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Fashion Jobs
L'OREAL GROUP
Area Sales Manager - Consumer Products Division, Mumbai
Permanent · Mumbai
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Lead Product Management – ed&a, Icc, India
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
By
Reuters
Published
May 24, 2012
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Movado raises full-year outlook, sees strong 1st quarter

By
Reuters
Published
May 24, 2012

Watchmaker Movado Group Inc raised its full-year profit outlook and said it expects to post strong first-quarter results driven by higher demand for its luxury and licensed brand categories.


Photo: Movado


Shares of Paramus, New Jersey-based company were up 9 percent to $28.34 on Wednesday, making it the top percentage gainer on the New York Stock Exchange.

Movado, which distributes watches under licensed brands like Juicy Couture and Lacoste, now expects to post full-year profit of $1.15 per share up from its previous forecast of $1.10 per share.

Citi analyst Oliver Chen wrote in a note that the company's stock will reflect a continued upside on strong inventory control, revenue momentum and increasing global footprint.

The company, which sells its products through upscale department store chains and jewelry shops, has been launching new products and increasing marketing spending to attract more customers.

Movado expects first-quarter profit of 24 cents per share to 26 cents per share and expects sales to rise 15 percent to $103 million.

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