RCS Real Estate Advisors completes engagement with Movado Group

New York City Retail real estate advisory firm RCS Real Estate Advisors announced that it has successfully completed its engagement with Movado Group, supporting in the closure of Movado Group’s retail boutiques.

RCS Real Estate Advisors was retained to assist with a strategic assessment of the subsidiary’s performance and to negotiate cost-effective lease terminations of the relevant locations. Following the assessment, Movado Group announced the closure of its boutique division and RCS Real Estate Advisors successfully negotiated the boutique closures, which Movado Group completed, effective July 20.