12
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, early adopted	true
Change in accounting principle, accounting standards update, adoption date	Feb. 1, 2020
Change in accounting principle, accounting standards update, immaterial effect	true
ASU 2018-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle accounting standards update adopted	true
Change in accounting principle, accounting standards update, immaterial effect	true
ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle accounting standards update adopted	true
Change in accounting principle, accounting standards update, adoption date	Feb. 1, 2020
Change in accounting principle, accounting standards update, immaterial effect	true

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) € in Millions, $ in Millions	Nov. 22, 2019USD ($)	Nov. 22, 2019AUD ($)	Dec. 03, 2018USD ($)	Dec. 03, 2018EUR (€)	Oct. 01, 2018USD ($)ContingentPayment	Oct. 01, 2018USD ($)	Jul. 31, 2019USD ($)	Jan. 31, 2021USD ($)	Jan. 31, 2020USD ($)	Jan. 31, 2019USD ($)	Apr. 30, 2020USD ($)
Business Acquisition [Line Items]
Business acquisition, net of cash acquired									$ 639,000	$ 97,882,000
Goodwill								$ 0	136,366,000
Business acquisition, decrease of liability								0	(15,356,000)	0
Watch and Accessory Brands
Business Acquisition [Line Items]
Goodwill											$ 0
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					$ 77,542,000	$ 77,542,000
Amortization of goodwill					15 years
Inventories step-up adjustment						$ 700,000
Inventories step-up adjustment amortization period						5 months
Business combination recognized intangible assets					$ 28,928,000	$ 28,928,000
Business acquisition, non-current liability					16,500,000	16,500,000
Business acquisition, non-current liability allocated to purchase price					14,500,000	14,500,000
Business combination, non-current liability allocated to deferred compensation expense					2,000,000	2,000,000
Business acquisition, liability							$ 1,900,000	0	$ 0
Business acquisition, decrease of liability							(16,900,000)	(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							1,000,000	1,000,000
MVMT Watches, Inc. | Non-operating Income
Business Acquisition [Line Items]
Business acquisition, decrease of liability							$ (15,400,000)	$ (15,400,000)
MVMT Watches, Inc. | Trade Name
Business Acquisition [Line Items]
Business combination recognized intangible assets					24,700,000	$ 24,700,000
Intangible asset amortization period						10 years
MVMT Watches, Inc. | Customer Relationships
Business Acquisition [Line Items]
Business combination recognized intangible assets					4,200,000	$ 4,200,000
Intangible asset amortization period						10 years
MVMT Watches, Inc. | U.S. and International Location | Watch and Accessory Brands
Business Acquisition [Line Items]
Expenses primarily related to acquisition costs, amortization of acquired intangible assets and adjustments in acquisition accounting									$ 4,600,000	$ 14,400,000
MVMT Watches, Inc. | Maximum
Business Acquisition [Line Items]
Business acquisition, additional purchase price future contingent payments before tax benefits					$ 100,000,000

Acquisitions - Summary of Fair

Acquisitions - Summary of Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020	Oct. 01, 2018
Business Acquisition [Line Items]
Goodwill	$ 0	$ 136,366
MVMT Watches, Inc.
Business Acquisition [Line Items]
Cash and cash equivalents			$ 3,848
Trade receivables, net			370
Inventories			14,552
Prepaid expenses and other current assets			2,325
Property, plant and equipment, net			179
Other non-current assets			6,500
Goodwill			77,542
Trade name and other intangibles			28,928
Total assets acquired			134,244
Accounts payable			5,982
Accrued liabilities			9,018
Other non-current liabilities			7,064
Total liabilities assumed			22,064
Total purchase price			$ 112,180

Restructuring Provision - Addit

Restructuring Provision - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2021
Restructuring Cost And Reserve [Line Items]
Restructuring charges	$ 2.1	$ 6.7
Restructuring charges with non-cash use	$ 3.8
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) $ in Thousands	12 Months Ended
	Jan. 31, 2021USD ($)
Restructuring Cost And Reserve [Line Items]
Beginning Balance	$ 0
Provision	12,629
Non-Cash Use	(2,116)
Cash Payments	(6,732)
Ending Balance	3,781
Restructuring Plan | Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance	0	[1]
Provision	7,331	[1]
Non-Cash Use	0	[1]
Cash Payments	(4,953)	[1]
Ending Balance	2,378	[1]
Restructuring Plan | Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance	0	[2]
Provision	975	[2]
Non-Cash Use	(315)	[2]
Cash Payments	(609)	[2]
Ending Balance	51	[2]
Other Corporate Initiative | Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance	0
Provision	923
Non-Cash Use	0
Cash Payments	(923)
Ending Balance	0
Other Corporate Initiative | Inventory
Restructuring Cost And Reserve [Line Items]
Beginning Balance	0	[3]
Provision	691	[3]
Non-Cash Use	(284)	[3]
Cash Payments	0	[3]
Ending Balance	407	[3]
Other Corporate Initiative | Accounts Receivable
Restructuring Cost And Reserve [Line Items]
Beginning Balance	0	[4]
Provision	926	[4]
Non-Cash Use	0	[4]
Cash Payments	0	[4]
Ending Balance	926	[4]
Other Corporate Initiative | Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance	0	[2]
Provision	1,783	[2]
Non-Cash Use	(1,517)	[2]
Cash Payments	(247)	[2]
Ending Balance	$ 19	[2]
[1]	$2.0 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	Jan. 31, 2021	Jan. 31, 2020
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	$ 18,047	$ 6,302
Capital in excess of par value	214,043	$ 208,473
Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	2,000
Capital in excess of par value	$ 400

