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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 charm bracelets
Pandora Launches First New Charm in 5 Years
Pandora has unveiled its first new charm-bracelet design forhalf a decade, aiming to attract consumers with customizable products featuringin-fashion styles. The line, named Pandora Reflexions, is a flexible,mesh-style bracelet that wearers can adapt using...
Retail Oct 04, 2018 Rapaport News
Geena Tok Pandora 150
Pandora Appoints New China Chief
Pandora has hired former Nike executive Geena Tok asmanaging director for its China business, replacing Anthony Asinas, who willbecome managing director for Hong Kong and Macau, the jeweler said Sunday....
Retail Aug 27, 2018 Rapaport News
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 150
Pandora to Slash Nearly 400 Jobs
Pandora plans to lay off 397 employees after disappointing second-quarterresults and a weakened outlook for the rest of the year. While sales grew 4% in local currencies to $748.2 million(DKK 4.82 billion) for the quarter, the...
Retail Aug 07, 2018 Rapaport News
Pandora rings jewelry
US, Asia Troubles Hit Pandora Sales
Pandora’s revenue fell in the first quarter as the jewelryretailer suffered from weakness in its US stores and a slowdown in China. Global sales slipped 1% year on year to $812.2 million (DKK 5.12 billion) for the January-to-March period,...
Retail May 17, 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
Europe and Asia Drive Pandora Growth
Pandora Group’s sales jumped in the third quarter as stronggrowth in Europe and Asia outweighed weakness in the US.Revenue increased 13% to $809 million (DKK 5.19 billion) inthe three months ending September 30, the Denmark-based...
Retail Nov 08, 2017 Rapaport News
India jewelry
Pandora Enters Burgeoning Indian Jewelry Market
Danish jewelry retailer Pandora is setting up shop in India as it seeks to capitalize on growth expected in the country over the next five years.The company, best known for its charm bracelets and lower-end silver jewelry, will...
Retail Jan 30, 2017 Rapaport News
Anders Colding Friis, Pandora CEO
Pandora Lifted by Asia-Pacific Growth
Pandora reported revenue and profit grew strongly in thethird quarter as Asia-Pacific sales rocketed and new collections were wellreceived.Revenue increased 18 percent to $683.1 million (DKK 4.61billion) and net profit leapt 40 percent to $208.1 million,the...
Retail Nov 01, 2016 Rapaport News
Anders Colding Friis, Pandora CEO
Pandora Sales Rise Across All Regions
Pandora reported revenue surged 20 percent to $648 million(DKK 4.33 billion) in the second quarter driven by higher sales volume whileprices were mostly stable. In local currency terms, revenue increased 25percent, the Denmark-based jeweler said.Growth...
Retail Aug 10, 2016 Rapaport News
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