Jewellery group Pandora builds bigger US distribution centre

COPENHAGEN (Reuters) - Jewellery maker Pandora said on Wednesday it will build a bigger distribution centre in the U.S. state of Maryland to support expansion in North America, its largest and fastest growing market.

The Danish company, which has 500 stores in the United States, saw 12% organic growth in the country in the first half of 2025, driven by solid in-store and online traffic, it said, adding its U.S. revenue had more than doubled from 2020 to 2024.

The new facility, to be built in Anne Arundel in Maryland, expands Pandora's distribution footprint in the country by almost 80%, it said in a statement.

"By expanding our operational capabilities, we are positioning Pandora to capture the strong growth opportunities we continue to see across North America," Luciano Rodembusch, President of Pandora North America said.

Construction will begin this month, with the opening planned for the first half of 2026, Pandora said.

The group employs 8,000 people in the U.S., close to 22% of its global workforce.

(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik and Anna Ringstrom)