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

 

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

Get Adobe Flash player

Celebrity News

Sofia Boutella wore Messika at the London Premiere of Star Trek and Beyond

Ana Beatriz Barros selects Chopard for her wedding to Billionaire Karim El Chiaty

Keke Palmer shines with Messika Jewellery at the VH1 Hip Hop Honors.

Calendar of Events

Exhibition & Events

BIJORHCA Paris event to take place in September in Paris.

Christie to hold special series of sale - Patek Philippe Nautilus collection.

Hermès host the ‘‘Crafting Time' exhibition in Paris.

Our Group Websites

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

Get Adobe Flash player