Restructuring Provision - Sum_3

Restructuring Provision - Summary of Corporate Initiative Costs by Operating Segment (Details) $ in Thousands	12 Months Ended
	Jan. 31, 2021USD ($)
Restructuring Cost And Reserve [Line Items]
Provision	$ 12,629
Cost of Sales
Restructuring Cost And Reserve [Line Items]
Provision	735
Selling, General and Administrative
Restructuring Cost And Reserve [Line Items]
Provision	11,894
Watch and Accessory Brands
Restructuring Cost And Reserve [Line Items]
Provision	12,629
Watch and Accessory Brands | United States
Restructuring Cost And Reserve [Line Items]
Provision	7,994
Watch and Accessory Brands | International
Restructuring Cost And Reserve [Line Items]
Provision	4,635
Company Stores
Restructuring Cost And Reserve [Line Items]
Provision	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Apr. 30, 2020	Jan. 31, 2021	Jan. 31, 2019	Jan. 31, 2020	Oct. 01, 2018	Jan. 31, 2018
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges		$ 22,165,000	$ 0
Long-lived intangible assets		17,081,000	48,183,000	$ 42,359,000		$ 23,124,000
Goodwill		0		136,366,000
Impairment charges related to goodwill			0
Watch and Accessory Brands
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges	$ 22,200,000
Goodwill	0
Impairment charges related to goodwill	133,700,000
Company Stores
Schedule Of Goodwill And Intangible Assets [Line Items]
Goodwill		0
Trade Names
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges		18,595,000
Long-lived intangible assets		10,860,000	34,771,000	31,075,000		13,096,000
Customer Relationships
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges		3,570,000
Long-lived intangible assets	0	$ 5,168,000	$ 12,181,000	$ 10,154,000		$ 8,457,000
MVMT Watches, Inc.
Schedule Of Goodwill And Intangible Assets [Line Items]
Goodwill					$ 77,542,000
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 ($)		3 Months Ended	12 Months Ended
		Apr. 30, 2020	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Acquired Finite Lived Intangible Assets [Line Items]
Beginning Balance		$ 42,359,000	$ 42,359,000	$ 48,183,000	$ 23,124,000
Impairment			(22,165,000)		0
Acquisition/Additions			164,000	255,000	492,000
Amortization			(3,839,000)	(6,091,000)	(4,351,000)
Foreign exchange impact			562,000	12,000	(1,682,000)
Ending Balance			$ 17,081,000	42,359,000	48,183,000
MVMT Watches, Inc.
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions					28,928,000
City Time Distribucion, S.L.U
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions					1,672,000
Trade Names
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)			10 years
Beginning Balance		31,075,000	$ 31,075,000	34,771,000	13,096,000
Impairment			(18,595,000)
Acquisition/Additions			0	0	0
Amortization			(1,888,000)	(3,723,000)	(2,126,000)
Foreign exchange impact			268,000	27,000	(899,000)
Ending Balance			$ 10,860,000	31,075,000	34,771,000
Trade Names | MVMT Watches, Inc.
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions					24,700,000
Ending Balance		2,400,000
Trade Names | City Time Distribucion, S.L.U
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions					0
Customer Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)			6 years
Beginning Balance		10,154,000	$ 10,154,000	12,181,000	8,457,000
Impairment			(3,570,000)
Acquisition/Additions			0	0	0
Amortization			(1,656,000)	(1,991,000)	(1,628,000)
Foreign exchange impact			240,000	(36,000)	(520,000)
Ending Balance		0	$ 5,168,000	10,154,000	12,181,000
Customer Relationships | MVMT Watches, Inc.
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions					4,200,000
Ending Balance		0
Customer Relationships | City Time Distribucion, S.L.U
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions					1,672,000
Other
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)	[1]		10 years
Beginning Balance	[1]	$ 1,130,000	$ 1,130,000	1,231,000	1,571,000
Impairment	[1]		0
Acquisition/Additions	[1]		164,000	255,000	492,000
Amortization	[1]		(295,000)	(377,000)	(597,000)
Foreign exchange impact	[1]		54,000	21,000	(263,000)
Ending Balance	[1]		$ 1,053,000	$ 1,130,000	1,231,000
Other | MVMT Watches, Inc.
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions	[1]				28,000
Other | City Time Distribucion, S.L.U
Acquired Finite Lived Intangible Assets [Line Items]
Acquisition/Additions	[1]				$ 0
[1]	Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand.

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019	Jan. 31, 2018
Business Combinations [Abstract]
2022	$ 3,546
2023	3,521
2024	2,612
2025	1,966
2026	1,955
Thereafter	3,481
Total estimated future amortization expense	$ 17,081	$ 42,359	$ 48,183	$ 23,124

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020
Inventory Net [Abstract]
Finished goods	$ 107,246	$ 125,603
Component parts	40,735	41,708
Work-in-process	4,599	4,095
Inventories	$ 152,580	$ 171,406

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 130,575	$ 133,185
Less: Accumulated depreciation and amortization	(108,226)	(103,947)
Property, plant and equipment, net	22,349	29,238
Land and buildings
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	1,311	1,212
Furniture and equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 56,808	56,800
Furniture and equipment | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	4 years
Furniture and equipment | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	10 years
Computer software
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 31,323	34,151
Computer software | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	5 years
Computer software | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	10 years
Leasehold improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 37,957	38,155
Property, plant and equipment, Estimated Useful Lives	Lesser of lease term or useful life
Design fees and tooling costs
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 3,176	$ 2,867
Property, plant and equipment, Estimated Useful Lives	3 years
Buildings
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	40 years

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Property Plant And Equipment [Line Items]
Depreciation and amortization	$ 14,112	$ 16,381	$ 14,165
Amortization expense	3,839	6,091	4,351
Property, Plant and Equipment
Property Plant And Equipment [Line Items]
Depreciation and amortization	10,000	10,100	9,400
Computer software
Property Plant And Equipment [Line Items]
Amortization expense	$ 2,100	$ 2,400	$ 3,200

