Pandora news and archive

Pandora reports ‘resilient growth’, outlook remains ‘uncertain’

Jewellery specialist Pandora has outlined its Q1 for 2023, reporting its “fourth consecutive quarter of resilient growth” despite facing macroeconomic challenges. The company reported organic 1 percent growth, while its like-for-like sales were at 0 percent. This compared to its 21 percent growth in Q1 2022. Its revenue for the quarter rose from...

People

Pandora names chief of retail operations

Pandora has promoted Massimo Basei to chief of retail operations from his role as general manager of Southern Europe, the Middle East and Africa. Basei starts his new role on April 1 and will report to Pandora chief executive Alexander Lacik and serve on the jewellery brand’s executive leadership team. As chief of retail operations, Basei will...

Report

Pandora secures 500 million euro sustainability-linked Eurobond

Danish jewellery manufacturer Pandora has announced that it has successfully placed an aggregate principal amount of 500 million euros senior unsecured sustainability-linked notes due 2028. The move comes under the brand’s newly established Euro medium-term note (EMTN) programme, with the aforementioned notes to be issued March 10 at a price of...

People

Pandora names Byron Clayton as chief HR officer

Danish jewellery brand Pandora has appointed Byron Clayton as its new chief HR officer. Clayton joins Pandora on February 1 from Ikea, where he served as deputy chief people officer, supporting its global retail workforce of more than 170,000 employees. Prior to joining Ikea in 2019, he held HR leadership positions at Nokia, Microsoft, Maersk,...

BusinessFeatured

Pandora to create 133 new jobs in New York City

Danish jewellery brand Pandora is to create 133 new full-time jobs in New York City with the opening of its permanent North American headquarters in early 2023, following the opening of a temporary office in July. The new offices will be located at 1540 Broadway in Times Square and will span more than 27,000 square feet on the building’s 35th...

Business |Jewellery

Pandora’s European distribution centre hit by fire

Danish jewellery brand Pandora’s European distribution centre, located in Hamburg, Germany was affected by a fire over the weekend. Pandora said in a statement that the fire has now been extinguished and no people were impacted by the incident. On inspection of the centre, Pandora added that all its jewellery inventory is intact, and it expects...

Fashion |In Pictures Featured

Pandora unveils collaboration with Keith Haring

Jewellery brand Pandora has unveiled its first-ever art collaboration with Keith Haring, inspired by the late artist and activist’s street art. The 12-piece Keith Haring x Pandora collection will be available worldwide for a limited time only, from September 29 until November 29, 2022. The collection, will feature Haring’s colourful and symbolic...

Fashion |Jewellery Featured

Pandora launches lab-grown diamond collection in North America

Danish jeweller Pandora is launching its lab-created Pandora Brilliance diamond collection in the US and Canada on August 25, following a successful pilot last year in the UK. The lab-created diamond collection is part of the company’s aim to transform the market for diamond jewellery with more affordable products, while also "greatly reducing...

People

Pandora appoints new chief marketing officer

Global jewellery brand Pandora has named Mary Carmen Gasco-Buisson as its new chief marketing officer to drive brand desirability and growth. Gasco-Buisson, currently global vice president at Unilever, will join Pandora this autumn and will work out of the jewellery brand’s global headquarters in Copenhagen, Denmark. She will report directly to...

Business

Pandora to open New York Hub to bolster US growth

Danish jewellery brand Pandora is opening a new office in New York in September as part of its long-term growth ambitions in the US market. Pandora said in a statement that the hub, located in Manhattan, would be a temporary space opening this autumn, followed by a permanent space in the summer of 2023. The office will support approximately 150...

Report

Pandora assumes full ownership of Portuguese business

Jewellery brand Pandora has acquired 34 locations from its distributor Visão do Tempo to take ownership of the entire store network. In a statement, Pandora said that the acquisition supports its ‘Phoenix’ strategy to “drive growth” through several initiatives including strategic network expansion. By acquiring the store network in Portugal,...

ManagementFeatured

Pandora posts record Q1 revenue, ups FY sales outlook despite ongoing uncertainty

Danish jewellery giant Pandora has reported record revenue in the first quarter of the year and upped its full-year sales guidance despite warning of ongoing uncertainty surrounding Covid and Russia’s war in Ukraine. Pandora’s revenue in the quarter came in at 5.7 billion Danish krone (765 million euro), up 21 percent on an organic basis...