Pandora reports a 40 percent revenue increase during 2015. All geographic regions contributed with double digit growth in local currency in the fourth quarter, primarily driven by better than expected Christmas sales. (more…)
Tag Archives | Pandora
Pandora to open 200 shop-in-shops in US-chain
Danish Pandora sets a bigger footprint on the market overseas. Jewellery chain Jared will install 200 Pandora shop-in-shops. (more…)
Jewelery stores join forces against Pandora
Pandora’s increasingly strong position has forced a new collaboration of competitive jewelery stores. 33 Danish jewelery stores join forces in purchasing chain Jewel Time. According to the chairman of the Danish Jewel Time, Bent Brodersen, it is to meet the competition from retail. (more…)
Pandora increases revenue by 41.4 %
Pandora increase their own expectations for 2015 by adding another billion DKK to the expected revenues. This comes after a very strong Q2-report. “We are very pleased to report yet another strong quarter, both in terms of top line development and profitability. All major regions once again delivered double digit revenue growth and our focus […]
Pandora goes all in in Germany
After only six percent growth last year, Pandora invests heavily in its German stores and take all the risk. (more…)
Pandora’s Marketing director starts his own business
Pandora’s development and marketing director Thomas Ryge Mikkelsen stops after seven years in the jewelery giant to start his own business . Baroness writes he will start his own investment and advisory company, where he will use the experience he has made in both Pandora and Axcel. The funds for the start-up of the new company […]
Pandora’s reporting billion record revenue for Q1
Pandora reports a revenue increase by 36.8 percent during the first quarter. “Once again we are off to a strong start to the year, with all geographic regions, as well as all product categories generating double digit growth rates.”, CEO Anders Colding Friis said. (more…)
Pandora to pay 995 million tax debt
After a settlement, Pandora will pay a sum of 995 million DKK to Skat covering tax payments and interest for a six year period. (more…)
Pandora’s mother-child commercial a viral success
Jewelry chain Pandora seems to have hit the spot with their new commercial. 5,000 viewers per minute are looking at children confirming their bonds to their mothers. ”The film spreads right now at a rate of about 5,000 views per minute, so currently it looks like one of the largest viral successes,” says Hanne Fabricius, […]
Pandora goes online in the USA
Pandora announces that the Company on 21 April 2015 will launch an e-commerce platform in the US. ”We are encouraged by what we have seen from our online offering in Europe and hope we can continue the positive trend in the US,” says Anders Colding Friis, CEO at Pandora. (more…)
Zara opened at new fashion street in Rosengård Center
The new version of Rosengård Center opened in Odense Friday. The fashion mix is updated and has got a street of its own, for example with Zara who dares to step outside Copenhagen again. (more…)
Pandora above all expectations except Jesper ”Kasi” Nielsen’s
Pandora’s worth on the stock market took a big jump Tuesday after reporting surprisingly strong figures for 2014 and pushing up the expectations for 2015 further. The market value rised almost nine billion DKK the first hours, but the conflict with Jesper “Kasi” Nielsen got a new chapter. (more…)
Pandora buys full store network in Germany
Pandora buys a 78 units fashion store network in Germany and will convert it to self-operated Pandora-stores where the landlords approve. “This will be a significant strategic step for Pandora in Germany, which accelerates our strategic plan for this market,“ Niels Møller, President Pandora Central Western Europe, said. (more…)
Pandora appeals verdict
Pandora has done nothing wrong, says new President Peder Tuborgh stating that the board Tuesday night has decided to appeal the verdict, which was handed down against jewelery group on Tuesday. (more…)
Milk and Tobacco bosses – the new leaders of Pandora
Pandora CEO Allan Leighton will resign in March 2015. His successor is the current CEO of Scandinavian Tobacco Group, Anders Colding Friis. And the present CEO of Arla, Peder Tuborgh, is proposed as new Chairman. (more…)
Pandora builds a new global head office in Copenhagen
Record-high sales figures and more employees than ever, jewelery group Pandora has space problems Now it builds new headquarters at Havneholmen in Copenhagen South. (more…)
Great growth in Europe for Pandora Group – sales up 65,7%
Jewelry Group Pandora is upgrading its full year revenue of half a billion DKK, totaling 11 billion DKK according to the company’s interim report which is published today. (more…)
Pandora-CEO Denmark’s most active board member
Pandora-CEO Allan Leighton seems to set his very own standards for how much a man can handle alongside a job as CEO of a Danish listed company. Despite claims by the main shareholder Axcel to cut down on outside directorships, Pandora’s CEO, Allan Leighton, said yes to another chairman chair in a billion group. This […]
Pandora’s boss summoned by shareholders
Jewellery retailer Pandora and its CEO, Allan Leighton, may have to pay hundreds of millions in compensation to the shareholders. (more…)
Superdry, Michael Kors and Starbucks to open flagships in Mall of Scandinavia
Mall of Scandinavia now launches more international brands to open special flagship stores next year. (more…)