Debt and Lines of Credit - Addi

Debt and Lines of Credit - Additional Information (Details)	Feb. 05, 2021USD ($)	Oct. 12, 2018USD ($)	Jul. 31, 2021USD ($)	Apr. 30, 2020	Jan. 31, 2021USD ($)BankSubsidiary	Jan. 31, 2020USD ($)BankSubsidiary	Jan. 31, 2019USD ($)	Jul. 31, 2021USD ($)	May 31, 2021USD ($)Dividend	Jan. 31, 2021CHF (SFr)BankSubsidiary	Jan. 31, 2020CHF (SFr)BankSubsidiary
Debt Instrument [Line Items]
Maximum consolidated leverage ratio				2.50
Dividends payable date					Feb. 5, 2021
Dividends date of record					Jan. 21, 2021
Cash paid for interest					$ 1,700,000	$ 700,000	$ 500,000
LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate				0.00%
Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Amendment fees incurred and capitalized					300,000		700,000
Payment for unamortized fees							$ 300,000
Amortization period							60 months
Second Amendment
Debt Instrument [Line Items]
Maximum consolidated leverage ratio				2.75
Second Amendment | Subsequent Event
Debt Instrument [Line Items]
Aggregate amount of dividend payable	$ 2,300,000
Dividends payable date	Feb. 5, 2021
Dividends date of record	Jan. 21, 2021
Second Amendment | Forecast
Debt Instrument [Line Items]
Maximum consolidated leverage ratio			2.50
Minimum liquidity covenant amount			$ 100,000,000					$ 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 | Maximum
Debt Instrument [Line Items]
Number of dividend paid to equity holders | Dividend									2
Aggregate amount of dividend payable									$ 5,000,000
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					7,300,000	6,700,000				SFr 6,500,000	SFr 6,500,000
Outstanding borrowing amount					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					11,200,000	51,900,000				SFr 10,000,000	SFr 50,000,000
Additional loans payable to bank					10,000,000
Line of credit facility remaining borrowing capacity					78,500,000	47,800,000
Weighted average borrowings amount					$ 53,100,000	$ 51,100,000
Weighted average interest rate					2.59%	1.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | LIBOR
Debt Instrument [Line Items]
Applicable margin rate					2.75%	1.25%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate					1.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | LIBOR | Maximum
Debt Instrument [Line Items]
Applicable margin rate					1.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Base Rate
Debt Instrument [Line Items]
Applicable margin rate					1.75%	0.25%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Base Rate | Minimum
Debt Instrument [Line Items]
Applicable margin rate					0.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Base Rate | Maximum
Debt Instrument [Line Items]
Applicable margin rate					0.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Forecast | LIBOR
Debt Instrument [Line Items]
Applicable margin rate								2.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Forecast | Base Rate
Debt Instrument [Line Items]
Applicable margin rate								1.75%
Letter of Credit
Debt Instrument [Line Items]
Credit facility matures date					Jun. 1, 2021
Outstanding borrowing amount					$ 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
Number of foreign subsidiaries under guaranteed obligation | Subsidiary					2	2				2	2
Guaranteed obligations to third parties					$ 1,300,000	$ 1,200,000
Restricted deposit relates to lease agreement					$ 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) - 12 months ended Jan. 31, 2021	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	$ 10,900,000	€ 16,600,000	SFr 6,000,000	¥ 29,400,000	£ 700,000
Maximum
Derivatives Fair Value [Line Items]
Expiry dates ranging	May 19, 2021

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	Jan. 31, 2021	Jan. 31, 2020
Assets:
Total assets measured at fair value	$ 73,461	$ 71,158
Liabilities:
Total liabilities measured at fair value	46,686	45,264
Level 1
Assets:
Total assets measured at fair value	47,624	46,584
Liabilities:
Total liabilities measured at fair value	46,673	45,264
Level 2
Assets:
Total assets measured at fair value	0	347
Liabilities:
Total liabilities measured at fair value	13	0
Level 3
Assets:
Total assets measured at fair value	25,837	24,227
Liabilities:
Total liabilities measured at fair value	0	0
Other Current Assets | Available-for-sale securities
Assets:
Total assets measured at fair value	184	184
Other Current Assets | Short-term investment
Assets:
Total assets measured at fair value	162	156
Other Current Assets | Hedge derivatives-Assets
Assets:
Total assets measured at fair value		347
Other Current Assets | Level 1 | Available-for-sale securities
Assets:
Total assets measured at fair value	184	184
Other Current Assets | Level 1 | Short-term investment
Assets:
Total assets measured at fair value	162	156
Other Current Assets | Level 1 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value		0
Other Current Assets | Level 2 | Available-for-sale securities
Assets:
Total assets measured at fair value	0	0
Other Current Assets | Level 2 | Short-term investment
Assets:
Total assets measured at fair value	0	0
Other Current Assets | Level 2 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value		347
Other Current Assets | Level 3 | Available-for-sale securities
Assets:
Total assets measured at fair value	0	0
Other Current Assets | Level 3 | Short-term investment
Assets:
Total assets measured at fair value	0	0
Other Current Assets | Level 3 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value		0
Other Non-current Assets | SERP assets - employer
Assets:
Total assets measured at fair value	605	988
Other Non-current Assets | SERP assets - employee
Assets:
Total assets measured at fair value	46,673	45,256
Other Non-current Assets | Level 1 | SERP assets - employer
Assets:
Total assets measured at fair value	605	988
Other Non-current Assets | Level 1 | SERP assets - employee
Assets:
Total assets measured at fair value	46,673	45,256
Other Non-current Assets | Level 2 | SERP assets - employer
Assets:
Total assets measured at fair value	0	0
Other Non-current Assets | Level 2 | SERP assets - employee
Assets:
Total assets measured at fair value	0	0
Other Non-current Assets | Level 3 | SERP assets - employer
Assets:
Total assets measured at fair value	0	0
Other Non-current Assets | Level 3 | SERP assets - employee
Assets:
Total assets measured at fair value	0	0
Other non-current liabilities | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	46,673	45,264
Other non-current liabilities | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	25,837	24,227
Other non-current liabilities | Level 1 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	46,673	45,264
Other non-current liabilities | Level 1 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	0	0
Other non-current liabilities | Level 2 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	0	0
Other non-current liabilities | Level 2 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	0	0
Other non-current liabilities | Level 3 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	0	0
Other non-current liabilities | Level 3 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	25,837	$ 24,227
Accrued Liabilities | Hedge derivatives-Assets
Liabilities:
Total liabilities measured at fair value	13
Accrued Liabilities | Level 1 | Hedge derivatives-Assets
Liabilities:
Total liabilities measured at fair value	0
Accrued Liabilities | Level 2 | Hedge derivatives-Assets
Liabilities:
Total liabilities measured at fair value	13
Accrued Liabilities | Level 3 | Hedge derivatives-Assets
Liabilities:
Total liabilities measured at fair value	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	6 Months Ended	12 Months Ended
	Jul. 31, 2019USD ($)	Jan. 31, 2021USD ($)	Jan. 31, 2020USD ($)	Jan. 31, 2019USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Business acquisition, decrease of liability		$ 0	$ (15,356,000)	$ 0
Transfers into level 1 to level 2, assets		0
Transfers into level 2 to level 1, assets		0
Transfers into level 1 to level 2, liabilities		0
Transfers into level 2 to level 1, liabilities		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
Level 3 | Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Goodwill and intangible assets measurement input		17.5
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	$ 0
Business acquisition, decrease of liability	(16,900,000)	(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	1,000,000	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	$ (15,400,000)	$ (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	12 Months Ended
	Jan. 31, 2020	Jan. 31, 2019
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Balance at the beginning of the period	$ 16,718	$ 0
Acquisition of MVMT	0	16,500
Payments	0	0
Adjustments included in income before income taxes	(15,159)	0
Adjustments to deferred compensation	(1,559)	218
Ending Balance	$ 0	$ 16,718

