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How did Pandora perform during Q2 2018?

How did Pandora perform during Q2 2018?

As Pandora keeps breaking headlines this week, Professional Jeweller takes a look at how the jewellery giant performed during Q2. Overall the group reported a revenue growth of 4% in local currency to DKK 4,819 million (£581m) for the second quarter, with revenue from the company’s owned retail and e-store increasing by 43% and 54%

Pandora takes over distribution in Spain

Pandora has entered into an agreement to acquire City Time S.L. (City Time), which owns the distribution rights to company’s jewellery in Spain, Gibraltar and Andorra. The acquisition follows the takeover of the distribution in Belgium and South Africa earlier in the year, and is consistent with Pandora’s strategic intent to increase control of 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 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

Pandora prepares to officially open new green production facility

In a few weeks Pandora will officially open the doors to its new crafting facility in Lamphun, Northern Thailand, with a focus on being green in order to meet consumer’s expectations for ethical jewellery. The brand claims it will be one of the most modern and environmentally up-to-date jewellery crafting facilities in the world. The

Pandora signs deal to start distributing in India

Jewellery brand Pandora has announced that it has signed a letter of intent with Pan India Charms & Jewellery Private Limited (Pan India) about distribution of Pandora jewellery in India. Under the terms of the distribution agreement, Pan India will be granted exclusive distribution rights for Pandora jewellery in India, in which the firm currently

Pandora increases revenue in Q3 financial report

Pandora has announced its Q3 2015 financial results today (Nov 10) with revenue increased by 37.5% driven by all geographic regions. Group revenue in the third quarter of 2015 was DKK 3,911 million (£372,933,156), an increase of 37.5% or 28.0% in local currency, compared with Q3 2014. The Asia Pacific region increased the most (74.8%),

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