Movado group inc says calvin klein & co and its hong kong unit entered trademark license agreement

Movado group inc - calvin klein & co and its hong kong unit entered trademark license agreement dated as of august 19, 2020.movado group inc - calvin klein grants co worldwide right and license to use trademarks calvin klein and ck/calvin klein.movado group inc - worldwide right and license is related to development, manufacture, sale of watches and jewelry commencing jan. 1, 2022.movado group inc - term of agreement continues until december 31, 2026.movado group inc - required to make qtrly royalty payments beginning in q1 of calendar 2022 based on a specified percentage of product net sales.movado group inc - must obtain calvin klein's approval of product designs, packaging and related material.
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