<Tr> <Th> Total assets </Th> <Td> US $440,000,000 (2009) </Td> </Tr> <Tr> <Th> Website </Th> <Td> movado.com </Td> </Tr> <P> Movado is a Swiss watchmaker best known for its Museum Watch . Designed in 1947 by Bauhaus - influenced artist Nathan George Horwitt, the watch dial has a very simple design dial defined by a solitary dot at 12, symbolizing the sun at high noon . It was first made by Vacheron & Constantin - Le Coultre Watches, Inc., and later produced by Movado . Horwitt's dial was selected for the permanent design collection of the Museum of Modern Art, New York, in 1960, the first watch dial awarded this distinction . The single dot dial now appears in many of Movado's timepieces . </P> <P> Movado was founded as LAI Ditescheim & Freres SA in 1881 in La Chaux - de-Fonds, Switzerland, by Léopold Achille Isidore Ditesheim . In 1983, the company was purchased by Gedalio Grinberg, a Cuban - born Jew, who fled Fidel Castro's Marxist Revolution in 1960 with his family . </P>

Who designed the single gold dot synonymous with the movado watches