he Movado Group held its annual “summit” last March in Davos, Switzerland, just a few days ahead of Baselworld. Some 500 representative of the professional watch community, aficionados and press from 40 countries (including Europa Star) attended the event. According to CEO Efraim Grinberg, the group spent around $2 million for the 3-day summit in the Swiss mountains, against about $10 million previously when it was an exhibitor at the Basel fair, which it left in 2017.
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