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Oct. 01, 2018USD ($)ContingentPayment	Dec. 31, 2016USD ($)	Jan. 31, 2021USD ($)	Jan. 31, 2020USD ($)	Jan. 31, 2019USD ($)	Jan. 31, 2018USD ($)	Jul. 31, 2019USD ($)
Loss Contingencies [Line Items]
Amount of minimum commitments related to license agreements and endorsement agreements			$ 292,200,000
Long-term purchase commitment, period			6 years
Operating and finance leases expiration period			Jun. 30, 2030
Operating and finance leases rent expense			$ 27,500,000	$ 26,900,000	$ 20,200,000
Outstanding purchase obligations with supplier			70,900,000
Tax cuts and jobs act, deemed repatriation tax			21,500,000			$ 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	$ 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

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Minimum Annual Rentals under Noncancelable Operating and Finance Leases (Details) $ in Thousands	Jan. 31, 2021USD ($)
Minimum annual rentals under non-cancelable operating and Finance leases
2022	$ 18,067
2023	14,829
2024	13,970
2025	11,507
2026	9,441
Thereafter	27,144
Total operating leases	$ 94,958

Leases - Additional Information

Leases - Additional Information (Details) $ in Millions	12 Months Ended
	Jan. 31, 2021USD ($)
Lessee Lease Description [Line Items]
Change in accounting principle accounting standards update adopted	true
Lease, practical expedients, package (Short term leases)	true
Rent forgiveness	$ 1.1
Minimum
Lessee Lease Description [Line Items]
Operating leases, remaining terms	1 year
Operating leases, option to extend	true
Maximum
Lessee Lease Description [Line Items]
Operating leases, remaining terms	9 years
ASU 2016-02
Lessee Lease Description [Line Items]
Change in accounting principle accounting standards update adopted	true
Change in accounting principle, accounting standards update, adoption date	Feb. 1, 2019

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020
Leases [Abstract]
Operating lease expense	$ 18,533	$ 19,301
Short-term lease cost	601	736
Variable lease cost	9,051	9,229
Total operating lease expense	28,185	29,266
Finance lease cost:
Amortization of right-of-use assets	117	117
Interest on lease liabilities	$ 9	$ 13

Leases - Summary of Supplementa

Leases - Summary of Supplemental Balance Sheet Information for Leases (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020
ASSETS
Operating	$ 76,070	$ 89,523
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Operating	Operating
Finance	$ 166	$ 282
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other non-current assets	Other non-current assets
Current liabilities:
Operating	$ 15,861	$ 15,083
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Operating	Operating
Finance	$ 121	$ 117
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued liabilities	Accrued liabilities
Noncurrent:
Operating	$ 68,412	$ 81,877
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Operating	Operating
Finance	$ 49	$ 170
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other non-current liabilities	Other non-current liabilities

Leases - Summary of Weighted-Av

Leases - Summary of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate (Details)	Jan. 31, 2021	Jan. 31, 2020
Leases [Abstract]
Operating leases, Weighted-average remaining lease term	6 years 6 months	7 years 4 months 24 days
Finance leases, Weighted-average remaining lease term	1 year 4 months 24 days	2 years 4 months 24 days
Operating leases, Weighted-average discount rate	3.78%	3.71%
Finance leases, Weighted-average discount rate	3.86%	3.86%

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Topic 842 (Details) $ in Thousands	Jan. 31, 2021USD ($)
Operating Leases
2022	$ 17,942
2023	14,780
2024	13,970
2025	11,507
2026	9,441
Thereafter	27,144
Total lease payments	94,784
Less: Interest	(10,511)
Total lease obligations	84,273
Finance Leases
2022	125
2023	49
2024	0
2025	0
2026	0
Thereafter	0
Total lease payments	174
Less: Interest	(4)
Total lease obligations	$ 170

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 19,080	$ 17,637
Operating cash flows from finance leases	9	13
Financing cash flows from finance leases	116	112
Leased assets obtained in exchange for new operating lease liabilities	2,940	9,863
Leased assets obtained in exchange for new financing lease liabilities	$ 0	$ 399

Income Taxes - Schedule of (Los

Income Taxes - Schedule of (Loss)/Income before (Benefit)/Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Income Tax Disclosure [Abstract]
U.S. (loss)/income before taxes	$ (121,302)	$ (1,226)	$ 6,795
Non-U.S. (loss)/income before taxes	(21,080)	58,729	54,938
(Loss)/income before income taxes	$ (142,382)	$ 57,503	$ 61,733

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	Mar. 27, 2020	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Income Tax Contingency [Line Items]
Cash paid for income taxes		$ 6,100,000	$ 16,000,000	$ 9,500,000
Change in accounting principle accounting standards update adopted		true
Change in accounting principle, accounting standards update, immaterial effect		true
Effective tax rate for continuing operations		21.90%	26.30%	0.30%
U.S. Statutory tax rate		21.00%	21.00%	21.00%
Income tax (benefit)/expense		$ (31,188,000)	$ 15,124,000	$ 162,000
Unrecognized tax benefits which would impact the Company's effective tax rate		800,000	800,000	1,200,000
Accrued interest (net of tax benefit) and penalties related to unrecognized tax benefits		400,000	500,000	700,000
Interest (net of tax benefit) and penalties		0	100,000	0
Undistributed foreign earnings		221,200,000
Deferred tax liability, undistributed foreign earnings		0	0
Wind Fall Tax Benefit
Income Tax Contingency [Line Items]
Income tax (benefit)/expense		(100,000)	(100,000)	(100,000)
Shortfall Tax Expenses
Income Tax Contingency [Line Items]
Income tax (benefit)/expense		700,000	$ 700,000	$ 700,000
State and Local Jurisdiction
Income Tax Contingency [Line Items]
Operating Loss carryforwards		2,300,000
Foreign Tax Authority
Income Tax Contingency [Line Items]
Operating Loss carryforwards		8,700,000
Operating loss carryforwards, valuation allowance		7,000,000
China
Income Tax Contingency [Line Items]
Operating Loss carryforwards		3,300,000
Germany
Income Tax Contingency [Line Items]
Operating Loss carryforwards		$ 1,800,000
Minimum
Income Tax Contingency [Line Items]
Expiration periods		1 year
Maximum
Income Tax Contingency [Line Items]
Expiration periods		10 years
CARES Act
Income Tax Contingency [Line Items]
Net operating loss carryback period with statutory tax rate of 35.0%	5 years
Regular taxable income, offset percentage	100.00%
Net operating loss carryback to prior taxable years		$ 20,500,000
ASU 2016-02
Income Tax Contingency [Line Items]
Change in accounting principle accounting standards update adopted		true
Change in accounting principle, accounting standards update, adoption date		Feb. 1, 2019
Change in accounting principle, accounting standards update, immaterial effect		true

