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Pandora
Pandora Cuts 1,200 Jobs as Sales Drop
Pandora will push ahead with a total overhaul of its business, after sales weakened in the first quarter. Global sales fell 6% year on year to DKK 4.8 billion ($720.5million) for the January-to-March period, the Danish...
Retail May 07, 2019 Rapaport News
Pandora
Pandora Exec Steps Down After Eight Months
Jeremy Schwartz will leave his position as chief operatingofficer of Pandora after less than a year in the role, the jewelry retailersaid Tuesday. Schwartz joinedPandora in September, after its CEO, Anders Colding Friis, resigned. Since...
Retail Apr 03, 2019 Rapaport News
Alexander Lacik
Pandora Hires Industry Outsider as CEO
Pandora has named veteran consumer-brand executive AlexanderLacik as its CEO, as it seeks to transform the company following weak sales. “Alexander is a brilliant marketer and brand architect, andhas throughout his career shown himself as a great leader...
Retail Feb 14, 2019 Rapaport News
Pandora
Pandora Slashes Full-Year Forecast
Pandora has lowered its revenue expectations for the thirdtime this year following a disappointing quarter, and will implement a new programto cut costs. The Danish retailer had an “unsatisfactory” third quarter,with global sales...
Retail Nov 06, 2018 Rapaport News
Pandora
Pandora CEO Resigns as Sales Disappoint
Pandora CEO Anders Colding Friis has stepped down aftersecond-quarter sales missed the jeweler’s expectations and forced it to cut itsoutlook for the year. Global sales were flat year on year at $749 million (DKK...
Retail Aug 09, 2018 Rapaport News
Pandora Shakes Up Senior Team
Pandora Seeks New Americas Chief
Pandora chief financial officer Peter Vekslund and presidentof Americas Scott Burger are leaving the company, the Danish jeweler reportedlast week. Anders Boyer, a member of Pandora’s board of directors since2012 and the CFO...
Retail Jan 16, 2018 Rapaport News
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