Published by Global Banking & Finance Review®
Posted on March 31, 2026
1 min readLast updated: March 31, 2026
Add as preferred source on GooglePandora is opening a new distribution centre in Mississauga, Ontario, operated by GXO Logistics, to handle Canadian orders locally and avoid U.S. tariffs. This move is expected to mitigate a 1.5‑percentage‑point hit to its 2026 operating margin due to U.S. trade levies.
COPENHAGEN, March 31 (Reuters) - Danish jewellery maker Pandora said on Tuesday it was opening a distribution centre in Ontario, Canada to reduce the company's exposure to U.S. tariffs.
The warehouse in Mississauga will enable the brand to process Canadian online orders, which were previously handled by U.S. distribution centres meaning the jewellery had to pass through U.S. customs.
Pandora, known for charm bracelets, makes all its jewellery at two factories in Thailand and has been bruised by U.S. President Donald Trump raising the import tariffs on the country.
Pandora has said it expects U.S. tariffs to take 1.5 percentage points off its operating margin in 2026.
Canada is one of Pandora's fastest-growing markets, the company said in a statement, and the distribution centre - operated by GXO Logistics - will speed up deliveries to the country.
(Reporting by Louise Rasmussen and Helen Reid, editing by Stine Jacobsen and Arun Koyyur)
Pandora opened the centre in Ontario to reduce its exposure to US tariffs and speed up deliveries for Canadian customers.
Canadian online orders will now be processed locally, avoiding US customs and resulting in faster delivery times.
US tariffs are expected to reduce Pandora's operating margin by 1.5 percentage points in 2026.
All Pandora jewellery is manufactured in two factories located in Thailand.
The new distribution centre in Mississauga is operated by GXO Logistics.
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