Thursday, March 30, 2023
  • Laboratory Services
    • Diamond Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • Gemstone Testing
      • For Natural Gemstones
      • For Treated or Enhanced Gemstones
      • For Synthetic Gemstones
    • Jewelry Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • More Lab Services
      • Assurance by GSI
      • Laser Inscription
      • Light Analysis
      • Screening and Detection
        • Screening All Jewelry
        • The Importance of Transparency
  • GSI Grading Reports
    • Natural Diamond Grading Reports
    • Laboratory-Grown Diamond Grading Reports
    • Colored Stone Identification Reports
    • Jewelry Reports
  • Research
    • Research TBD
    • From the Lab TBD
    • Equipment Features TBD
  • Education
    • About Education
    • Courses
    • Videos
  • My GSI
    • Verify Your Report
    • Virtual Vault
    • Online Tracking
  • About GSI
    • The Four Pillars
    • Management Team
    • Affiliations
    • FAQ
  • GSI News
    • Press Releases
    • Latest Press
    • Latest Social Media
  • Laboratory Services
    • Diamond Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • Gemstone Testing
      • For Natural Gemstones
      • For Treated or Enhanced Gemstones
      • For Synthetic Gemstones
    • Jewelry Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • More Lab Services
      • Assurance by GSI
      • Laser Inscription
      • Light Analysis
      • Screening and Detection
        • Screening All Jewelry
        • The Importance of Transparency
  • GSI Grading Reports
    • Natural Diamond Grading Reports
    • Laboratory-Grown Diamond Grading Reports
    • Colored Stone Identification Reports
    • Jewelry Reports
  • Research
    • Research TBD
    • From the Lab TBD
    • Equipment Features TBD
  • Education
    • About Education
    • Courses
    • Videos
  • My GSI
    • Verify Your Report
    • Virtual Vault
    • Online Tracking
  • About GSI
    • The Four Pillars
    • Management Team
    • Affiliations
    • FAQ
  • GSI News
    • Press Releases
    • Latest Press
    • Latest Social Media
No Result
View All Result

Pandora Plans $158M Manufacturing Expansion, Hopes to Double US Revenue

Jewelry Industry Admin by Jewelry Industry Admin
September 22, 2021
in Watch News
0


RELATED POST

NDC Announces Holiday 2021 Diamond Jewelry Trends

The New URWERK UR-112 Aggregat

Pandora plans to invest $157.8 million in a manufacturing expansion, including a new factory in Vietnam.

In all, the company will increase its production capacity by about 60 percent or 80 million pieces of jewelry per year. That includes 60 million pieces to be built in Vietnam and additional capacity of about 20 million pieces to be added at existing sites in Thailand.

Pandora’s long-term goals as part of its “new chapter of growth” include doubling revenue in the U.S. and tripling revenue in China from 2019 levels, according to a press release.

“We are very pleased to confirm that Pandora is back on the growth track,” said Alexander Lacik, CEO of Pandora. “We have vast untapped opportunities in our existing core business and they will drive long-term sustainable and profitable growth. Our objective is to be the largest and most desirable brand in the affordable jewellery market. And we have a strong foundation to deliver on that objective.”

Headquartered in Copenhagen, Pandora employs 26,000 people worldwide and crafts its jewelry at two LEED-certified facilities in Thailand using mainly recycled silver and gold. The jewelry is sold in more than 100 countries through 6,700 points of sale, including more than 2,600 concept stores.



Source link

Related Posts

NDC Announces Holiday 2021 Diamond Jewelry Trends
Watch News

NDC Announces Holiday 2021 Diamond Jewelry Trends

October 28, 2021
The New URWERK UR-112 Aggregat
Watch News

The New URWERK UR-112 Aggregat

October 28, 2021
70% of Gen Z Shoppers Will Do Most of Their Holiday Shopping in Stores
Watch News

70% of Gen Z Shoppers Will Do Most of Their Holiday Shopping in Stores

October 28, 2021
Laco Munchen Erbstuck Chronograph Limited Edition
Watch News

Laco Munchen Erbstuck Chronograph Limited Edition

October 27, 2021
Hands-On Glashütte Original Senator Excellence Perpetual Calendar Salmon
Watch News

Hands-On Glashütte Original Senator Excellence Perpetual Calendar Salmon

October 27, 2021
Watch News

Urwerk – UR-112 Aggregat | Time and Watches

October 27, 2021
Next Post
How to Find MM to Carat Weight Conversions for Diamonds and Gemstones

How to Find MM to Carat Weight Conversions for Diamonds and Gemstones

USA | India | Israel | Belgium | Botswana | Dubai  | Hong Kong | Australia New Zealand | Canada | China  | Jordan Egypt | UK | Denmark | Saudi Arabia | Bahrain

HOME | ABOUT GSI | GSI SERVICES & REPORTS
GSI RESEARCH | MY GSI EDUCATION
GSI PRESS

Follow us

No Result
View All Result
  • Contact Us
  • About Us
  • Privacy & Policy
  • Terms and Conditions

© 2021 Copyright Rick Mulholland DEMO

No Result
View All Result
  • Home
  • About GSI
    • The Four Pillars
    • Management Team
    • Affiliations
  • GSI Services and Reports
    • Laboratory Services
    • GSI Grading Reports
  • GSI Research
  • My GSI
    • Verify Your Report
    • Trade Client Portal
    • Virtual Vault
  • Education
    • Courses
    • Videos
  • GSI Press
    • Latest GSI News (Press Releases)
    • About Jewelry and More

© 2021 Copyright Rick Mulholland DEMO