70

News

Pandora reveals plans to open hundreds of new stores

Lucie Rychla
January 7th, 2016


This article is more than 8 years old.

Danish jewellery manufacturer will also expand production capacity of its factories in Thailand

Pandora opened 375 new stores in 2015 (photo: Spi3Opule)

Danish jewellery maker and retailer Pandora has announced plans to open between 200 and 300 stores a year between 2016 and 2018.

Most of the new shops (60 percent) will spring up in Europe and the rest will be equally divided between the Americas and the Asia-Pacific region.

Last year, the company’s sales increased by 40 percent as Pandora generated an estimated 16.7 billion kroner in revenue.

Over the next three years, Pandora will continue investing into the expansion of its factories in Thailand to double their current production capacity.

In 2015, the company opened 375 stores (50 more than expected) and now has 1,600 stores globally.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”