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Pandora seals 23m Irish deal

#1 by Jackieright7 , Fri May 25, 2018 11:35 pm

Danish jewellery brand Pandora has agreed a deal to take direct ownership of its Irish business from family owned BJ FitzPatrick for 20m.

The cheap pandora charms australia includes 25 outlets in the Republic, and 15 shops and concessions in the North.

The price includes an additional 3m for stock. Pandora Online Store Australia, is listed on the Nasdaq Nordic Stock Exchange, and announced the deal to the market on Tuesday.

It will take over shop leases and responsibility for around 180 staff here on June 1.

Pandora Bracelet Sale said the deal is consistent with its plan to take greater control of its global business, by increasing the owned and operated retail footprint in markets of importance.

The chain has been here since 2007.

Sales were 24m in the Republic and 5m in Northern Ireland last year.

Jackieright7  
Jackieright7
Posts: 6
Date registered 05.25.2018


   

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