Movado Group, an American luxury watchmaker, completed the acquisition of MVMT, an American watchmaker, for $100m. “I am excited to officially be part of the Movado team. The entire MVMT team shares in my excitement as we will now be able to benefit from the resources and brand expertise of Movado Group that will help MVMT achieve our long-term objectives,” Jake Kassan, MVMT Co-founder and CEO.