Luxury jeweler and mining firm Harry Winston Diamond Corp. said Thursday it swung to a loss in the fourth quarter as its retail sales sank 20.8 percent for the period.
Weighed down by noncash goodwill impairment related to retail operations totaling $93.8 million, or $1.53 a share, the Toronto-based firm recorded a net loss of $73 million, or $1.19 a diluted share, for the quarter ended Jan. 31. For the same quarter last year, the company had a profit of $90.4 million, or $1.54 a share. Net sales fell 37.1 percent to $118.4 million from $188.2 million last year while retail sales dropped to $67.3 million from $85 million.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)