Harry Winston Diamond Corp shares are currently trading off about 5.4% on the day.
The transaction does not include the Canadian-based diamond mining activities of Harry Winston Diamond Corp.
FORBES: Swatch Group Acquires Harry Winston's Luxury Retail Division For $1 Billion
Harry Winston Diamond Corp. is a business with assets in the mining and retail segments of the diamond industry.
FORBES: Harry Winston's Luxury Retail Business Is Not For Sale
It might also seem like when you buy a Harry Winston diamond ring what you get is a Harry Winston diamond.
When this transaction is completed the company, Harry Winston Diamond Corp.
FORBES: Swatch Group Acquires Harry Winston's Luxury Retail Division For $1 Billion
Investors were looking for much better earnings from diamond retailer Harry Winston Diamond Corporation when the company reported its third quarter earnings after the bell Thursday.
Sotheby's also has a piece of outstanding celebrity bling: the Harry Winston diamond and garnet bracelet Halle Berry wore when she won her 2002 Oscar for best actress.
In response to recent media reports, Harry Winston Diamond Corp. issued a statement Thursday saying it is not in talks to sell its luxury jewelry and watch business.
FORBES: Harry Winston's Luxury Retail Business Is Not For Sale
In addition to being a luxury jeweler and timepiece company, Harry Winston Diamond Corp. operates as a diamond mining business with a 40 percent ownership interest in the Diavik Diamond Mine.
FORBES: Swatch Group Completes $1 Billion Harry Winston Acquisition
Swatch and Harry Winston Diamond Corp.
FORBES: Swatch Group Completes $1 Billion Harry Winston Acquisition
While many companies are struggling in this sluggish recovery Harry Winston Diamond Corp. seems to have the best of both worlds as it has businesses in the diamond mining sector and as a luxury jewelry and watch retailer.
Harry Winston is a premier diamond jeweler and luxury timepiece retailer with luxury salons in key locations around the world.
Harry Winston said higher rough diamond prices and better high-end jewelry demand were key contributors to its performance during the quarter.
FORBES: Luxury Demand Gets Boost From China's Diamond Appetite
Harry Winston shares ownership of the diamond mine in the Northwest Territories of Canada with mining giant Rio Tinto, which owns a 60 percent stake.
FORBES: Harry Winston's Luxury Retail Business Is Not For Sale
Since 2006, the company operated as two segments: a luxury retail jewelry and watch division under the iconic Harry Winston brand name and a diamond mining business.
Though its origins are shrouded in mystery, the diamond was bought by Harry Winston in 1957 and repolished.
When not in talks to buy diamond mines, Harry Winston, better known as an international luxury retailer, is working on its jewelry and watch business.
Jewelry business insiders call British diamond merchant Graff the new Harry Winston.
Arriving first, Chastain conjured golden era Hollywood in gilded Armani Prive and a combination of Deco diamond earrings and bracelet, courtesy Harry Winston.
The top diamond jewelry brand in America, Harry Winston, had descended into chaos after its founder died in 1978 and sons Ronald and Bruce engaged in a nasty legal battle that crippled the business.
The late Harry Winston, the jeweler to the stars, even gave the Hope Diamond to the Smithsonian Institution on the installment plan.
Way back in August, we reported that Harry Winston (NYSE: HWD) was thinking about selling its namesake diamond retail business to focus solely on its mining operations.
Harry Winston in May announced that it is involved in the establishment a polished diamond investment fund.
Robert Gannicott, Harry Winston chairman and CEO, said changes in both luxury retail and the diamond markets, as well as the need for cash, led to the decision to sell its luxury retail operation.
FORBES: Swatch Group Acquires Harry Winston's Luxury Retail Division For $1 Billion
Harry Winston supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine.
FORBES: Harry Winston's Luxury Retail Business Is Not For Sale
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