By  on June 5, 2008

Harry Winston's first-quarter retail sales grew 27.4 percent, thanks to strength in Asia and Europe, but expenses and lower-margin sales led to a widening of operating losses.

The retailer's operating loss for the quarter more than doubled to $2.4 million from $1.1 million a year ago. Sales for the three months ended April 30 grew to $74.7 million from $58.6 million.

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