Harry Winston Plans Rapid Expansion

Upscale jeweler Harry Winston foresees major growth that
will more than double its store count, CEO Fredric de Narp told Reuters
May 24.

While the chain currently has 19 stores, it plans to have as
many as 50 in five years.

De Narp spoke via telephone to the news agency’s Global Luxury and Fashion
Summit.

Most of the growth will take place in China, de Narp said,
where the company plans to open 10 stores in the next five years.  It currently only has two. It is also looking
at Russia, Dubai, Geneva, and London.

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