Since its arrival in the UK during a time of economic turmoil, the business has seen a significant growth, with revenue rising from £52m in 2009 to £128m in 2013, a 33% increase on 2012's results.
The overwhelming success of the business is most visible through its network of over 120 Concept stores spanning across most major UK cities, in England, Scotland and Wales and not forgetting
pandora charms's flagship store, which opened on Oxford Street in September 2013, which is the largest Pandora concept store in the world. In addition, the UK launched the first transactional website within the Pandora family in October 2012- the
pandora uk Store.
Peter Andersen, President for Pandora Western Europe commented: "2014 marks a significant milestone in
pandora essence's history. During the past five years we have managed to build on a promising business model to construct one of the most successful jewellery brands in the UK. Five years ago when we first launched in the UK, we were a small player in the market with 250 wholesale accounts – today's picture is much brighter; with over 120 concept stores in all the right locations, we are now the UK's leading jewellery retailer.
"I am immensely proud of the success delivered by the team, who have realised the brand's full potential through their expertise and hard work. Many of our first starters are still aboard, whilst we have also been pleased to welcome new members to the business, which is growing by the minute. We now look forward to the next five years of trading in the
pandora essence collection UK. With exciting new designs and projects in the pipeline, we expect a prosperous and successful future."
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