{"url_path":"/sec/mov/8-k/2026-07-16/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/72573/0000950142-26-002107-index.html","accession_number":"0000950142-26-002107","cik":"0000072573","ticker":"MOV","issuer_name":"MOVADO GROUP INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/72573/0000950142-26-002107-index.html","primary_entity_key":"0000072573","primary_entity_name":"MOVADO GROUP INC"},"word_count":323,"has_tables":true,"body_markdown":"**Item 1.01**\n**Entry into a Material Definitive Agreement.**\n\n \n\nOn July 16, 2026, Movado Group, Inc. (the “Company”), together\nwith Movado Group Delaware Holdings Corporation, Movado Retail Group, Inc. and Movado LLC (together with the Company, the “U.S.\nBorrowers”), each a wholly owned domestic subsidiary of the Company, MGI Luxury Group GmbH (the “Swiss Borrower” and,\ntogether with the U.S. Borrowers, the “Borrowers”), a wholly owned Swiss subsidiary of the Company, and Movado Group Nederland\nB.V., a wholly owned Netherlands subsidiary of the Company, as guarantor (the “Guarantor”), entered into an Amendment No.\n7 to Credit Agreement (the “Amendment”) with the lenders party thereto and Bank of America, N.A., as administrative agent\n(in such capacity, the “Agent”), which amends the Company’s Amended and Restated Credit Agreement dated as of October\n12, 2018 by and among the Borrowers, the Guarantors, the lenders party thereto and the Agent (the “Credit Agreement”). The\nAmendment, among other things, (i) extends the maturity of the Company’s senior secured revolving credit facility (the “Facility”)\nprovided under the Credit Agreement from October 28, 2026 to July 16, 2031, (ii) reduces the commitments under the Facility from $100.0\nmillion to $75.0 million, (iii) eliminates the 0.10% per annum SOFR adjustment and (iv) increases the interest rate margins under the\nFacility by 0.10% per annum.\n\n \n\nThe Facility includes a $15.0 million letter of credit subfacility and\na $25.0 million swingline subfacility, with provisions for uncommitted increases of up to $50.0 million in the aggregate subject to customary\nterms and conditions. As of July 16, 2026, no loans were drawn, and approximately $299,000 in letters of credit were outstanding, under\nthe Facility. As of July 16, 2026, availability under the Facility was approximately $74.701 million.\n\n \n\nThe foregoing description of the Amendment is not complete and is subject\nto and qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein\nby reference."}