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JCP Karl Walsh
J.C. Penney Hires Ex-Pandora Exec
J.C. Penney has appointed Karl Walsh as chief digitalofficer, charging him with overseeing improvements to its e-commerce platforms and customer experience. Walsh waspreviously chief digital officer at Danish jeweler Pandora, a role he took onin...
Retail Dec 09, 2019 Rapaport News
Signet
Signet Raises Full-Year Outlook
Signet Jewelers’ shares jumped 6% in early trading Thursdayafter the retailer increased its sales forecast for the current fiscal year. The jeweler adjusted its guidance following a rise insame-store sales in the third fiscal...
Retail Dec 05, 2019 Rapaport News
Pandora charm 150
Tiffany, Pandora Receive Top Sourcing Scores
Tiffany & Co. and Pandora received high ratings on anannual list comparing responsible sourcing by the largest companies in thefashion industry. Tiffany garnered the top rating of AAA in the retail category for thefifth consecutive...
Retail Dec 02, 2019 Rapaport News
Pandora
Pandora Slashes Sales Forecast
Shares in Pandora dropped 18% Tuesday after the Danish jeweler lowered its full-year revenue outlook. The retailer reduced its forecast to a decline of 7% to 9%,from its earlier range of -3% to -7%, despite efforts to reignite sales...
Retail Nov 05, 2019 Rapaport News
Pandora influencers 150
Pandora Relaunches to Attract Younger Audience
Pandora unveiled its new branding at an event in Los Angeles last week, with the launch ranking as the largest marketing investment in thecompany’s history, it noted. Approximately 400 international guests attended the Danishjeweler’s VIP Streets...
Retail Sep 01, 2019 Rapaport News
Pandora store 150 NY
Restructuring Efforts Boost Pandora
Shares in Pandora rose 10% in early trading Tuesday as salesdeclines narrowed in key markets and restructuring efforts led to signs ofrecovery. Global sales fell 2.6% year on year to DKK 4.69 billion($697.2 million) in the second quarter,...
Retail Aug 20, 2019 Rapaport News
Pandora
Pandora Launches Harry Potter Collection
Pandora and Warner Bros. will partner on a HarryPotter-inspired collection, featuring iconic characters and symbols from thefilms. The line will comprise 12 hand-finished products, includingcharms, pendants and a bracelet, designed by Francesco Terzo and FilippoFicarelli,...
Retail Aug 15, 2019 Rapaport News
Pandora
Pandora to Buy Back $75M of Inventory
Pandora is set to repurchase DKK 500 million ($74.7 million)of unsold jewelry from retailers that stock its products, the company said. The Danish jeweler believes this will reduce the quantity of goods its...
Retail Aug 14, 2019 Rapaport News
Pandora
Millie Bobby Brown to Represent Pandora
Pandora has named two-time Emmy-nominated actress MillieBobby Brown as the face of a global campaign for its new jewelry collection, inan effort to reinvigorate interest in its brand and appeal to a youngeraudience. Brown is best known for...
Retail Aug 08, 2019 Rapaport News
Pandora bracelet and charms 150
Pandora Revamps Brand to Reignite Demand
Pandora is set to unveil a total overhaul of its branding, as its aims to reengage with consumers following consistently disappointing sales.The Danish jewelry retailer will launch a new “company purpose, brand expression and visual identity,” while...
Retail Aug 04, 2019 Rapaport News
Pandora
Two Longtime Managers Exit Pandora
Pandora’s US division will have new roles to fill, astwo senior executives leave the company. Laurie McDonald will exit the Danish jeweler after 15 years,the last three spent as the general manager of Pandora US,...
Retail Jul 31, 2019 Rapaport News
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
Peder Tuborgh
Pandora Chairman Quits Amid Reshuffle
Pandora chairman Peder Tuborgh is set to leave the Danishjewelry maker. This comes just one month after the company appointed veteranconsumer-brand executive Alexander Lacik as its new CEO. These significant leadership changes form...
Retail Mar 14, 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 Forecasts Sales Drop Amid Overhaul
Danish jeweler Pandora expects revenue to fall 3% to 7% this year, after weak results in 2018 prompted an overhaul of its brand and marketing activities. “We are taking immediate and forceful action to address thedisappointing aspects of our...
Retail Feb 05, 2019 Rapaport News
Fossil EVP
Fossil Group Hires Ex-Pandora Exec
Fossil Group has appointed former Pandora chiefmerchandising officer Beth Moeri as executive vice president of portfoliobrands. Moeri, who was an executive at the Danish charm jeweler for morethan six years, will be responsible for Fossil’s...
Retail Dec 12, 2018 Rapaport News
MVI Tiffany new
Tiffany Scores with Wealthier Immigrants
Tiffany & Co., Swarovski and Pandora are the preferred jewelry brands among more affluent immigrants in the US, according to a survey by MVI Marketing. Researchers asked 702 Asian-American, Hispanic and Latino-American consumers with...
Polished Markets Dec 11, 2018 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 Stock Soars Amid Takeover Rumors
Shares in Pandora spiked late last week followingspeculation the company had hired an adviser to negotiate a possible buyout. The jeweler has called on Rothschildfor guidance on how to handle potential buyers, according to a Danish-languagereport on news site Inside...
Retail Oct 15, 2018 Rapaport News
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