The question, who is the biggest jewelry retailer in the UK is now answered
Pandora’s online store works a spell as now contemplated as the largest jewelry retailer in the UK. Peter Andersen, Pandora’s president for Western Europe declares the brand as highly accepted online jewelry brand and leads the jewelry players by a considerable margin.
Pandora’s president for Western Europe, Peter Andersen announces Pandora as the biggest jewelry online store as well as online retailers in the UK. In a comprehensive interview with Professional jeweler, Mr. Andersen validates that the official e-store of Pandora (Pandora.net) is a leading jewelry store in the UK jewelry market by a considerable margin. 193, the majority of the Pandora’s branded store that are run by the franchise partners in the UK jewelry market itself makes it a renowned and prominent name. Further, the Danish jewelry giant own as well as operates eight stores. But its e-store, insignificant in comparison them all, leading to doubts over whether franchises will see themselves struggling over a shrinking slice of the cake. In the conversation during the interview, Mr. Andersen portrays that, at the moment the brand doesn’t have any issue and thinks that in the future too they will not confront any problem. Moments never remain same; they change the trend, and people nowadays are now moving from the high street to online. So far, when franchises are concerned when asked them about their sales experience during Christmas vacations, they explain it as amazing with a hike in a sale. Pandora updated its forward guidance to investors on worldwide gross revenue last week, with the 2015's expected figure to reach DKK 16.7 billion, a 40% gain over 2014.