Harry Winston, Inc. is an American luxury jeweler and producer of Swiss timepieces. The company was founded in 1932 as ''Harry H. Winston Jewels, Inc.'' and changed its name to ''Harry Winston Inc.'' in January 1936. The company is named after its founder, Harry Winston, who was called by many as the "King of Diamonds". Harry Winston is widely regarded as one of the most prestigious jewelry manufacturers in the world. The company has its headquarters in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

, and is a wholly owned

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

of the Swiss

Swatch Group The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 through the merger of ASUAG and SSIH, moving to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the tradition ...

, which acquired it from the

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

-based Harry Winston Diamond Corporation (now known as ACDC) in January 2013.

History

Early history

American jeweler Harry Winston opened his first store under name ''Harry H. Winston Jewels, Inc.'' in 1932. In 1936, the company changed its name to ''Harry Winston Inc..'' Harry Winston was the first jeweler to loan diamonds to an actress for the

Academy Awards The Academy Awards, commonly known as the Oscars, are awards for artistic and technical merit in film. They are presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) in the United States in recognition of excellence in ...

, in 1943; after dressing Best Actress nominee

Jennifer Jones Jennifer Jones (born Phylis Lee Isley; March 2, 1919 – December 17, 2009), also known as Jennifer Jones Simon, was an American actress and mental-health advocate. Over the course of her career that spanned more than five decades, she was nomin ...

in his signature diamonds, Winston became popular with Hollywood celebrities.

Recent development

After the death of the company's founder, Harry Winston, the company went to his two sons, Ronald and Bruce, who then entered into a decade-long battle over the control of the company. In 2000, Ronald, along with new business partner, Fenway Partners, bought Bruce out from the company for $54.1 million. In 2010–2011, the company's sales were €246 million in total sales and €36 million in watches. The company also got a new CEO, Frederic de Narp, formerly of the Cartier North America. He succeeded Tom O'Neill. On January14, 2013, Harry Winston, Inc. announced that it has entered into an agreement to sell its luxury brand diamond jewelry and timepiece division, Harry Winston Inc., to the Swiss

. The transaction included the brand and all the activities related to jewelry and watches, including the 535 employees worldwide and the production company in

Geneva, Switzerland Geneva ( , ; ) ; ; . is the second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the capital of the Republic and Ca ...

Boutiques

Currently, there are Harry Winston retail stores in ‌

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

Italy Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land b ...

Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...

Macau Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by p ...

Monaco Monaco, officially the Principality of Monaco, is a Sovereign state, sovereign city-state and European microstates, microstate on the French Riviera a few kilometres west of the Regions of Italy, Italian region of Liguria, in Western Europe, ...

Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...

Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...

United Arab Emirates The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a Federal monarchy, federal elective monarchy made up of Emirates of the United Arab E ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

and

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

Noted acquisitions

The company bought the flawless blue diamond The Winston Blue on 15May 2014.

References

External links

New York Times article on Harry Winston Paris store heist
{{Authority control Design companies established in 1932 Companies based in New York City Jewelry retailers of the United States Watch manufacturing companies of the United States Luxury brands The Swatch Group Retail companies established in 1932 1932 establishments in New York City 2013 mergers and acquisitions