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Pandora Bets on Vietnam With New $150 Million Factory

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Pandora has opened a new $150 million factory in Vietnam, its first production base outside Thailand. The expansion comes as the Danish jeweler tackles higher costs and tariff risks while growth in Asia helps offset weaker US demand.

Pandora has opened a new $150 million factory in Vietnam, its first production base outside Thailand. The expansion comes as the Danish jeweler tackles higher costs and tariff risks while growth in Asia helps offset weaker US demand. (Source: Bloomberg)
Vietnam (LOCATION) Thailand (LOCATION) Danish (ORG) Asia (LOCATION) US (LOCATION) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →