The Copenhagen-based jeweler targets an annual decline in organic sales in the range of 14 to 20 percent.
The Danish jeweler is on its way to phasing out mined metals by 2025.
Bracing for possible prolonged store closures — lasting throughout this year — Pandora bulked up its credit lines.
The jeweler has made a commitment to donate $50,000 at minimum to ANF’s COVID-19 fund, with a potential to increase the amount based on sales.
The H&M veteran will manage commercial operations for the restructuring jeweler.
Stores are shut across Europe, but have reopened in China; manufacturing in Thailand is functioning.
“Consumers are responding positively to our commercial initiatives,” said chief executive officer Alexander Lacik.
The Danish jeweler registered a loss in the third quarter and cut its full-year guidance.
The actress took part in an intimate talk covering a range of topics aimed at Generation Z, from how to handle bullying online, rejection in life and how to ultimately become the person they want to be.