jewelry

Pandora Shares Soar After Jewelry Maker Raises 2020 Guidance

(Bloomberg) — Trading in Pandora A/S shares gave the jewelry maker its highest valuation since May 2018, after it raised its guidance for the year citing a spike in online demand.



a close up of a table: Silver and white gold rings sit on display in the window of a Pandora A/S jewelry store in Copenhagen, Denmark.


© Photographer: Freya Ingrid Morales
Silver and white gold rings sit on display in the window of a Pandora A/S jewelry store in Copenhagen, Denmark.

Copenhagen-based Pandora rose more than 10% after the market opened on Friday. Denmark’s index of benchmark shares was up about 0.9%.

Management opted to publish preliminary third-quarter results late on Thursday, after a “strong” performance improved its prospects for the year. It now expects 2020 Ebit margin to reach at least 17.5%, compared with 16% previously. That’s after online organic growth of 89% in the quarter.



a close up of a table: Silver and white gold rings sit on display in the window of a Pandora A/S jewelry store in Copenhagen, Denmark.


© Photographer: Freya Ingrid Morales
Silver and white gold rings sit on display in the window of a Pandora A/S jewelry store in Copenhagen, Denmark.

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jewelry

Pandora releases Star Wars-inspired jewelry collection

SINGAPORE – Pandora is releasing its much-anticipated 12-piece Star Wars-inspired collection, which is sustainably made from 71% recycled metals.

The 12-piece collection includes ten charms, a bracelet and an additional limited-edition collector’s charm.

“We wanted to tap into the futuristic yet vintage aesthetic of Star Wars that is well known from the original trilogy all the way to the new Disney+ series, The Mandalorian,” say Francesco Terzo and A. Filippo Ficarelli, Pandora’s VP Creative Directors.

“We worked hard to transform the pieces of Star Wars into jewellery using intricate design detailing and expert craftsmanship techniques.”

“Inspired by the Star Wars galaxy, this collection includes a variety of options for fans around the world to customise their looks,” said Paul Southern, Senior Vice President, Licensing and Franchise, Lucasfilm. “The collection succeeds in capturing the symbols and beloved characters of Star Wars and reimagining them in jewelry form.”

Fans will receive a

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