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Friday, 10th June 2005 (5918 views)

Luxury jeweller Harry Winston is to expand, as part of new plans by its owner Aber Diamond Corp.<br/><br/>According to Canadian Press, the Toronto-based miner has a 51 per cent interest in the celebrity jeweller and wants to increase the number of stores.<br/><br/>It is looking to build on the current nine stores and increase it to 25.<br/><br/>Harry Winston reported first quarter sales of $41.6 million and has already opened two new stores since Aber bought its share in 2004.<br/><br/>'A brand like Harry Winston has much broader recognition than a name like Aber, including the equity marketplace,' Aber CEO, Robert Gannicott, explained.<br/><br/>The company is thought to be particularly keen on opening a new store in Canada, with Toronto a keen favourite.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8715119"/>

 

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