Pandora shares are tumbling after naming founder Tim Westergren chief executive March 28, 2016 Shares in the the US-based internet radio company Pandora tumbled after announcing the exit of its chief executive and return of the company's founder to replace him. Brian McAndrews is exiting the media company and will be replaced by founder Tim Westergren who served as boss in its early days until 2004. Shares were down more than 10 per cent in pre-market [...]
Pandora shares lose their shine after jeweller forecasts sales slowdown in 2016 February 9, 2016 Shares in Pandora have slumped by seven per cent after the Danish jewellery firm warned of a slowdown in revenue growth over the coming year. The charm bracelet-maker forecasts sales to rise by 14 per cent to 19bn Danish kroner (DKK) in 2016 compared with a jump of 28.9 per cent at local currencies to [...]
Wall St slips as global concerns curtail rallies – New York Report December 17, 2015 CONCERN over faltering global economic growth yesterday ended a three-day rally on Wall Street, led by declines in energy and materials shares, a day after shares rose on the Federal Reserve’s decision to raise interest rates. The Dow Jones industrial average fell 253.25 points, or 1.43 per cent, to 17,495.84, the S&P 500 lost 31.18 [...]
Where can I use Apple Pay in the UK? The A-Z of shops, restaurants and apps which will accept mobile payment with iPhone 6 and 6 Plus November 17, 2015 Apple launched its mobile payment service, Apple Pay, in the UK in its first mobile payment move beyond the US, capitalising on the boom in mobile and contactless payments among consumers. iPhone 6 and 6 Plus users can now pay with just the tap of a smartphone, or Apple Watch, across the high street and [...]
Pandora sales sparkle as Danish jeweller charms UK shoppers November 10, 2015 Danish jewellery brand Pandora has posted a 50.5 per cent jump in UK sales in the third quarter, after its rings, necklaces and charm bracelets flew off the shelves. The listed company, which has opened 179 stores in the UK over the last seven years, said like-for-like sales increased by 17.5 per cent compared to [...]
Pandora rings up strong sales in UK August 12, 2015 DANISH jewellery brand Pandora said UK sales jumped by a third in the second quarter, as consumers snapped up its charm bracelets, rings and necklaces. The group, which was led until recently by former Asda boss Allan Leighton, said group revenue increased by 41.4 per cent to DKK 3.6bn, thanks to strong growth in the [...]
Publicis boss Maurice Levy says Brexit would be a “bloody disaster” August 10, 2015 The boss of one of the world’s largest advertising firms has said that it would be a “bloody disaster” if the UK left the European Union. Maurice Levy, the chief exec and chairman of Publicis Group, accused Prime Minister David Cameron of opening Pandora’s box by seeking to renegotiate the terms of Britain’s relationship with [...]
Pandora share price spikes as advertising money gives revenue 30pc jump July 23, 2015 The figures Pandora saw both sales and earnings soar past estimates, with its revenue growing by 30 per cent year-on-year to $285.6m. The Internet radio service announced earnings per share that were over double analysts’ expectations at $0.05 against the forecast $0.02. Shares in the company lept after the report, trading over 6 per cent [...]
Apple Pay: How does it work and is it any quicker? A guide for the new contactless payment system July 15, 2015 Apple Pay has finally arrived in the UK. Well, sort of. If you have the right iPhone and the right bank and you shop in the right place and if the sun is shining at just the right angle – then you can use Apple Pay (okay, we made the bit about the sun up). [...]
Wagamama hires retail veteran Allan Leighton as new chairman July 5, 2015 Asian restaurant chain Wagamama is set to appoint Allan Leighton as chairman, paving the way for further expansion overseas. The retail and leisure veteran, best known for turning around supermarket chain Asda, has had a prolific career chairing and advising companies including Royal Mail, the Co-operative Group, and retailers BHS, Peacocks and Pandora. [...]