- BUSINESS EXPANSION – Commended
- ENVIRONMENTAL – Commended
- SAFETY – Commended
Retail Insight Network Excellence Awards and Rankings 2022 – The Verdict
Pandora is a Danish jewellery manufacturer and retailer that is ranked for Business Expansion, Environmental and Safety in the 2022 Retail Insight Network Excellence Rankings.
During the last 12 months, the company has been focusing on meeting the targets of its long-term growth strategy. The Danish retailer aims to increase its market share and double its revenue in the US compared with 2019. As part of this expansion Pandora has acquired 37 store locations from US jewellery retailer Ben Bridge Jeweler.
With the launch of its lab-grown diamond collection, the company has come out with a strong offering in the field of sustainable luxury
With the launch of its lab-grown diamond collection, the company has come out with a strong offering in the field of sustainable luxury. The collection is called Pandora Brilliance and all the jewels in it are crafted using more than 60% renewable energy on average. With this offering the retailer is also hoping to increase transparency in diamond supply chains, which have been a constant source of human rights controversies.
The jewellery manufacturer has also been proactive in countering the spread of COVID-19 in the US by adapting the Appian Workforce Safety solution early in the pandemic.
Pandora designs, manufactures and markets hand-finished and contemporary jewellery. Its products include bracelets, charms, earrings, necklaces and pendants, gifts and rings.
The company’s jewellery is sold in various countries through its point of sale and concept stores. It offers its products under the brand Pandora and also made available online through eSTORE. Under the jewellery materials category the company offers solid sterling silver and 14 or 18 k gold with gemstones, cultured pearls, glass, and other materials.
The company also offers franchise of its stores. Pandora operates in the Americas, the Middle East and Africa, Europe, and Asia Pacific. Pandora is headquartered in Copenhagen, Denmark.