UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Movado Group, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
624580106
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(CUSIP Number)
December 31, 2001
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(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided in a
prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
CUSIP 624580106 SCHEDULE 13G Page 2 of 5
1 Name of Reporting Person BRICOLEUR CAPITAL MANAGEMENT LLC
IRS Identification No. of Above Person 13-40036
2 Check the Appropriate Box if a member of a Group (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 Citizenship or Place of Organization Delaware, United States
NUMBER OF 5 Sole Voting Power 114,900
SHARES
BENEFICIALLY 6 Shared Voting Power 262,100
OWNED BY EACH
REPORTING 7 Sole Dispositive Power 114,900
PERSON WITH
8 Shared Dispositive Power 262,100
9 Aggregate Amount Beneficially Owned by Each Reporting
Person 377,000
10 Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11 Percent of Class Represented by Amount in Row 9 3.9%
12 Type of Reporting Person IA
CUSIP 624580106 SCHEDULE 13G Page 3 of 5
Item 1(a). Name of Issuer.
Movado Group, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
650 From Road
Paramus, NJ 07652
Item 2(a). Names of Persons Filing.
Bricoleur Capital Management LLC ("Bricoleur")
Item 2(b). Address of Principal Business Office or, if none,
Residence.
12230 El Camino Real, Suite 100
San Diego, CA 92130
Item 2(c). Citizenship.
United States.
Item 2(d). Title of Class of Securities.
Common Stock
Item 2(e). CUSIP Number.
624580106
Item 3. Type of Reporting Person.
If this statement is filed pursuant to Rule 13d-1(b) or
Rule 13d-2(b) or (c), check whether the person filing
is a:
(a) [ ] Broker or dealer registered under section 15 of
the Exchange Act.
(b) [ ] Bank as defined in section 3(a)(6) of the
Exchange Act.
(c) [ ] Insurance company as defined in section 3(a)(19)
of the Exchange Act.
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940.
(e) [x] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
CUSIP 624580106 SCHEDULE 13G Page 4 of 5
(g) [ ] A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Reference is hereby made to Items 5-9 and 11 of page two (2)
of this Schedule 13G, which Items are incorporated by reference herein.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following [X].
Item 6. Ownership of More Than Five Percent on Behalf of Another
Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below, the undersigned certifies that, to the
best of his knowledge and belief, the securities referred to above were
acquired and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
CUSIP 624580106 SCHEDULE 13G Page 5 of 5
Signature
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
BRICOLEUR CAPITAL MANAGEMENT LLC
By:/s/ Robert M. Poole
______________________________
Robert Poole, Management Committee Member
DATED: February 13, 2002