Jewelry maker Pandora announced that the company will open an office in New York in September 2022 for its U.S. hub. Located in Manhattan, the new hub will deploy as a temporary space this fall, followed by a permanent space in the summer of 2023. The office will support approximately 150 full-time corporate employees.
A New York hub increases Pandora’s ability to recruit top retail talent as the brand continues its long-term growth ambition in the U.S. market, which is to increase market share and double revenue in the U.S. compared to 2019. Pandora’s U.S. business reached over $1 billion in sales in 2021.
“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,” says Luciano Rodembusch, President, Pandora North America. “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 says its North America Hub in Baltimore and Logistics Center in Columbia, MD will remain open and integral to business operations. Pandora also launched a global Digital Hub in London earlier this year.
Pandora designs, manufactures and markets hand-finished jewelry made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,600 concept stores.
Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and manufactures its jewelry at two facilities in Thailand.
