But those of us, who are fond of rambling around shopping malls, could offer a modern perspective on this debate. An added problem for Pandora is the critical US retail market where the big shopping malls are seeing diminishing footfall and competition from the internet. Two years after floatation, it lost more than two-thirds of its market value after a profit warning. However, trouble came again this year when the group shocked its investors with a profit warning. Investors holding Pandora shares have seen them fall 50pc over the year and while revenues at DKK 23bn (€3.1bn) showed double-digit increases, net income at DKK 5.8bn (€783m) remains static.

Source: Irish Independent December 03, 2018 02:26 UTC