The three May sales totaled $202 million for some 400 lots, with a number of items soundly beating their high estimates, like the “Briolette of India” necklace from Harry Winston, featuring a 90-carat D-color diamond, that went for 6.3 million Swiss francs (or $7.1 million) or the 55-carat “The Star of Africa” ruby and diamond pendant necklace from Harry Winston fetched 2.7 million Swiss francs (just over $3 million), almost twice its initial top price. Organizations representing Holocaust survivors had decried the sale for its connection to the spoliation of Jews during World War II.Īustrian-born Horton, who died in 2020, inherited significant funds upon the 1987 death of her husband Helmut Horten, a German retailer whose department store chain benefited from Nazi-era policies that saw him purchase businesses from Jewish people forced to sell them at low prices.įollowing the initial outcry, Christie’s had committed ahead of the May sales to donate “a significant portion of its commission to organizations that contribute to vitally important Holocaust research and education,” adding it would be up to these to communicate further.Ī presale estimate for the whole collection placed it at some $150 million but was expected to break records with its catalogue of more than 700 jewels from the likes of Harry Winston, Bulgari and Cartier. The Harry Winston Midnight Automatic is another good looking piece, and a real contender in the dress watch category, full of thoughtful design traits like this. We suspect that the majority of the brands income was from diamond decorated women’s models with more simple quartz movements.The highly unusual move comes after months of controversy regarding the origins of the fortune used by Horton to purchase the jewelry. Harry Winston’s main timepiece collections are the Ocean and Midnight families. It has been rumored that while excellent for press and branding, the Opus was either a money losing or barely profitable segment of the brand. It is very much unclear what the future of the Opus collection will be with Harry Winston under Swatch Group ownership. He also most well-known for the creation its “Opus” line of annual watches that are favorites among watch lovers. Exclusive Harry Winston Opus 9 Price, Zenith Cohiba Price,w0967g2,u0291g1,cover Switzerland Watch Price,w1009l1,guess W0729l4,w0798g1,fossil Tailor Es3911. Free shipping on many items Browse your favorite brands affordable prices. It was Max Busser (now of MB&F watches) that helped turn around its timepiece division. Prices for Harry Winston watches can differ depending upon gemstone, time period and other attributes. Get the best deals on Harry Winston Watches when you shop the largest online selection at. Together that more or less equates to a price of $1 billion for Harry Winston.Īround the turn of the century, Harry Winston was also in trouble. The Premier Ladies 36 mm is made of 18-karat white gold and fully encrusted in 600 baguette-cut. Several High Jewelry Timepieces occupy the upper end of this price range. According to the Swatch Group the purchase price for Harry Winston was the quite reasonable sum of $750 million, plus $250 million in debt. Prices for Harry Winston watches range from a few thousand dollars for a pre-owned quartz timepiece to several hundred thousand for highly complicated mechanical masterpieces. Brand NWT 35 Harry’s Winston Shave/Razor Set w Foaming Shave cream. This is the first time in quite some while that the Swatch Group has acquired a high profile jewelry and watch maker. Harry Winston Ocean Sport 44mm Zalium Skeleton Watch Chronograph Date Titanium. Logically the Swatch Group will incorporate much of Harry Winston in its own existing operations and install its own management, thereby making a lot of Harry Winston’s existing employees redundant. In 1932, it became part of the newly established Harry Winston Inc. In 1920, Harry Winston founded The Premier Diamond Company at 535, Fifth Avenue, New York. While the Swatch Group now has control of all of the 535 worldwide Harry Winston employees, it is unclear what the future for those employees is. Harry Winston Watches at Discount Prices. According to the Swatch Group, the terms of the purchase include 100% of the United States shares of HW Holdings Inc. We’d say that it didn’t take long for Harry Winston and the Swatch Group to begin acquisition negotiations and to reach a deal. Now only a few months later, a buyer has emerged. Though popular, it was a widely known fact that Harry Winston was in a money losing position from a business perspective and was rumored to have been seeking a buyer for at least a little while. Back in October Reuters announced that Harry Winston was searching for a buyer for its timepiece and jewelry division. That is all of Harry Winston except its diamond mining division which was not acquired by Swatch Group (nor sold as far as we know). The Swatch Group and Harry Winston announced today, January 14th, 2013, that Swiss Swatch Group has acquired the entirety of the Harry Winston jewelry and timepiece division.
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