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Shares in Pandora, the world s largest jewellery maker by production capacity, fell sharply on Monday as investors were concerned about weak sales growth at its own stores in the third quarter.. | November 1, 2021 ....
Message : Required fields COPENHAGEN (Reuters) - Jewellery maker Pandora on Tuesday posted organic sales growth of 12% in February despite around a quarter of its 2,700 stores worldwide being shut. Pandora is pleased with the performance so far in 2021, Pandora said in a trading statement, adding that sell-out growth in the United States continued to be very strong. Sales in shops or online to customers in February grew 7% year on year, it said. Year to date, organic growth stood at 4% with while actual sales to customers grew 1%, Pandora said. It kept its financial guidance unchanged. The number of stores shut fell to 25% from 30% at the beginning of February, it said. ....