Pandora opens $150 million factory in Vietnam, its first base outside Thailand
Pandora has opened a new $150 million factory in Vietnam, its first production base outside Thailand. The move comes as the Danish jeweler faces higher costs and tariff risks while Asia growth helps offset weaker U.S. demand.
VP
Business
Pandora has opened a new $150 million factory in Vietnam, marking its first production base outside Thailand. The video highlights an expansion that comes as the Danish jeweler works through higher costs and tariff risks.
The move also reflects a shift in the company’s production footprint as growth in Asia helps offset weaker demand in the U.S., according to the caption.
Video: @bloombergbusiness on Instagram
0 comments
No comments yet
Start the conversation.