Harry Winston sales rise 45 percent in Q2 2011

Increase FontSizeDecrease FontSize
18-Sep-2011

During the second quarter, Harry Winston Diamond Corp. sales rose 45 percent though rising costs put downward pressure on profits. Total sales for Harry Winston in the second quarter ended July 31 were $222.4 million, up from $153.7 million in the same period in 2010. Operating profit fell from $29.9 million to $23.1 million, a 23 percent decline. Retail segment sales jumped 98 percent, from $66.9 million to $132.8 million due to few big-ticket transactions totaling $55.6 million. The company said demand for luxury goods remains strong worldwide but it is emerging markets that are driving sales growth. 

 

Post a comment

Advertisement

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Celebrity News

Cheryl Boone Isaacs wears Mauboussin at the Oscars

Uma Thurman wears Chopard to the New York premiere of Nymphomaniac

Cate Blanchett and Matthew McConaughey wore Chopard at the Oscars

Exhibition & Events

Sotheby's, Arts of Islamic World to be held on April 9th 2014

Antiquorum to present its auction of “Important Modern & Vintage Timepieces”

The 42nd Baselworld ends with a positive mood for Swiss Exhibitors

Our Group Websites

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player