Fabergé lost millions before takeover deal Retail Fabergé, the jeweller famous for its imperial Russian Easter eggs, fell into the red in the year before being sold to a technology investor for $50m (£37m) last month. The company is set to be taken over by SMG Capital, a US investment company controlled by the tech backer Sergei Mosunov. Fabergé is currently owned [...]
Pandora: US drives double-digit growth in ‘outstanding year’ for Danish jeweller Retail Danish jewellery brand Pandora has reported an “outstanding year” for the business despite continued caution in global markets. Organic growth at the jewellery brand was 13 per cent in the financial year 2024, above the already-upgraded guidance of 11 per cent to 12 per cent. This comprised seven per cent life-for-life sales growth and five [...]