On Oct. 30, Pandora’s Hamburg, Germany–based European distribution center caught fire, which could disrupt its product distribution in Europe for the next few weeks.
No people were injured in the incident, the Copenhagen, Denmark–based charm and jewelry company said in a statement. The fire has since been extinguished and access to the premises is possible, it added.
The company’s jewelry inventory made it through intact, it said, and it expects distribution will be back to normal in a few weeks. Pandora will attempt to fulfill stock for its stores in Europe to the greatest extent possible through its Thailand distribution center. The statement said that Pandora’s stores in Europe hold enough inventory to sustain sales until the European distribution center is operational again.
Online sales will be unaffected, it added.
“The company is insured against business interruption,” the statement concluded. “The potential impact on revenue and thereby business interruption insurance is being assessed.”
Top: One of Pandora’s signature charms (photo courtesy of Pandora)
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