Q4 news and archive

Pandora expects to post organic growth in Q4

Jewellery retailer Pandora has released preliminary and unaudited results for 2020, ahead of its Q4 2020 Interim Report to be released on February 4. In the statement, it said the move was to comply with the disclosure rules for companies listed on Nasdaq OMX Copenhagen, and that based on unaudited numbers, organic growth for Q4 2020 is expected...

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Retail

How shoppers will see out the rest of 2020

It has been just over six months since the start of global lockdowns. A battered and bruised retail industry has been slow to recalibrate and recover from the grip of Covid-19. Even after physical retailers reopened this past June in the UK, others in the US are only just now returning to pre-pandemic business hours. Many global heavyweights,...

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Business

Pandora reports like-for-like improvements following relaunch

Danish jewellery brand Pandora has reported “solid” like-for-like improvements in Q4 following its brand relaunch, which introduced a new logo, signature colour, design collaborations and new store concepts. In Q4 2019, Italy, France and Germany delivered positive like-for-like, while growth momentum in the US and the UK also improved, added...

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Management

Ralph Lauren reveals better than expect profit for Q4

London - US fashion company Ralph Lauren Corporation reported better than expected profit for its fourth quarter, putting the company in the black for this year. The New York-based company saw its shares increase 13.5 percent to 132.39 US dollars in early trading, after reporting net income of 41.3 million US dollars for the quarter which ended...