Pandora will lay off another 1,200 workers in Thailand as new CEO Alexander Laci...
FILE PHOTO: A Pandora store, the international Danish jewellery manufacturer and retailer, is seen in Paris, France, August 7, 2018. REUTERS/Benoit Tessier/File Photo
“The brand as well as the company has reached a point of maturity and it is not without some serious challenges,” said Lacik, who took the helm last month. Earnings before interest, tax, depreciation and amortization fell 12 percent to 1.5 billion Danish crowns , but topped the 1.3 billion expected by analysts in a Reuters poll.
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