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Many of the US firms right now are searching for other ways for save funds and cut prices. Movado was founded in the late nineteenth century, when the Swiss watch business was nearing its apex. A young watchmaker's assistant by the name of Achille Ditesheim set up shop in the Jura Mountains. With six full-time employees, he constructed his unnamed business into one of many prime watchmakers in 1897, the company had eighty full-time workers and an unblemished popularity. Even at a time when Swiss watchmakers were exporting round 60,000 watches each year, the company was one of the successful businesses within the country. But it surely still needed a name.

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