Consumers are increasingly shunning brands they think have the “wrong values”, new research reveals. According to Real World Insight, two in five consumers say that they have either stopped using or never use a brand if they do not agree with their values or behaviour. In addition, the study which set out to highlight the…
Non-charm sales now account for quarter of Pandora’s business
Pandora is on track with its ambitions to become a ‘full jewellery’ brand, its latest financial accounts reveal. Growth for the brand’s first quarter was primarily driven by rings (+42%), earrings (+57%) and necklaces and pendants (+56%), reflecting Pandora’s continued progress towards its goal to offer a full product range to consumers. Last year the…
Pandora UK revenue growth slows to 2% in Q1 2017
Jewellery giant Pandora has reported a 2% revenue growth in local currency in the UK for Q1 2017. In Q1 2016 revenue in the UK increased by around 30% and contributed to 30% of revenue in EMEA. At the time this was credited to positive sales-out development and the expansion of the brand’s store network.…
Read the May 2017 issue of Professional Jeweller online now
The May 2017 edition of Professional Jeweller is available to read online now, featuring a playful cover image from Pandora’s new ‘DO’ marketing campaign,. In this month’s issue of Professional Jeweller we’ve analysed the silver jewellery market by speaking to influential suppliers, retailers and experts from the UK jewellery industry. In preparation for this issue our editor…
Argento boosts Peterborough fashion credentials
Jewellery retailer Argento has increased Peterborough’s fashion credentials with the opening of a new store, and a larger Pandora space. Following a strong performance from its existing Queensgate store, jewellery giant Pandora has taken an additional 2,700 sq ft store opposite Boots in East Square. Pandora store owner, Peter Boyle, also decided to retain the…
Pandora CCO highlights shift in consumer buying trends
Pandora’s chief creative officer Stephen Fairchild says one of the biggest changes in the fashion jewellery industry is the way consumers have now become their own brands. Most consumers will no longer want to buy into a look they’ve seen online or in an advert, instead they want to create their own style, which reflects…
Flux Fair Luxury unveils top industry conference speakers for 2017
With only three weeks to go, Flux Fair Luxury has announced the speakers taking part in this year’s two-day conference. Building on the inaugural Flux conference in 2016, this event which is taking place Tuesday April 25-Wednesday April 26 at The Assay Office in Birmingham, will create a dynamic platform for knowledge-sharing and debate in…
Pandora declares ambitions to double jewellery output after huge investment in production
By Stacey Hailes in Thailand The opening of a new Pandora factory in Thailand is the cornerstone to the jewellery giant’s plans to double its shipment capacity, executives of the firm said yesterday. The project also includes building a new crafting facility in Gemopolis near Bangkok, and optimising Pandora’s existing factories in the same area.…
Pandora officially opens new crafting facility with grand ceremony
By Stacey Hailes in Thailand Jewellery giant Pandora has officially opened its new crafting facility in Lamphun, Thailand, today with a grand ceremony attended by chief execs, the brand’s founder and press. Representatives of the brand including Pandora’s founder, Per Enevoldsen, chief executive officer, Anders Colding Friis, and chairman, Peder Tuborgh, gathered with press to…
Tiffany & Co wins battle for social influence in the industry
A new report has revealed that Tiffany & Co has the biggest social reach in the jewellery industry. The Social Influence list, compiled by SEO and digital content experts Inside Online, ranks the e-tailers that are most successful in promoting engagement through social media channels. Tiffany & Co topped the Social Influence list, with 16.7m…