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Taxes (Benefit) Provision for Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Current:
U.S. Federal	$ (21,657)	$ 558	$ 6,665
U.S. State and Local	(703)	905	3,556
Non-U.S.	9,464	9,309	8,775
Total current	(12,896)	10,772	18,996
Deferred:
U.S. Federal	(11,139)	2,337	(12,706)
U.S. State and Local	(6,321)	107	(2,339)
Non-U.S.	(832)	1,908	(3,789)
Total deferred	(18,292)	4,352	(18,834)
(Benefit)/provision for income taxes	$ (31,188)	$ 15,124	$ 162

Income Taxes - Schedule of Sign

Income Taxes - Schedule of Significant Components of Deferred Income Tax Assets and Liabilities (Details) - USD ($)	Jan. 31, 2021	Jan. 31, 2020
Deferred Taxes Assets
Net operating loss carryforwards, Assets	$ 11,000,000	$ 7,597,000
Inventory, Assets		1,557,000
Unprocessed returns, Assets	862,000	898,000
Receivables allowances, Assets	843,000	301,000
Deferred compensation, Assets	15,567,000	15,643,000
Unrepatriated earnings, Assets		2,826,000
Depreciation/amortization, Assets	17,434,000	0
Other provisions/accruals, Assets	1,657,000	1,555,000
Deferred occupancy costs, Assets	17,064,000	18,690,000
Miscellaneous, Assets	1,096,000	323,000
Total, Assets	65,523,000	49,390,000
Valuation allowance, Assets	(7,007,000)	(5,481,000)
Total deferred tax assets and liabilities	58,516,000	43,909,000
Deferred Taxes Liabilities
Net operating loss carryforwards, Liabilities	0	0
Inventory, Liabilities	2,292,000	0
Unprocessed returns, Liabilities	0	0
Receivables allowance, Liabilities	0	0
Deferred compensation, Liabilities	0	0
Unrepatriated earnings, Liabilities	0	0
Depreciation / amortization, Liabilities		4,289,000
Other provisions / accruals, Liabilities	0	0
Deferred occupancy costs, Liabilities	15,140,000	16,887,000
Miscellaneous, Liabilities	0	0
Total, Liabilities	17,432,000	21,176,000
Valuation allowance, Liabilities	0	0
Total deferred tax assets and liabilities	$ 17,432,000	$ 21,176,000

Income Taxes - Schedule of In_2

Income Taxes - Schedule of Income Taxes (Benefit)/Provision for Continuing Operations by Applying U.S. Federal Statutory Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Schedule of income taxes provision / (benefit) for continuing operations by applying U.S. federal statutory rate
(Benefit)/provision for income taxes at the U.S. statutory rate	$ (29,900)	$ 12,076	$ 12,964
Lower effective non-U.S. income tax rate	(74)	(1,876)	(1,303)
Change in valuation allowance	1,035	404	(2,138)
Change in liabilities for uncertain tax positions, net	(163)	(375)	(1,346)
State and local taxes, net of federal benefit	(5,549)	800	962
Impact of 2017 Tax Act	0	(16)	(7,446)
GILTI, net of foreign tax credits	0	2,703	116
Foreign-derived intangible income	0	0	(918)
Impairment of goodwill and intangible assets	11,694	0	0
Impact of CARES Act	(10,231)	0	0
Other permanent differences	1,220	910	(1,075)
Other, net	780	498	346
(Benefit)/provision for income taxes	$ (31,188)	$ 15,124	$ 162

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation of Beginning and Ending Amounts of Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Schedule of reconciliation of beginning and ending amounts of gross unrecognized tax benefits
Beginning balance	$ 826	$ 1,351	$ 2,354
Tax positions taken in the current year	204	106	234
Tax positions taken in prior years	(26)	(125)	(774)
Lapse of statute of limitations	(119)	(114)	(122)
Settlements		(389)	(236)
Non-U.S. currency exchange fluctuations	16	(3)	(105)
Ending balance	$ 901	$ 826	$ 1,351

Treasury Stock - Additional Inf

Treasury Stock - Additional Information (Details) - USD ($)	Mar. 25, 2021	Aug. 29, 2017	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized			$ 0
Stock repurchase program, total cost of shares repurchased				$ 4,199,000	$ 7,418,000
Subsequent Event
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized	$ 25,000,000
Stock repurchase program expiration date	Sep. 30, 2022
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	$ 7,400,000
Stock repurchase program expiration date		Aug. 29, 2020
Stock repurchase program, number of shares repurchased			0	131,402	200,088
Stock repurchase program, average per share price of shares repurchased				$ 31.96	$ 37.08
Surrender of Shares by Employee
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased			49,283	43,414	21,733

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Component of Accumulated Other Comprehensive Income (loss) (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Accumulated Other Comprehensive Income Loss [Line Items]
Foreign currency translation adjustments	$ 93,166	$ 85,345	$ 80,808
Available-for-sale securities	124	124	119
Total accumulated other comprehensive income	92,540	85,050	80,507
Unrecognized Prior Service Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	(344)	(367)	(420)
Net Actuarial Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	$ (406)	$ (52)	$ 0

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Amount reclassified from accumulated other comprehensive income (loss)	$ 0	$ 0	$ 0.4

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019	Jan. 31, 2018
Disaggregation Of Revenue [Line Items]
Cumulative effect on retained earnings	$ (427,334)	$ (527,244)	$ (496,655)	$ (470,335)
Cumulative Effect, Period of Adoption, Adjustment
Disaggregation Of Revenue [Line Items]
Cumulative effect on retained earnings				$ 714
ASU 2014-09 | Cumulative Effect, Period of Adoption, Adjustment
Disaggregation Of Revenue [Line Items]
Cumulative effect on retained earnings	$ 700

