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Our Business
Overview
Harry Winston Diamond Corporation’s core business is maximizing the value of its rough diamonds – both the transaction price and by placing tailored parcels of rough diamonds with selected buyers who can, in turn, provide high-quality polished stones for use by our Harry Winston diamond jewelry business.
Harry Winston Diamond Corporation’s primary source of rough diamonds is its 40 per cent ownership of the Diavik Diamond Mine, located in Canada’s Northwest Territories, which has some of the richest diamond ore bodies in the world. Through its ownership interest, Harry Winston Diamond Corporation controls approximately 3 per cent of the world’s production of diamonds, by value.
Harry Winston Diamond Corporation achieves added value from its Diavik production by sorting its rough diamonds into sales parcels that meet the specific needs of clients in the diamond capitals of Antwerp, New York, Tel Aviv and Mumbai – functions typically performed by wholesalers and brokers.
Harry Winston Diamond Corporation’s ability to provide the rough diamonds desired by these customers earns the company a preferred position in the marketplace and facilitates the acquisition of the best stones for the retail segment, Harry Winston Inc.
Drawing on the full spectrum of Harry Winston Diamond Corporation’s resources, Harry Winston Inc. is embarking on a major growth initiative that will generate industry-leading financial performance from an expanded international network of salons and a broadened range of watches and jewelry that continues to reflect the essence of luxury synonymous with the name.
With salons currently in New York, Beverly Hills, Las Vegas, Bal Harbour, Honolulu, Paris, London, Geneva, Tokyo- Ginza, Tokyo – Omotesando, Osaka and Taipei, Harry Winston Inc. intends to expand its retail network, both in the US and internationally, while retaining its invaluable position as the world's premier luxury jewelry retailer.
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