Pandora

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Retail Asia31/08/2018

Pandora in China is about to be united under one business. The Danish contemporary jewellery manufacturer is moving to increase control of its brand by acquiring its Taiwanese store network from controlling distributor Carrera Corporation as of January 2019. The deal will give Pandora in China complete ownership of its distribution and retailing activities, including […]

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Retail Asia27/08/2018

Only two weeks after the official announcement of Anders Colding Friis’ resignation as Pandora’s CEO, the Danish jeweller seems to be on a roll to bring some changes to the company . The company tapped former Nike employee Geena Tok to head its business in China, where the Danish company has been challenged by a rise in sales […]

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Retail Asia16/08/2018

Pandora said it expects to make less sales revenues in 2018, despite plans to open some 250 retail stores globally, of which 25% will be in Asia-Pacific. Meanwhile, the ailing Danish jeweller dismissed its CEO last week amid staff cuts of hundreds of employees. Anders Colding Friis is stepping down as President and CEO of the […]

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Retail Asia09/08/2018

Danish jewellery manufacturer Pandora has announced it will cut 397 employees in organisational adjustments to align functions across the company and protect profitability. The proposed organisational changes are expected to reduce annual costs by around US$23.34 million from 2019, and will affect 218 employees based in Thailand. “We have made important progress on our 2022 strategy since […]

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Retail Asia30/07/2018

Vingroup has opened its 55th shopping centre, The Vincom Center Landmark 81 mall, in Ho Chi Minh City’s Binh Thanh district. The 50,000sqm shopping centre occupies six of the skyscraper’s 81 storeys, housing 100 domestic and international brands in cosmetics, fashion, F&B, and entertainment. Fashion brands include Versace Jeans, Calvin Klein, Adidas, Tommy Hilfiger, Lacoste, […]

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Retail Asia20/07/2018

Danish jeweler Pandora AS cut its retail prices on most of its jewelry sold in China by 15% to combat the sale of its goods through unofficial channels in the country. Shares traded as much as 7.2% lower on the day following the news. “Pandora jewelry is highly sought after, and the demand has seen […]

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Retail Asia20/07/2018

PANDORA, the world’s largest jewellery manufacturer, today announces a retail price reduction across the majority of its jewellery assortment within the Chinese market. Effective from July 19, 2018 the reduction is across the majority of the Company’s jewellery collections, with the overall adjustment range at around 15%. The new prices are reflected on all platforms including […]

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Retail Asia14/02/2018

Danish jewellery manufacturer and retailer Pandora reports a strong year despite market challenges. Group Pandora sales increased by 12 per cent (15 per cent in local currency) last year to DKK22.7 billion (US$3.7 billion). Revenue from Pandora-owned retail grew 42 per cent (46 per cent in local currency). Like-for-like sales-out growth for the brand’s […]

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Retail Asia27/12/2017

Spread across 70 square metres, this is the brand’s 28th shop in Thailand and is decked out to resemble an art gallery. The display counters resemble picture frames, with white and pastel pink as the main colours hinting at femininity. Pandora encourages women to choose their own accessories to match their lifestyle and individuality. The […]

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Retail Asia09/11/2017

A “steady if cautious” Hong Kong retail recovery is clearly underway, according to a report from Savills released today. “The retail sector is slowly coming to life after four years of painful adjustment which has seen the emergence of a ‘tenant’s market’, a rare occurrence in Hong Kong’s landlord-dominated retail scene,” observed Simon Smith, head […]

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Retail Asia11/09/2017

Pandora Australia and New Zealand managing director Mikael Kruse Jensen has just signed the dotted line on a five-storey flagship store in Melbourne’s Bourke Street Mall, in a deal that’s understood to be worth almost $1 million in annual rent. It’s a big store, with a big price tag – but Jensen is bullish on the […]

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Retail Asia10/08/2017

Danish jeweller Pandora posted a surge in its APAC sales for the second-quarter period, as the Copenhagen-based firm signalled a shift toward the Chinese market to fight trading headwinds in the U.S. The jewellery maker known for its customisable charm bracelets said total revenue hit DKr4.83bn ($770m) – a 12 per cent gain on the […]

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Retail Asia11/05/2017

Jewellery giant Pandora had a good Q1, the Danish firm said Tuesday, with revenue from its owned retail stores leaping ahead, although not every market was buoyant. While the company saw strength in France and Italy, and Asia Pacific surged due to Chinese grwoth, the Americas saw a decline and the UK was hurt by […]

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Retail Asia04/05/2017

Denmark-based jewellery brand Pandora has entered India’s jewellery market by opening its first store in the country. Pandora has granted exclusive distribution rights for their jewellery in India to Pan India Charms & Jewellery Private Limited (Pan India). The concept store is located on the ground floor of DLF Mall in Noida and carries Pandora’s […]

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Retail Asia23/03/2017

The new factory, which opened operationally on October 1, 2016, was officially inaugurated today (March 22) and revealed to the world’s press and key members of the global Pandora team. Taking design inspiration from the brand’s signature charm bracelet, the manufacturing facility is primarily optimised for the production of the more time-consuming products in Pandora’s […]

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Retail Asia14/10/2016

PANDORA announced that the Company has launched on Alibaba Group’s business to consumer platform, Tmall.com, providing a further avenue for Chinese consumers to purchase PANDORA jewellery. The launch on Tmall.com is PANDORA’s first online presence in China, which will be followed by the launch of the Company’s own eSTORE in December, 2016. Internet retailing in […]

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Retail Asia30/07/2016

CapitaLand’s China retail venture has had a strong half year, despite the tepid retail sector. CapitaLand Retail China Trust Management, which manages CapitaLand Retail China Trust , has achieved net property income of RMB339.3 million (US$50.92 million) for the six months to June 30, up 4.6 per cent from the same period last year. Chairman […]

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Retail Asia05/11/2015

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Danish jewellery giant Pandora announced it has expanded its strategic alliance with The Walt Disney Company (Disney) to include the Asia Pacific. Beginning in November 2015, Pandora will launch its Disney jewellery collection in 13 markets including Australia, China and Japan. Pandora chief executive Anders Colding Friis said: “The reception of the Pandora Disney collection […]

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Retail Asia20/08/2015

Resurgent mass market jewellery brand Pandora has chosen to take back its operations in three Asian markets. Singapore-based Norbreeze Group has been running the stores in Singapore, Macau and the Philippines. Pandora Group will take control from January 1, 2016. Norbreeze Group revealed it had finalised an agreement with the Pandora Group in a postscript […]

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Retail Asia10/07/2015

Danish jewellery brand Pandora has opened a dedicated 13.5sq m promotional area at Hong Kong International Airport (HKIA) in partnership with DFS Group. The zone is a celebration of ‘Explore, Dream & Discover’, involving a pre-launch of Pandora’s new travel charms, which will launch in other selected stores on 30 July. The use of a […]

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