Pandora’s ANZ GM Travis Liddle will step down from the role at the end of this month after 4.5 years with the company.
Initially sales director within the Pacific Greater Asia cluster, he assumed the GM role in September 2023.
“Leaving Pandora and this incredible team has not been an easy decision,” he said in a statement. “I’m proud of what we’ve achieved and excited to see the Pandora ANZ cluster thrive under new leadership. It’s been a privilege to work with such talented and passionate individuals.”
The announcement coincided with Pandora’s release of its global earnings overnight, with a strong US performance driving increases in sales and profit.
The jewellery company’s earnings before interest and taxes (EBIT) rose 13.3 per cent to US$1.11 billion on revenue up 12.6 per cent to $2.9 billion.
Organic growth stood at 13 per cent, with like-for-like growth of 7 per cent and network expansion of 5 per cent.
“It’s a stronger consumer demand and sentiment in the US than we see in Europe, and one would probably think that that’s going to continue into this year,” Pandora CEO Alexander Lacik told Reuters.
For the current year, the company estimates organic growth of 7 per cent to 8 per cent and EBIT margin of around 24.5 per cent.
“In 2025, we target another year of solid and profitable growth and we have all actions lined up to continue the strong development,” said Lacik.
Earlier, the company revealed plans to open another 50 stores in the US by the end of this year.
