1 investment thesis strong solid business fantastic management great portfolio of brands short term catalysts & long growth opportunities 2 agenda company overview industry risks analysis q a revenue breakdown wholesale jewelry stores department retail outlets luxury 28 movado boutiques 3 geographical domestic international opportun ities china s market 2bn ii 4 first incorporated history 93 97 83 70s 67 06 future 04 01 98 5 moderate 100 499 fashion 55 99 mass premium 500 9 999 exclusive 10 000 founded 1881 switzerland design by horwitt distinctive minimalist launch series 800 increase sell in at federated focus on us and chinese markets 6 ebel 1911 brasilia line sales doubled over last quarter 29 year concord 1908 not as other set to undergo revamping this coming hired new 7 esq unique positioning affordable watch project double digit for 07 licensed increased 20 coach one the most powerful fall
