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.

Mar- 2022 -

31 March

Retailers

Patrick Dunne

Pandora ends membership with RJC after refusal to suspend Russian companies

Pandora has announced it is ending its 12-year membership with the trade association Responsible Jewellery Council (RJC) after its “failure to suspend Russian companies’ memberships and responsible business certifications and urge its members to suspend business with Russia”. It comes after Pandora had previously requested that RJC take such actions.…
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Aug- 2021 -

3 August

Features

Harry Deacon

LGDs are the future, despite the backlash

“They are as much a symbol of innovation and progress as they are of enduring beauty and stand as a testament to our ongoing and ambitious sustainability agenda,” said Alexander Lacik, CEO at Pandora, upon releasing the group’s first lab-grown diamond (LGD) collection. However, the global jewellery retailer went beyond…
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May- 2021 -

12 May

Trade Organisations

Harry Deacon

Jewellery bodies urge Pandora to retract LGD narrative

A clutch of leading jewellery organisations have come together to call upon Pandora to retract its stance regarding lab-grown diamonds (LGDs). The bodies have urged the Danish jewellery brand to “market LGDs responsibly”, and take back its “false and misleading narrative” surrounding the ethical superiority of LGDs. The participants of…
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Mar- 2021 -

10 March

Retailers

Harry Deacon

Pandora posts 12% organic growth for February

Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021. The month also represented a year-on-year total sell-out growth of 7%, while the quarter to date achieved 4% organic and 1% sell-out expansions when compared to Q1 of FY20. The results are part of a…
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Jan- 2021 -

4 January

Retailers

Patrick O'Donnell

Pandora FY results to exceed previous guidance

Pandora has revealed it expects its financial results for 2020 to exceed the high end guidance range of “-14% to -17%”. The luxury jewellery brand began 2020’s Q4 with “positive” organic growth in October and November, with December being impacted by the phasing of revenue. On average, more than 10%…
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Dec- 2020 -

18 December

Events

Patrick O'Donnell

Daniella Draper among big winners at UK Jewellery Awards

This year’s UK Jewellery Awards took place virtually earlier this week (16 December) and saw 20 businesses and individuals in the jewellery industry celebrate industry achievements over the past year. Among 2019/20’s winners were independent brand and retailer Daniella Draper, as well as multiple retailer Beaverbrooks, with both picking up…
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Aug- 2020 -

19 August

Retailers

Alessandro Carrara

Pandora revenues slump in Q2 results

Pandora has reported revenues of DKK 2.87bn (£348m) in its second-quarter of trading, down from DKK 4.69bn (£569m) during the same period last year. Gross profit also decreased from DKK 3.5bn (£424m) to DKK 2bn (£242m), and Pandora now expects organic growth to be down 20% in 2020. The full-year…
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May- 2020 -

5 May

News

Heather Sandlin

Pandora maintains ‘strong financial position’ despite pandemic

Pandora said it is in a “strong financial position” to sustain a prolonged Covid-19 crisis, as it recorded “positive organic growth” in the first quarter of 2020. Despite a recorded 14% drop in organic growth, its EBIT margin was 15.3% in the three months ended 31 March 2020. The group…
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Mar- 2020 -

19 March

Retailers

Heather Sandlin

Pandora closes stores across globe

Pandora has announced the temporary closure of many of its stores in order to “support the efforts” to limit the spread of Covid-19. In its latest statement, the group confirmed that it had temporarily closed all owned and operated stores in the United States, Italy, Germany, France and Spain. In…
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18 March

Current Affairs

Heather Sandlin

Pandora withdraws financial guidance

Jewellery group Pandora has announced the withdrawal of its financial guidance as it is “no longer meaningful” in light of the coronavirus escalation. The group said that such mitigating actions came under “extraordinary and rapidly developing” circumstances, and that its financial guidance announced on 4 February excluded “any impact” from…
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