Revenue - Summary of Net Sales

Revenue - Summary of Net Sales Disaggregated by Customer Type (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Disaggregation Of Revenue [Line Items]
Net sales	[1]	$ 506,397	$ 700,966	$ 679,567
Wholesale
Disaggregation Of Revenue [Line Items]
Net sales		369,031	530,140	532,565
Direct to consumer
Disaggregation Of Revenue [Line Items]
Net sales		134,952	166,877	142,439
After-sales service
Disaggregation Of Revenue [Line Items]
Net sales		$ 2,414	$ 3,949	$ 4,563
[1]	The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($) $ in Millions	Apr. 04, 2013	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options granted		550,000	0	0
Compensation expense		$ 0.3	$ 0.5	$ 1
Unrecognized compensation cost related to unvested stock options		$ 2.1
Weighted-average period		2 years 8 months 12 days
Cash received for stock option exercises		$ 0	$ 0.2	$ 5.9
Common stock tendered by employee for withholding tax obligation		49,283	43,414	21,733
Employee's withholding tax obligation		$ 0.5	$ 1.4	$ 0.9
Stock Award Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock awards cliff-vested period		3 years
Compensation expense		$ 5.1	5.8	5
Weighted-average period		1 year 7 months 6 days
Unrecognized compensation cost		$ 3.4
Fair value of stock award units vested		5.5	4.4	3.1
Fair value of unvested stock award units		12.1	$ 16.4	$ 14.3
Tax expense on vested stock awards		0.7
Stock Award Units | Corporate Initiatives
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense		$ 0.4
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)	12 Months Ended
	Jan. 31, 2021$ / shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Expected volatility	50.66%
Expected life in years	6 years
Risk-free interest rates	0.39%
Dividend rate	4.07%
Weighted average fair value per option at date of grant	$ 4.86

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Stock Option Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019	Oct. 31, 2020
Schedule of stock option plan
Outstanding Option Beginning Balance	561,110	566,260	761,701
Granted	550,000	0	0
Exercised	0	(5,150)	(189,941)
Cancelled	0	0	(5,500)
Outstanding Option Ending Balance	1,111,110	561,110	566,260
Exercisable	561,110	399,905	264,244
Expected to vest	474,623
Weighted Average Exercise Price per Option, Beginning Balance	$ 28.41	$ 28.43	$ 29.12
Granted, Weighted Average Exercise Price per Option	15.25	0	0
Exercised. Weighted Average Exercise Price per Option	0	30.36	30.77
Cancelled, Weighted Average Exercise Price per Option	0	0	42.12
Weighted Average Exercise Price per Option, Ending Balance	21.90	$ 28.41	$ 28.43
Exercisable, Weighted Average Exercise Price per Option	28.41
Expected to vest, Weighted Average Exercise Price per Option	15.20
Option Price Per Share, Exercised	0
Option Price Per Share, Cancelled	$ 0
Options outstanding, Weighted Average Remaining Contractual Term (years)	6 years 10 months 24 days	5 years 2 months 12 days
Exercisable, Weighted Average Remaining Contractual Term (years)	4 years 2 months 12 days
Expected to vest, Weighted Average Remaining Contractual Term (years)	9 years 8 months 12 days
Options outstanding, Aggregate Intrinsic Value	$ 2,975			$ 0
Exercisable, Aggregate Intrinsic Value	0
Expected to vest, Aggregate Intrinsic Value	$ 2,590
Minimum
Schedule of stock option plan
Option Price Per Share, Beginning Balance	$ 23.35
Option Price Per Share, Granted	12.42
Option Price Per Share, Ending Balance	12.42	$ 23.35
Maximum
Schedule of stock option plan
Option Price Per Share, Beginning Balance	42.12
Option Price Per Share, Granted	16.87
Option Price Per Share, Ending Balance	$ 42.12	$ 42.12

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Stock Option Plan (Parenthetical) (Details) - shares	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019	Jan. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Exercisable	561,110	399,905	264,244	394,455

Stock-Based Compensation - Sc_4

Stock-Based Compensation - Schedule of Information Related to Stock Option Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Total fair value of stock options exercised		$ 63	$ 1,912
Total fair value of stock options vested	$ 1,475	$ 1,621	$ 803

Stock-Based Compensation - Sc_5

Stock-Based Compensation - Schedule of Non-vested Stock Options (Details) - $ / shares	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Non-vested stock options:
Non-vested, Shares, Beginning Balance	161,205
Stock options granted	550,000	0	0
Vested, Shares	(161,205)
Non-vested, Shares, Ending Balance	550,000	161,205
Non-vested stock options:
Non-vested, Weight Average Grant Date Fair Value, Beginning Balance	$ 9.15
Weighted average fair value per option at date of grant	4.86
Vested, Weight Average Grant Date Fair Value	9.15
Non-vested, Weight Average Grant Date Fair Value, Ending Balance	$ 4.86	$ 9.15

Stock-Based Compensation - Sc_6

Stock-Based Compensation - Schedule of Transactions for Restricted Stock Units Under Plan (Details) - Stock Award Units - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020		Jan. 31, 2019
Number of Stock Award Units
Stock Award Units, Beginning Balance	490,239	447,022		342,770
Units granted	171,229	274,133		228,310
Units granted adjustment		(73,067)	[1]	20,409	[2]
Units vested	(212,070)	(151,448)		(112,170)
Units forfeited	(33,404)	(26,810)		(11,888)
Stock Award Units, Ending Balance	415,994	490,239		447,022
Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Beginning Balance	$ 33.50	$ 32.27		$ 26.07
Units granted, Weighted Average Grant Date Fair Value	13.30	32.47		39.22
Units granted adjustment, Weighted Average Grant Date Fair Value		32.91	[1]	39.95	[2]
Units vested, Weighted Average Grant Date Fair Value	26.05	29.27		27.60
Units forfeited, Weighted Average Grant Date Fair Value	31.20	34.80		30.82
Weighted Average Grant Date Fair Value Ending Balance	$ 29.17	$ 33.50		$ 32.27
Weighted-Average Remaining Contractual Term (years)
Units outstanding, Weighted-Average Remaining Contractual Term (years)	1 year 3 months 18 days
Aggregate Intrinsic Value
Units outstanding, Aggregate Intrinsic Value	$ 8,594
[1]	Grant adjustment made due to not reaching the fiscal 2020 financial goal.
[2]	Grant adjustment made due to exceeding the fiscal 2019 financial goal.

Pension and Retirement Saving_3

Pension and Retirement Savings Plan - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Contributions and expenses of administering the other defined contribution plans	$ 0.6	$ 0.9	$ 0.6
Estimated prior service cost to be amortized in next fiscal year from accumulated other comprehensive income into net periodic pension cost	0.1
Swiss
Defined Benefit Plan Disclosure [Line Items]
Expected future contribution to defined benefit plan	$ 1.1
SERP
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan employers matching contribution, vesting period	5 years
Company's contribution to defined contribution plans	$ 0.9	0.6	0.7
Defined contribution plan, description	The Company makes a matching contribution, up to either 5% or 10% of the executive’s salary, which vests in equal annual installments over five years.
SERP | Corporate Initiatives
Defined Benefit Plan Disclosure [Line Items]
Company's contribution to defined contribution plans	$ 0.5
SERP | Common Stock
Defined Benefit Plan Disclosure [Line Items]
Percentage of company's matching contribution with respect to each participant's contribution	20.00%
401(k) Savings Plan
Defined Benefit Plan Disclosure [Line Items]
Percentage of company's matching contribution with respect to each participant's contribution	50.00%
Percentage of matching contribution with respect to each participant's contribution	1.00%
Maximum percentage contribution by employee	6.00%
Percentage of company's maximum matching contribution	3.00%
Defined contribution plan employers matching contribution, vesting period	3 years
Company's contribution to defined contribution plans	$ 0.3	$ 1.3	$ 1.1

