Movado can't escape Fossil influence

• Movado (NYSE:MOV) slides in what could be a reaction to a meltdown at Fossil.
• Shares of the watch seller are off 3.45% on above-average volume.
• Movado trades at 50% of its level from 10 months ago with the developments of the Swiss franc an overriding influence.
• Previously: Fossil -13.6% as promotions whack bottom line (Feb. 17 2015)
• Previously: Fossil still bleeding after earnings call and Jefferies defense