Harry Winston Denies It’s Selling Jewelry Business

Harry Winston has now officially denied the two published reports that claimed it is planning to sell its watch and jewelry business.

“In response to recent media reports, Harry Winston Diamond Corporation announced that while it is the Company’s general policy not to comment on market rumors, it confirms that it has received various indications of interest regarding a potential purchase of its luxury brand segment.” But, it added, “it is not in active negotiations regarding any such transaction.”

It said it “does not intend to make any further public announcements regarding this matter unless it concludes that they are warranted by the circumstances or are required by law.”