Pandora Sales Rise because Store Network GrowsPosted by pandoracharm on September 1st, 2018 Pandora’s earnings grew 21 percent to . IN SEARCH OF billion (DKK 20. 28 billion) not too long ago as the jeweler expanded it is network of branded stores. The number of Pandora Black Friday 2018 -branded retail locations, known because concept stores, increased by 336 to 2, 138 in 2016, the corporation reported. These types of stores recorded a 37 percent bounce in sales. Revenue from multi-branded stores fell 7 percent as the volume of locations slumped by 1, 829 for you to 3, 966. “Growth was generally driven by an increase throughout volume, ” the Denmark-based jeweler said. “On average, prices on individual products to your end consumer were largely unchanged. ” Profit jumped 64 pct to 1. 9 million (DKK 6. 03 billion) due to higher sales and finance income. For full-year 2017, the company forecast its revenue can come in between . 29 thousand (DKK 23 billion) and . 44 billion (DKK 24 billion) in 2017, a year in which Pandora will add more than 275 new concept stores. Like it? Share it!More by this author |