Swatch, apparently a giant in the timekeeping world (it has the highest global sales numbers, with some pieces that retail for over $300,000), purchased Harry Winston, and will now be incorporating the jeweler’s 535 employees and $250 million debt.
This is all quite the love story, but I just hope we don’t see the two brands really combine their DNA. I imagine their progeny would be an ostentatious diamond ring the color of cotton candy puke, with a candy cane-colored vinyl band.
Freja Beha Erichsen for Harry Winston, by Patrick Demarchelier
via TFS Forums
[via Mediabistro]
