Headlines

Pandora Plans Major Expansion

Assumes leases of 78 stores in Germany

Published

9 years ago

January 5, 2015

Jewelry group Pandora (Copenhagen, Denmark) has taken over the leases of 78 BiBA apparel stores in Germany as part of its European expansion. The BiBA brand operates under DHG GmbH company (Zurich, Switzerland). All of the spaces are standalone units. The agreement will nearly double Pandora’s number of stores in the European Germany. The country is a key market for the jeweler, having produced nearly $60 million in sales in the first nine months of 2014, according to Women’s Wear Daily.

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