Danish jeweler Pandora raked in $771 million in Q2 (ended June 30) – a rise of 3% year-on-year. According to Pandora, quoted by IDEX Online, it is the “third straight quarter with record revenue.”
Alexander Lacik, Pandora’s president and CEO, commented that the company has maintained “solid growth” despite “pre-pandemic levels, despite negative impacts by lockdowns in China and a tough US comparison due to the stimulus cheques last year.” Lacik added that Pandora “remains optimistic and encouraged by the growth opportunities ahead of us.”
Last June, Pandora entered the Top 10 of the $100 million supersellers club – a prestigious ranking of North America’s largest sellers of fine jewelry and watches, based on sales for fiscal year 2021. Pandora entered the top 10 (up from 13th place) with sales of $1.05 billion in 2021.
