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Appointment: Pandora picks Alexander Lacik as new CEO

Denmark’s jeweller Pandora has named Alexander Lacik as its new Chief Executive, who will oversee a plan to help the firm regain its competitive edge in a weak retail market. Lacik, 54, joins Pandora, the world’s largest jewellery maker by production capacity, from British childcare products maker Britax. Pandora announced on the 14 February 2019: The Board of Directors of Pandora has today appointed Alexander Lacik as President and Chief Executive Officer. Mr. Lacik’s strong track-record as a consumer marketer and brand architect will help drive the execution of Programme NOW and assert Pandora’s position as the world’s largest jewellery

Appointment: Geena Tok leaves Nike to head up Pandora China business

Pandora has recruited Geena Tok from Nike to head its business in China, where the Danish company has been challenged by a rise in sales on the grey market. Pandora has 200 stores and employs more than 1,400 people in China but has said it needs to counter China's grey market, where increasing numbers of jewellery pieces are imported from other markets and sold online. Last month Pandora, the world's largest jewellery maker by production volume, said it would lower retail prices in the country by an average of 15 percent. Chinese resident Tok joins Pandora next month, having spent

Need for flexible working may underpin gender pay gap

A desire for flexible working arrangements and a reluctance to relocate for more senior roles were the reasons behind a gender pay gap in the jewellery retail industry that was higher than the national average, research has shown. Pay differentials between men and women for equal jobs ranged from 2% higher at Links of London to 91.6% lower at Pandora, where women effectively have been earning 28p for every £1 earned by a man. But the data, collected and collated by the Government’s Gender Pay Gap Service, did not take into consideration the proportion of store employees who make up

REPORT: Market Intelligence: Week ending 6 November 2026

Precious metals bounced back this week after a punishing October, but gold slipped on Friday after strong US jobs figures, a day after the Bank of England raised interest rates to 4%. On the high street, shoppers are holding back, though Pandora's results suggest jewellery demand is holding up better than many feared. Precious Metals Gold is about £3,020 an ounce, rising this week before falling back on Friday, and remains about 28% below January's record. Metal Price per troy ounce Price per gram The week Context Gold about £3,020 about £97 Up around 5% before Friday's jobs report, then