Pandora to open New York office to boost US growth
Jewellery brand Pandora is to open an office in New York this September as part of its long-term growth ambitions in the US.
The facility will be home to 150 full-time corporate employees.
In a statement, Pandora said a New York hub will increase its ability to recruit world class talent as it works to increase market share and double revenue in the country compared to 2019. Pandora’s US business reached over $1 billion in sales in 2021.
Luciano Rodembusch, president of Pandora North America, said: “New York is the largest commercial market in the US and one of the largest commercial markets in the world, attracting leading talent that will strengthen our brand as we continue to deliver on our business strategy. We are also committed to increasing our investment in the New York retail industry – adding to our existing business footprint which includes nine store locations across Manhattan, Brooklyn, Queens and the Bronx.”
Pandora also has a North American hub in Baltimore and a logistics centre in Columbia, both of which will remain operational following the opening of the New York office. The brand also recently launched a global digital hub in London.