×
71 647
Fashion Jobs
MACY'S
Manager, Omni Operations
Permanent · Skokie
MACY'S
Director, External Communications – Product And Brand
Permanent · New York
MACY'S
Credit Finance Analyst ii
Permanent · Deerfield Township
MACY'S
Manager, Merchandise Execution
Permanent · Florence
MACY'S
Asset Protection Captain, Clackamas Town Center - Full Time
Permanent · Happy Valley
MACY'S
Multi-Store Detective, Tacoma - Full Time
Permanent · Tacoma
MICHAEL KORS
Part Time Sales Supervisor, Memorial City Mall
Permanent · Houston
MICHAEL KORS
Sales Supervisor, Sugar Land, tx
Permanent · Houston
MICHAEL KORS
Sales Supervisor The Woodlands Mall
Permanent · Houston
JCREW
Junior Account Executive
Permanent · New York
JCREW
Senior Counsel, Intellectual Property & Product Compliance
Permanent · New York
JCREW
Brand Marketing Director, mw Men's
Permanent · New York
JCREW
Product Manager
Permanent · New York
JCREW
Distribution Supervisor
Permanent · Lynchburg
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARSHALLS
Loss Prevention Detective
Permanent · Bloomfield
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARC JACOB'S
Business Analyst, Supply Chain
Permanent · New York
MARC JACOB'S
Director, Business Applications
Permanent · New York
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time - Outlets at Orange
Permanent · Orange
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time - Riverhead
Permanent · Riverhead
MACY'S
Asset Protection Detective, Temecula Promenade - Part Time
Permanent · Temecula
By
Reuters
Published
Jan 11, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pandora posts record annual sales of $3.5bln, Q4 results above forecast

By
Reuters
Published
Jan 11, 2022

Danish jewellery maker Pandora said on Monday preliminary results showed record sales in the fourth quarter, fuelled by a strong U.S. market.


Pandora sales for the full year grew 23% to a record 23.4 billionDanish crowns - Pandora


Pandora, the world's largest jewellery maker by production capacity, said sales totalled 9.0 billion Danish crowns ($1.37 billion) in the fourth quarter, above the 8.4 billion expected by analysts in a poll gathered by the company.

Operating profit stood at 2.7 billion crowns between October and December, above the expected 2.5 billion.

Sales for the full year grew 23% to a record 23.4 billion.

"We are very pleased with the results in 2021," said Chief Executive Officer Alexander Lacik in a statement. "Pandora has returned to growth, and we deliver all time high revenue. It is encouraging that we see broad-based growth."

In the United States, its key market, organic sales grew 18% in the fourth quarter.

For the whole of 2021, organic sales grew 23% globally, compared with the 18-20% guided in November, when the company lifted full-year guidance for the third time.

A low single digit percentage of Pandora's more than 2,600 physical stores were temporarily closed during the fourth quarter due to coronavirus lockdown measures, it said.

"Furthermore, physical stores in a number of markets were negatively impacted by other restrictions, not least in China," the company said.

The company is due to publish a full set of results on Feb. 9.

© Thomson Reuters 2022 All rights reserved.