Danish jewellery brand Pandora has unveiled a new store on Oxford Street West to mark its fourth store in London as it continues to expand its presence in the city to support its growth in the UK. The Oxford Street West store is located opposite Bond Street tube station and introduces the brand’s bold, custom store typology, the first of its...
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Danish jewellery brand Pandora has appointed Nicole Clayton as its new general manager for the UK and Ireland. Clayton, a senior executive with a track record with consumer goods and fashion brands, will join Pandora on April 1. Most recently, Clayton served as the global chief digital officer for top FMCG brand Nestlé-Nespresso in Switzerland....
Pandora has reported “solid growth” throughout 2024, a year in which it took its first steps to reposition as a “full jewellery brand”, the second phase of its ongoing ‘Phoenix’ business strategy. The company ended the year with “record-high” revenue of DKK 31.7 billion (3.6 billion pounds), reflecting a growth of 13 percent over the period....
The British Fashion Council (BFC) has unveiled a new trophy for its annual Fashion Awards, highlighting the industry's evolving commitment to artistic innovation and environmental responsibility. Designed by Jade Adeyemi, a rising British-Nigerian interdisciplinary artist, this year's trophy for the December 2nd event at the Royal Albert Hall...
While called many things - lab-grown diamonds, man-made diamonds, and lab-created diamonds, among others - upon seeing manufactured diamonds, there’s no way to differentiate them from their natural counterparts. The fact these these diamonds were not made in nature, also doesn't mean they aren't real. Thanks to the use of new technology, several...
Pandora reported third quarter organic growth of 11 percent, comprising like-for-like (LFL) growth of 7 percent, network expansion of 5 percent and negative 1 percent from phasing of sell-in to partners and other. The company said in a statement that LFL growth in key European markets was 4 percent, the US remained solid at 6 percent while the...
Pandora has appointed Berta de Pablos-Barbier, formerly CEO of the champagne brand Moet & Chandon (LVMH), as chief marketing officer. She will now report to the house’s CEO, Alexander Lacik. The new recruit will be responsible for continuing the strategy undertaken by Pandora since 2021, aimed at boosting its visibility on a global scale and...
Jewellery specialist Pandora has officially completed its mission to utilise 100 percent recycled silver and gold in its crafting process. The shift means the company has achieved what it had initially set out to do earlier this year as part of a wider transformation of its entire precious metals supply. From now onwards, the company said all of...
Jewellery specialist Pandora has been named the official jewellery partner of London Fashion Week in what the brand said is a continued investment into the industry and “commitment to empowering tomorrow’s generation of designers and creatives”. This September, Pandora is to join forces with the British Fashion Council (BFC) and will be present...
In the second quarter, jewellery brand Pandora recorded an organic growth of 15 percent, comprising like-for-like (LFL) growth of 8 percent, network expansion of 6 percent and 1 percent phasing of sell-in to partners and other. For 2024, the company raised its forecast for organic growth to between 9 to 12 percent, while the EBIT margin guidance...
In the first quarter, Pandora delivered organic growth of 18 percent which consisted of LFL growth of 11 percent and network expansion of 5 percent. The company’s organic growth guidance is upgraded to 8 to 10 percent against prior outlook of 6 to 9 percent, while the EBIT margin guidance remains unchanged at around 25 percent. Commenting on the...
Danish jewellery brand Pandora has promoted Massimo Basei to chief commercial officer (COO), effective from April 1. Basei, who is currently chief of retail operations, has been promoted to COO to support Pandora’s growth strategy Phoenix and to drive “operational excellence across Pandora's more than 100 markets,” explained the jewellery brand...