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"The team's efforts allowed us to capture strong online demand where our Movado (MOV-0.3%) brand generated a 130% increase in our own and third party e-commerce sales. In North America, we reopened our outlet stores in June and were encouraged by the improved sequential performance in July, despite reduced stores hours. We are also seeing encouraging demand in our domestic department store channel. In China, we had a 16% increase in Q2 sales with trends continuing to accelerate and we had positive top line growth in France and Germany, despite our customers being closed for nearly half of Q2," chairman & CEO Efraim Grinberg commented.
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