Pension and Retirement Saving_4

Pension and Retirement Savings Plan - Components of Net Periodic Pension Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Defined Benefit Plan Net Periodic Benefit Cost [Abstract]
Service cost	$ 1,274	$ 1,121	$ 93
Interest cost		300	25
Expected return on assets	(372)	(205)	(25)
Actuarial gain recognized due to partial settlement	(43)
Amortization of prior service costs	73	68	6
Net Periodic Pension Cost	$ 932	$ 1,284	$ 99

Pension and Retirement Saving_5

Pension and Retirement Savings Plan - Reconciliation of Change in Benefit Obligation, Change in Plan Assets and Net Amount Recognized in Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Change in benefit obligation:
Pension benefit obligation at beginning of period	$ 24,813	$ 33,754
Service cost	1,274	1,121	$ 93
Interest cost		300	25
Benefit and expense payments	(2,551)	(2,996)
Employee contributions	791	818
Settlements		(10,022)
Actuarial losses	240	1,032
Foreign currency exchange rate impact	2,016	806
Pension benefit obligation at end of year	26,583	24,813	33,754
Change in plan assets:
Fair value of plan assets at beginning of period	24,227	33,223
Company contributions	1,187	1,229
Benefit and expense payments	(2,551)	(2,996)
Actual return on plan assets	220	1,187
Employee contributions	791	818
Settlements		(10,022)
Foreign currency exchange rate impact	1,963	788
Fair value of plan assets at end of year	25,837	24,227	$ 33,223
Funded status - consolidated	(746)	(586)
Amounts recognized in the consolidated balance sheets consist of:
Other non-current liabilities	746	586
Amounts recognized in accumulated other comprehensive (loss):
Prior service cost	448	484
Net actuarial loss	511	52
Tax effect	(209)	(117)
Net amount recognized, after tax	750	419
Accumulated benefit obligation	$ 26,390	$ 24,621

Pension and Retirement Saving_6

Pension and Retirement Savings Plan - Weighted-average Assumptions Used to Calculate Benefit Obligations (Details)	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Benefit Obligation [Abstract]
Discount rate	0.00%	0.00%	0.90%
Salary progression rate	1.10%	1.10%	1.10%
Expected long-term rate of return on plan assets	1.50%	1.50%	0.90%

Pension and Retirement Saving_7

Pension and Retirement Savings Plan - Weighted-average Assumptions Used to Calculate Net Periodic Pension Cost (Details)	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	0.00%	0.90%	0.90%
Salary progression rate	1.10%	1.10%	1.10%
Expected long-term rate of return on plan assets	1.50%	0.90%	0.90%

Pension and Retirement Saving_8

Pension and Retirement Savings Plan - Schedule of Expected Benefit Payments of Pension Plans (Details) $ in Thousands	Jan. 31, 2021USD ($)
Defined Benefit Plan Estimated Future Benefit Payments [Abstract]
2022	$ 251
2023	238
2024	413
2025	291
2026	283
2027-2031	$ 2,269

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details)	12 Months Ended
	Jan. 31, 2021SegmentLocation	Jan. 31, 2020	Jan. 31, 2019
Segment Reporting Information [Line Items]
Number of operating segments | Segment	2
Number of geographic locations | Location	2
Geographic Concentration Risk | Europe | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	37.40%	33.40%	31.60%
Geographic Concentration Risk | Americas (excluding the United States) | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	6.60%	9.00%	8.80%
Geographic Concentration Risk | Middle East | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	7.30%	7.90%	7.70%
Geographic Concentration Risk | Asia | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	6.30%	6.60%	6.50%

Segment and Geographic Inform_4

Segment and Geographic Information - Operating Segment Data (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2021		Jan. 31, 2020	Jan. 31, 2019
Operating segment data
Net sales	[1]	$ 506,397		$ 700,966	$ 679,567
Operating (Loss)/Income	[2],[3],[4],[5],[6],[7],[8]	(142,127)		42,991	62,197
Total Assets		719,257	[9],[10]	847,308
Capital Expenditure		3,018		12,713	10,635
Depreciation and Amortization		14,112		16,381	14,165
Watch and Accessory Brands
Operating segment data
Net sales		447,362		612,398	595,876
Operating (Loss)/Income	[2],[3],[4],[5],[6]	(152,662)		29,529	45,194
Total Assets		659,681	[9]	782,339
Capital Expenditure		2,909		7,616	6,508
Depreciation and Amortization		11,462		14,013	12,446
Watch and Accessory Brands | Owned brands category
Operating segment data
Net sales		178,173		257,954	263,904
Watch and Accessory Brands | Licensed brands category
Operating segment data
Net sales		262,367		344,681	320,911
Watch and Accessory Brands | After-sales service and all other
Operating segment data
Net sales		6,822		9,763	11,061
Company Stores
Operating segment data
Net sales		59,035		88,568	83,691
Operating (Loss)/Income	[2],[3],[4],[5],[6]	10,535		13,462	17,003
Total Assets		59,576	[9]	64,969
Capital Expenditure		109		5,097	4,127
Depreciation and Amortization		$ 2,650		$ 2,368	$ 1,719
[1]	The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[2]	Fiscal 2020 and 2019 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $0.3 million for both periods due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives.
[3]	Fiscal 2021 and 2020 operating loss in the United States locations of the Watch and Accessory Brands segment included $1.6 million and $4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. In the United States locations of the Watch and Accessory Brands segment for fiscal 2019 operating loss included $14.4 million of expenses primarily related to transaction
[4]	Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $8.0 million and $4.6 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.
[5]	Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.
[6]	Fiscal 2021, 2020 and 2019 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $2.7 million, $2.8 million and $2.9 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.
[7]	The International operating (loss)/income included $63.0 million, $73.3 million and $53.8 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[8]	The United States operating loss included $29.1 million, $29.0 million and $43.5 million of unallocated corporate expenses for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[9]	The decrease in t otal assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to
[10]	The decrease in the United States total assets at January 31, 2021 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 January 31, 2021 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million (see Note 6 – Goodwill and Intangible Assets).

