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Pandora Stock News
kr919.80
10.90%
Copenhagen, Nov 04, 04:59 pm CET.
Closed.
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New Vietnam facility boosts Pandora's manufacturing capacity by around 50% and can produce up to 60 million pieces annually CEO says Asia remains a βvery positive region,β with Japan nearly doubling in size in only years and China returning to growth
Danish jewellery maker Pandora opened a $150 million factory in Ho Chi Minh City on Thursday, its largest manufacturing facility and its first production site outside Thailand βas it bids to diversify its manufacturing footprint and bolster supply-chain resilience.
As President Donald Trump prepares to meet with Chinese President Xi Jinping, the U.S. auto industry is warning him to bar Chinese automakers from entering the country. Legislators have also urged the president to keep restrictions in place as bipartisan bills to ban Chinese automakers from the U.S. move through Congress.
Corporate America may be broadly using AI, but an analyst noted that some management teams are hesitant to bring it up with investors because it won't translate to financial results just yet.
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