Harry Winston is one of the world’s leading diamond corporations. Harry Winston owns extensive mining and retail assets: The company owns 40% of the Diavik diamond mine in Canada or some 3% of the overall world production of diamonds from the aspect of value. In the retail area, the company operates 18 Harry Winston stores featuring fine jewelry and watches in many of the world’s major cities including New York, Paris, London, Beijing, Tokyo and Beverley Hills. The company also operates 150 distribution points of its luxury watches all over the world.
The Harry Winston fine jewelry chain is considered one of the founders of the modern fine jewelry culture. The company enjoys the high regard of luxury jewelry consumers due to its exceptional settings and top quality stones. A study conducted in 2008 indicates that most consumers of high-end brand jewelry regard Harry Winston as the leading luxury brand.
In 2007, the corporation achieved record sales of $679.3 million, with profits reaching $217.7 million. Profits for the mining segment reached $413.8 million while the retail division recorded $265.5 million in profits.
In December 2008 Harry Winston hit the headlines in a less than positive context after armed robbers stole diamonds valued at $108 million from the company’s store in Paris, in one of the largest heists in history.