Segment and Geographic Inform_5

Segment and Geographic Information - Geographic Location Data (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2021		Jan. 31, 2020	Jan. 31, 2019
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[1]	$ 506,397		$ 700,966	$ 679,567
Operating (Loss) / Income	[2],[3],[4],[5],[6],[7],[8]	(142,127)		42,991	62,197
Total Assets		719,257	[9],[10]	847,308
Property, Plant and Equipment, Net		22,349		29,238
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[1]	214,818		302,426	308,420
Operating (Loss) / Income	[2],[3],[4],[5],[6],[7],[8]	(128,430)		(22,719)	(3,856)
Total Assets		352,517	[10]	425,018
Property, Plant and Equipment, Net		14,792		18,852
International
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[1]	291,579		398,540	371,147
Operating (Loss) / Income	[2],[3],[4],[5],[6],[7],[8]	(13,697)		65,710	$ 66,053
Total Assets		366,740	[10]	422,290
Property, Plant and Equipment, Net		$ 7,557		$ 10,386
[1]	The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[2]	Fiscal 2020 and 2019 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $0.3 million for both periods due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives.
[3]	Fiscal 2021 and 2020 operating loss in the United States locations of the Watch and Accessory Brands segment included $1.6 million and $4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. In the United States locations of the Watch and Accessory Brands segment for fiscal 2019 operating loss included $14.4 million of expenses primarily related to transaction
[4]	Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $8.0 million and $4.6 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.
[5]	Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.
[6]	Fiscal 2021, 2020 and 2019 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $2.7 million, $2.8 million and $2.9 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.
[7]	The International operating (loss)/income included $63.0 million, $73.3 million and $53.8 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[8]	The United States operating loss included $29.1 million, $29.0 million and $43.5 million of unallocated corporate expenses for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.
[9]	The decrease in t otal assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to
[10]	The decrease in the United States total assets at January 31, 2021 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 January 31, 2021 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million (see Note 6 – Goodwill and Intangible Assets).

Segment and Geographic Inform_6

Segment and Geographic Information - Geographic Location Data (Parenthetical) (Details) - USD ($)		3 Months Ended	12 Months Ended
		Apr. 30, 2020	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill and intangible assets			$ 155,919,000	$ 0	$ 0
Charge related to the impairment of goodwill					0
Charge related to the amortization of intangible assets			3,839,000	6,091,000	4,351,000
Operating efficiency initiatives and other items			12,629,000
Net sales	[1]		506,397,000	700,966,000	679,567,000
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales			236,900,000	346,800,000	319,500,000
United States
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill			77,500,000
Net sales	[1]		214,818,000	302,426,000	308,420,000
Unallocated corporate expenses			29,100,000	29,000,000	43,500,000
Impairment charges related to intangible assets			22,200,000
International
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill			56,200,000
Net sales	[1]		291,579,000	398,540,000	371,147,000
Profits related to the company's supply chain operations			63,000,000	73,300,000	53,800,000
Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill		$ 133,700,000
Operating efficiency initiatives and other items			12,629,000
Net sales			447,362,000	612,398,000	595,876,000
Impairment charges related to intangible assets		$ 22,200,000
Watch and Accessory Brands | United States
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives			8,000,000
Operating efficiency initiatives and other items			7,994,000
Watch and Accessory Brands | International
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives			4,600,000
Operating efficiency initiatives and other items			4,635,000
Watch and Accessory Brands | International | Cost Savings Initiatives
Segment Reporting Information [Line Items]
Operating efficiency initiatives and other items				300,000	300,000
Watch and Accessory Brands | MVMT Watches, Inc. | United States
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill and intangible assets			99,700,000
Charge related to the amortization of intangible assets			1,600,000	4,600,000	14,400,000
Watch and Accessory Brands | Olivia Burton Band and City Time Joint Venture | International
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill			56,200,000
Watch and Accessory Brands | Olivia Burton Brand | International
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets			$ 2,700,000	$ 2,800,000	$ 2,900,000
[1]	The United States and International net sales are net of intercompany sales of $236.9 million, $346.8 million and $319.5 million for the fiscal years ended January 31, 2021, 2020 and 2019, respectively.

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2020	Jan. 31, 2019		Jan. 31, 2018
Valuation and qualifying accounts and reserves
Balance at beginning of year	$ 33,205	$ 31,163		$ 32,844
Net (benefit) / provision charged to operations	41,056	45,094		41,998
Currency revaluation	1,430	(20)		(1,247)
Net write-offs	(39,587)	(43,032)		(42,432)
Balance at end of year	36,104	33,205		31,163
Doubtful Accounts
Valuation and qualifying accounts and reserves
Balance at beginning of year	5,643	5,492		4,181
Net (benefit) / provision charged to operations	1,331	734		2,104
Currency revaluation	316	69		(257)
Net write-offs	(248)	(652)		(536)
Balance at end of year	7,042	5,643		5,492
Returns
Valuation and qualifying accounts and reserves
Balance at beginning of year	13,280	13,034		12,359
Net (benefit) / provision charged to operations	31,892	31,232	[1]	32,710
Currency revaluation	325	71		(691)
Net write-offs	(31,596)	(31,057)		(31,344)
Balance at end of year	13,901	13,280		13,034
Other Sales Allowances
Valuation and qualifying accounts and reserves
Balance at beginning of year	8,801	7,380		7,344
Net (benefit) / provision charged to operations	6,189	12,612		9,383
Currency revaluation	251	9		20
Net write-offs	(7,087)	(11,200)		(9,367)
Balance at end of year	8,154	8,801		7,380
Deferred Tax Asset Valuation Allowance
Valuation and qualifying accounts and reserves
Balance at beginning of year	5,481	5,257		8,960
Net (benefit) / provision charged to operations	1,644	516		(2,199)
Currency revaluation	538	(169)		(319)
Net write-offs	(656)	(123)		(1,185)
Balance at end of year	$ 7,007	$ 5,481		$ 5,257
[1]	On February 1, 2018, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) using the modified retrospective method and recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening retained earnings. Under the modified retrospective method, the Company recognized in part an increase in reserve for returns with a corresponding reduction of approximately $817,000 to opening retained earnings as the cumulative effect of adopting the new revenue standard.

Valuation and Qualifying Acco_3

Valuation and Qualifying Accounts (Parenthetical) (Details) - USD ($)	Jan. 31, 2021	Jan. 31, 2020
Valuation And Qualifying Accounts Disclosure [Line Items]
Retained earnings	$ 341,641,000	$ 455,479,000
Returns | ASU 2014-09 | Adjustments
Valuation And Qualifying Accounts Disclosure [Line Items]
Retained earnings		$ (817,000)