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Pedestrians walk past the Harry Winston jewellery store on Fifth Avenue in New York. (LUCAS JACKSON/REUTERS)
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Harry Winston deal a breakup made in heaven
SEAN SILCOFF
— The Globe and Mail
Published
Last updated
There was never much strategic rationale for the corporate marriage that created Harry Winston Diamond Corp. Aside from a common interest in diamonds, the Toronto-based company’s two main assets – a 40-per-cent stake in the Diavik diamond mine in the Northwest Territories and the Harry Winston chain of ultra-high-end jewellery stores – were two very different businesses with little in common.