Karl Walsh to head up new Pandora division
Pandora has hired Karl Walsh of Accenture to head its new global e-commerce division, the Danish jewellery maker has announced.
Walsh, 38, has previously been employed at at McKinsey & Co, Archetypes, Brandtone and Boston Consulting Group.
The new division stated “should make it possible to strengthen cooperation with Pandora’s 100 markets and ensure rapid progress in the e-commerce field”.
Pandora has also reported that Minna Philipson, its senior vice president for global marketing since 2016, has decided to leave the company.
Pandora’s online sales as a percentage of overall sales are not as high as some of their competitors–they lag behind those of their peers. Shares are down more than 26 percent from the past year, impacted by lower sales in the United States, its largest market.
The firm, best known as a retailer of charm bracelets missed its own 2017 earnings forecast, disappointing investors.
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
