Pandora names new general manager of Greater China
Pandora has hired Irving Holmes Wong as its new general manager of its Greater China business.
Holmes Wong previously worked with the Avon beauty business as managing director, Asia-Pacific and general manager of China. Prior to that, he held senior management positions at Bacardi-Martini, Revlon and L’Oreal.
In his new role, he will lead the brand’s business in the Greater China cluster as it aims to take advantage of growth opportunities. The cluster employs more than 2,000 people and covers 250 concept stores across mainland China, Hong Kong, Taiwan and Macau. He will report to Pandora chief commercial officer Martino Pessina.
As part of its Phoenix strategy, Pandora has set a long-term target to triple its Chinese business from 2019 and has laid out a two-phase plan to achieve the growth, which includes opening more stores.
Pessina said: “Irving is a senior executive who has successfully transformed and grown businesses in China and neighbouring markets. He is a strategic brand-builder and brings valuable turnaround and growth-acceleration experience that will help us strengthen our position in Greater China and reach our Phoenix targets.”
Pandora generated DKK 1.1 billion revenue in mainland China in 2021, which was approximately 5% of the company’s total revenue.