Pandora
This coverage focuses on Pandora’s retail activities in the UK, highlighting developments such as store openings, refurbishments, and product innovations. Explore updates on the brand’s expansion into new locations, including flagship stores on Oxford Street and Liverpool ONE, and the introduction of the Evoke 2.0 store concept. Stay informed about Pandora’s product offerings, including its Lab-Grown Diamonds collection and seasonal releases. Insights are tailored for retail professionals, brand managers, and business executives seeking to understand Pandora’s impact and trajectory in the UK retail sector.
-
May- 2024 -2 MayHigh Street
Pandora raises revenue guidance amid 18% organic growth
Pandora has raised its revenue guidance to “8-10%”, up from 6-9%, following 18% organic growth in Q1 2024 with like-for-like (LFL) growth of 11% and network expansion of 5%. The group stated that continued momentum, helped by the early restaging of the brand and increased investments are elevating brand desirability…
Read More » -
Apr- 2024 -9 AprilLuxury Goods
Swarovski to launch standalone boutique in Merry Hill
Luxury brand Swarovski is returning to West Midlands destination Merry Hill with the launch of a standalone boutique set to open in spring. The new store, spanning 2150 sq ft between Goldsmiths and Beaverbrooks on the Upper Mall, will feature the retailer’s latest shop fit, with metallic finishes and fluted…
Read More » -
Mar- 2024 -22 MarchNews
Today’s news in brief-22/3/24
In February, UK retail sales stagnated at 0.0%, down from 3.6% the previous month, largely due to inclement weather dampening in-store purchases. While online sales, especially for clothing, saw growth, physical stores, particularly food and fuel retailers, experienced declines. This trend was attributed to the release of new seasonal collections,…
Read More » -
22 MarchNews
Pandora appoints new GM for British Isles and new CCO
Pandora has announced the appointment of Sonia Lopez Delgado as new general manager of British Isles (BRIS) from 1 July, the company’s second largest cluster. She currently holds the position as general manager of the Northern Europe cluster (NOEU). She joined Pandora in 2018 and has extensive experience within sales,…
Read More » -
Oct- 2023 -13 OctoberNews
Miniso opens new flagship store on Oxford Street
Globally recognised lifestyle retailer Miniso has signed a five-year lease for its new flagship store on Oxford Street. The retailer has become the latest one signing a new agreement in the block following the likes of Claire’s, Ann Summers and Intimissimi. The property provides approximately 3,200 ft of retail accommodation…
Read More » -
6 OctoberNews
Today’s news in brief-06/10/23
Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As part of its Phoenix strategy, the company plans to increase investments to enhance revenue growth, brand desirability, and expand its store network. This includes positioning itself as an affordable luxury…
Read More » -
6 OctoberLuxury Goods
Pandora raises revenue guidance amid strong store sales
Pandora has upped its revenue guidance for the year to between DKK 34-36bn (£4.2-4.5bn) after seeing a spike in store sales. As part of its Phoenix strategy, Pandora plans to scale up its investments to accelerate revenue growth, brand desirability and store network. This will include building its position as…
Read More » -
Aug- 2023 -16 AugustHigh Street
Axing tourist tax would ease high street woes, says Pandora boss
Pandora UK&I general manager Rasmus Brix has said that in light of the cost-of-living crisis and ongoing train strikes, eliminating the tourist tax would create a “significant boost” for the high street. Brix told The Mail the firm was “missing out” due to the absence of VAT-free shopping for visitors…
Read More » -
Aug- 2022 -17 AugustPeople Moves
Pandora appoints Mary Carmen Gasco-Buisson as CMO
Pandora has announced it has appointed Mary Carmen Gasco-Buisson, currently Global VP at Unilever, as its new chief marketing officer, reporting to CEO Alexander Lacik and serving on Pandora’s Executive Leadership Team. It said Gasco-Buisson holds an “extensive” track-record of growth and transformation across consumer brands in categories such as…
Read More » -
May- 2022 -13 MayHigh Street
Pandora invests $100m into new crafting facility
Pandora has signed a memorandum of understanding to build a new jewellery crafting facility in Vietnam which will see the company invest $100m (£81.9k) to support its long-term growth. Construction is set to begin in early 2023 and production is due to start by the end of 2024. It will…
Read More »
