Q3 news and archive

Pandora warns Covid-19 escalation may hurt peak season trading

Danish jewellery brand Pandora has warned that while brand momentum in the third quarter has driven positive sales, recent Covid-19 escalations has created a “new uncertainty” about the peak season trading. In the third quarter, it reports positive sales momentum, with like-for-like sales growing 8 percent in October. However, it adds that new...

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Pandora reports like-for-like improvement in Q3

Jewellery brand Pandora has reported like-for-like improvements following its relaunch in the summer in Los Angeles, where it showcased its new company vision, “We give a voice to people’s loves – Passions, People and Places,” alongside an updated logo, monogram and signature colour. Pandora is stating that its Programme Now is on track,...

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UK Retail Health hits five year low

New figures released by KPMG/Ipsos Retail Think Tank (RTT) indicate that the UK is ‘set for the worst run of retail health performance for five years.’ The RTT Retail Health Index base of 100 was set on April 1, 2006. Now the index base is currently set at 81, one point less than the first quarter of the year. “When looking at the retail sector...