![]() ![]() The Group employs some 29 000 persons in over 50 countries. Swatch Group is also the most important player in advanced nanomechanical and nanoelectronic technologies essential to watchmaking and other industries. Swatch Group supplies nearly all components required to manufacture its finished watches and supplies movements and components to third-party watchmakers in Switzerland and around the world. Present in all segments of the retail watch market, the Group is also active in the manufacture and sale of jewelry, watch movements and components. Group companies sell watches under nineteen different brands and the multibrand Tourbillon retail mark. Swatch Group is the world’s number one maker of finished watches. In the fall of 2010, the Hope Diamond was displayed in a special setting designed by Harry Winston to mark the 50th anniversary of its donation. The House of Harry Winston, established in New York City in 1932 by Harry Winston himself, is recognized globally for its fine diamond jewelry. Harry Winston is renowned for donating the world’s most famous gemstone, the Hope Diamond, to the Smithsonian Institution in Washington D.C, where it has been one of the world’s most visited exhibitions. The company has an unrivalled position as the most exclusive and prestigious jewelry retailer and is known for its expertise, fine craftsmanship, quality gems and innovative gemstone settings. The transaction is subject to the approval of the different regulatory authorities.įounded in 1932, Harry Winston is the inventor of modern couture jewelry and is known as the «King of Diamonds» and «Jeweler to the Stars». We are proud and happy to welcome Harry Winston to the Swatch Group family – diamonds are still a girl’s best friend.» Gannicott – Chairman of the Board and Chief Executive Officer of Harry Winston Diamond Corporation commented: «The Harry Winston brand now has a new home that can provide the skills and support that it deserves to realize its true potential.»Īnd Nayla Hayek, Chairwoman of The Swatch Group Ltd., says «Harry Winston does brilliantly complement the prestige segment of the Group. The transaction does not include the mining activities of Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) – new: Dominion Diamond Corporation –, in Toronto (Canada). The acquisition sum amounts to US$ 750 million plus the assumption of up to US$ 250 million of pro forma net debt. acquires the brand and all the activities related to jewelry and watches, including the 535 employees worldwide and the production company in Geneva (Switzerland). in Biel/Bienne acquires 100% of the shares of the US company HW Holdings Inc., owner of Harry Winston Inc., 718 Fifth Avenue, New York 0019 (NY). And it’s every bit the gem: soaring ceilings, exquisite moldings, herringbone floors, a 64-foot-long gallery space, and both public and private wings-all accessible, naturally, by private elevator.The Swatch Group Ltd. Now the six-bedroom co-op, which overlooks Central Park’s Conservatory Water, is on the market with Sotheby’s International Realty for $32.5 million. “King of Diamonds” Harry Winston was known to entertain up to 100 guests in his 14-room apartment on the ninth floor at 927 Fifth Avenue, just a few minutes’ walk from his namesake store. The 60th-floor condo sold for $50.9 million in 2020, the Journal reported, while the 61st floor property went for $51.4 million. The sale was made through a limited-liability company, which kept both the buyer and sellers’ identities confidential, but both units are resales that earned the owners a pretty penny. The latest deal includes a 5,935-square-foot, full-floor condo on the 60th floor for $82.5 million, plus another full-floor unit one floor above for $75 million, as well as a studio on the 18th floor.
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