Wednesday, May 8, 2019

Pandora’s U.S. Sales Fall 12 Percent, Will Close 50 Stores

Pandora’s sales fell sharply in the United States and elsewhere during the first quarter of 2019, as the company reduced promotions and experimented with new products.

Pandora also announced plans to close 50 of its concept stores across the world and is opening fewer stores: It opened eight in the first quarter, compared to 39 the year before.. . . more

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