By  on May 15, 2018

PARIS — Copenhagen-based jewelry firm Pandora flagged a slowdown in growth in China as it reported a 1 percent dip in first-quarter sales.

Sales for the three-month period totaled 5.12 billion Danish kronor, or $819 million, representing a 6 percent rise in local currency terms. Earlier this year, the company said it expected first-quarter sales to fall below the annual growth target of between 7 and 10 percent sales growth in local currencies.

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