Who owns harry winston

Or, will Swatch put new investment into Winston as a watchmaker and allow them to produce their own movements sooner than expected. Breguet is Swatch's crown-jewel, but Winston is arguably a much more recognizable and valuable brand. While Winston's watch products are completely different than those from Breguet, the pricing is similar. The Opus is such a beautiful and fun project. Taking the resources of Winston and putting them into one truly exceptional and creative watch per year has paved the way for countless of the independent watchmakers we know today - FP Journe, Urwerk, Jean-Marc Wiederrecht, Greubel Forsey, etc.

It yielded 18 magnificent stones, including the The Scene. Type keyword s to search. Here, 10 fascinating facts about Harry Winston. A portrait of Harry Winston, taken in Eliot Elisofon Getty Images.

Every year the firm lends out hundreds of millions of dollars' worth of jewels to be worn by movie stars at events like the Oscars. Its strong position in the U. Citi analysts said they expected earnings before interest, tax, depreciation and amortization EBITDA at Harry Winston's luxury unit to rise to 15 percent in the full year ending in January from 8 percent two years earlier, implying an enterprise value to EBITDA ratio of Vontobel's Rene Weber called the purchase "a great fit for a high price".

Under Swatch Group's ownership, the share of watches at Harry Winston should rise to percent from about 25 percent currently and profitability should increase, he said. Skip to main navigation Skip to content Skip to footer navigation. The History of the House A timeline of the key moments and milestones that make up the House's incredible legacy. The son of immigrants, Winston grows up in modest surroundings and is exposed from an early age to the inner workings of his father's small jewelry shop on the city's west side.

At the age of 12, a young Winston spots a green stone in a tray of costume jewelry at a pawnshop. While the shop owner thought it was just a piece of glass, Winston knows it to be an emerald. When Winston presents his purchase to his father, the elder Winston is sure that the stone is just a piece of glass, and is about to take a file to it when his son stops him just in time. Winston continues to gain experience working under his father and after a few years decides to move back to New York to start building his empire.

As a newcomer in a one-man operation, he must stretch his resources and works tirelessly to build his business. In the late s, while on a train to Atlantic City, Harry Winston meets a captivating lady named Edna Fleischman, who will ultimately become his wife. Almost 90 years later, the Huntington estate would inspire the House's Belle Collection.

By , Winston has built a sterling reputation and his business soars to the upper echelon of the New York gem trade. By popular demand, he begins to manufacture jewelry under his own name, and opens the doors of Harry Winston, Inc.

Edna imparts a glamorous influence: her stylish aesthetic is often reflected in Harry Winston advertising.