Pandora confident it can dodge slowdown in luxury market High Street The boss of Scandinavian jeweller Pandora has said he is increasingly positive about the company’s outlook as it heads into the crucial Christmas period despite the shine coming off the wider luxury goods sector. Speaking to the Financial Times, Pandora CEO Alexander Lacik said that his company has benefited from its relative affordability: “When people [...]
Pandora raises revenue guidance off the back of strong growth RETAIL Pandora has raised its full year revenue guidance following a strong performance in the second quarter of the year. The Danish Jewellery maker, best known for its charm bracelets, said today that it expects organic sales growth for the year to be in the range of two per cent to five per cent, up from [...]
BBC faces £100k libel trial by Tory donor over Pandora Papers Panorama HIGH COURT Mohamed Amersi, who has been reported to have donated over £500,000 to the Conservative Party since 2016, brought the legal action against the BBC.
Pandora sparkles as organic growth exceeds guidance February 9, 2022 Danish jewellery maker Pandora has recorded record revenue in its fourth quarter results, driving its share price up on Wednesday morning. The charm-bracelet manufacturer reported full year organic growth of 23 per cent compared to 2020, exceeding guidance. Its earnings before interest and tax margin grew 25 per cent, also higher than anticipated. Sales were [...]
Blairs hit back after Pandora Papers property revelation October 4, 2021 TONY Blair is amongst a host of high-profile global figures who have been dragged into a row over offshore taxation after the leak of thousands of pages of confidential financial documents. Dubbed the Pandora Papers, the leak is set to raise difficult questions for figures as prominent as Vladimir Putin and the King of Jordan. [...]
UK urged to crack down on ‘dirty money’ as Pandora Papers expose London’s murky role October 4, 2021 There are fresh calls today to tighten Britain’s defences against “dirty money” after a leak of offshore data exposed the secret financial dealings of some of the world’s richest and most powerful people. The cache of almost 12m files – dubbed the Pandora Papers – is said to cover the activities of some 35 current [...]
Pandora Papers leak: Putin, Tory donors and the King of Jordan among the rich and powerful with financial secrets exposed October 3, 2021 The secret deals and hidden assets of the world’s most powerful politicians and billionaires have been revealed in the biggest leak of financial offshore data in history. More than 100 billionaires, 30 world leaders and 300 public officials’ undercover dealings have been exposed in a joint investigation by BBC Panorama with the Guardian and other [...]
Pandora heads for growth this year as online sales boom February 4, 2021 Jewellery maker Pandora anticipates its first sales growth in three years this year despite many high street shops enduring a harsh pandemic sales dip. 2021 looks to be a year of growth for Pandora, the company said this morning, with thanks to a boost in online sales pushing a strong final quarter in 2020. The [...]
Government warned over opening ‘Pandora’s box’ on UK nuclear deterrent March 23, 2021 The UK would open a “Pandora’s box” if it were to consider using its nuclear arsenal against non-nuclear countries possessing equivalent weapons of mass destruction, a former defence secretary has warned. Raising his concerns at Westminster, Labour peer Lord Reid of Cardowan argued against any shift in the potential deployment of the UK’s submarine-based deterrent. [...]
How lab-grown diamonds could solve ethical and price problems to be next crown jewel September 16, 2023 Petra Diamonds share price took a three per cent tumble on Friday morning, following news that the number of rough diamonds it sold slumped by 33 per cent. Adjusted profit before tax also fell by a whopping 95 per cent $8.3m (£6.7m), driven by a drive decline in total diamond production. The FTSE 250 company [...]