Pandora
Pandora is one of the world’s largest jewellery brands and a major player in the UK market, known for its charm bracelets, accessible luxury positioning, and innovative marketing strategies. Its scale and influence make Pandora a key focus for jewellery retailers, wholesalers, and suppliers monitoring trends in consumer demand, store rollouts, and sustainability initiatives. Jewellery Focus provides comprehensive coverage of Pandora’s UK operations, including product launches, financial updates, leadership changes, and insights into how the brand’s activities shape opportunities and challenges across the trade.
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Sep- 2024 -24 SeptemberRetailers
Pandora completes transition to 100% recycled silver and gold
Jewellery brand Pandora has completed its transformative shift to use only 100% recycled silver and gold in its crafting. Pandora stopped sourcing newly mined silver and gold in December 2023 and has since then worked to deplete its non-recycled inventory. The two precious metals can be recycled forever without any…
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Aug- 2024 -13 AugustRetailers
Pandora reports 15% organic growth in Q2 2024
Pandora has reported a 15% increase in Q2 2024 organic growth to DKK 6.77bn (£744m), comprising Like-for-like (LFL) growth of 8%, network expansion of 6% and 1% phasing of sell-in to partners and other. The group’s operating profit (EBIT) also increased from DKK 1.18bn (£134.9m) to DKK 1.33bn (£152m). However…
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Jul- 2024 -16 JulyRetailers
Pandora’s net-zero climate goal validated by SBTi
Pandora’s target to become a net-zero business by 2040 has been validated by the leading corporate climate action organisation Science Based Targets initiative (SBTi). The validation affirms the company’s ambition to decarbonise at the pace and scale required to align with the Paris Agreement’s goal of limiting global temperature rise…
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May- 2024 -17 MayRetailers
Pandora launches new Pandora Essence collection
Pandora has announced the global launch of Pandora Essence, a new contemporary and sculptural collection inspired by the “beauty and simplicity” of organic shapes from nature. The 50-piece collection is designed to be worn every day and features rings, necklaces and a wide variety of earrings. Pandora Essence is crafted…
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2 MayRetailers
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…
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Apr- 2024 -16 AprilRetailers
Swarovski to open new standalone boutique in Merry Hill
Luxury brand Swarovski has announced its return to West Midlands destination Merry Hill with the launch of a standalone boutique 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 glass…
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Mar- 2024 -22 MarchAppointments
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,…
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Feb- 2024 -21 FebruaryRetailers
Pandora begins £459m share buyback programme
Pandora has commenced a DKK4.0bn (£459m) share buyback programme to reduce its share capital and to meet obligations arising from company incentive programmes. Under the programme, Pandora will repurchase shares until 31 January 2025 at the latest. The jewellery retailer has already appointed BNP Paribas as a sole lead manager…
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7 FebruaryRetailers
Pandora named as UK’s most prominent jewellery brand in 2023
Pandora has been named as the UK’s most prominent jewellery and watch brand in 2023, with over 1.8 million brand searches per month and an owned social score of 46,122, according to Salience Search Marketing’s annual report. The report analysed 11 performance indicators, including year-on-year visibility, search volume trends, and…
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Jan- 2024 -30 JanuaryRetailers
Pandora shifts to only recycled silver and gold
Pandora has today (30 January 2024) announced it has changed its precious metals supply and is now sourcing only recycled silver and gold for all its jewellery. The shift avoids significant greenhouse gas emissions, as mining requires more energy and resources than recycling. The carbon footprint of recycled silver is…
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