MOVADO: THE STORE Lic ense product – A new, modern, minimalist line of Movado sunglasses and frames was introduced in October 2000. Manufactured by Lantis Eyewear Corporation  under an exclusive license agreement, and offered at select optical retailers, the first c ollec tion is comprised of 15 men’s/unisex styles retailing at $195 to $345. License product – Sales and distribution  of Movado clocks, manufactured under  license agreement by Colibri Corporation, both increased during their second year. Reflecting Movado design simplicity in their fluid lines and sculpted forms, the clocks are sold at Movado Boutiques, fine department stores, independent jewelers and gift stores throughout North America and the Caribbean. Building a lifestyle brand – We c ontinue to build and diversify our product offerings to make  our Mo vado stores a lifestyle  destination not only for watches  but for jewelry and gifts. 14 Movado Group, Inc. 2001 Movado Boutique Product Mix 10% Gifts and  Tabletop 41% Jewelry 49% Watches