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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Mar- 2020 -18 MarchCurrent Affairs
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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4 MarchCurrent Affairs
Pandora slashes 180 jobs in restructuring bid
Pandora announced it is to slash 180 jobs “as a consequence of strategic reorganisation”. The news came as the jewellery group detailed its next steps for restructuring programme, Programme NOW. In its latest update, the group said it would close three regional organisations, thereby “eliminating an organisational layer” between global…
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Nov- 2019 -12 NovemberManufacturers
Links of London is proof the crazes come and go
Some years ago now, Jewellery Focus was alone among the British jewellery trade press in suggesting that the explosion of ‘affordable brands’ through the indies was, firstly, not going to last, secondly, a bad deal for jewellers, and therefore thirdly, not a cause for unalloyed celebration. Subsequently, many of these brands which…
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5 NovemberRetailers
Pandora sales slip in third quarter
Jewellery brand Pandora has reported a 10% drop in like-for-like sales in its third-quarter results. Overall earnings over the quarter, before interest and tax, fell by 25%. Meanwhile, the company’s organic growth for the year is expected to land between -7% and -9%, despite previous forecasts of a growth between…
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Sep- 2019 -10 SeptemberManufacturers
Q&A: Michael Aldridge on the CMJ’s latest accounts
The Company of Master Jewellers has undergone some key changes in the last couple of years, refocusing the business on its core purpose – a buying group for independent high street jewellers. Michael Northcott caught up with chairman Michael Aldridge in the wake the the CMJ’s new accounts being published…
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Aug- 2019 -14 AugustAppointments
Houlden appoints James Rice as director
Luxury jewellery consortium, the Houlden Group, has announced the appointment of James Rice as the latest director to join the board. Rice is currently sales and marketing director of Hull based Hugh Rice, a luxury family-run jeweller founded in 1965 which has since expanded from Hull and Beverley, throughout Yorkshire…
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Jun- 2019 -25 JuneRetailers
BJ Fitzpatrick profits boosted by Pandora sale
BJ Fitzpatrick Group, a Dublin-based jeweller wholesaler and retailer, saw its profits boosted to €23m (£20m) last year after it sold the Irish business of Pandora back to the Danish parent company. According to The Times, accounts filed for the year ending 31 July 2018 shows BJ Fitzpatrick made a…
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May- 2019 -9 MayRetailers
Pandora posts ‘weak’ Q1 results
Jewellery retailer Pandora has reported “weak” financial results for the first quarter of 2019, impacted by the commercial reset initiated as part of its ‘Programme NOW’. Total like-for-like sales-out growth (like-for-like) was -10%, driven by lower traffic in physical stores, and online like-for-like sales was 7%. Organic growth ended at…
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Apr- 2019 -4 AprilRetailers
Pandora COO exits
Pandora’s chief operations officer (COO) Jeremy Schwartz has resigned from his position at the jewellery retailer. Following a mutual agreement between the chairman of the board of directors and Schwartz, the resignation will take effect as of today (4 April). However, Schwartz will be available as an advisor to incoming…
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2 AprilCrime
Jewellery worth £500,000 stolen in Pandora burglary
Sussex Police are investigating a break-in at Pandora jewellers in Swan Walk, Horsham, after £500,000 worth of jewellery was stolen on 22 March. According to the police, the alarm was raised just before 12.30am with a report that six masked men had broken into the rear of the building, put…
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