Pandora Australia’s David Allen has announced that he will leave the company, ending a 12-year tenure with the world’s largest mass-market jewellery brand.
Allen has a long and storied connection with Pandora, joining the company in 2011.
In 2012, when then-president Karin Adock announced her resignation, Allen – then vice president of sales – was named her successor.
He led the Australian division of the company until 2015 when he relocated to Pandora’s global headquarters in Denmark to oversee Europe, Middle East and Africa operations.
As part of a global restructuring in 2020, Allen was named the managing director of the Pacific regional division – a position he has held until now.
Allen announced his departure on Linkedin, reflecting on the lessons learned during his time with the world’s largest mass-market jewellery brand.
“From the very first day that I joined Pandora, I knew that there was something very special about this amazing brand – and I still believe it today more than ever,” he said.
“Anyone can command positional authority, it is those that can command personal authority that are great, where people listen, respect, follow, cooperate, and take decisions based on who they are rather than the position or titles they have.”
He added: “You need both people who are the right fit and have the right capabilities, as there is no choice to be made here. It is amazing just how much more time you have to think about your business when you are surrounded by the right people.”
When Allen joined the company, Pandora was sold in approximately 65 countries and employed 5,300 people worldwide. The company operated 700 concept stores.
Today, Pandora is available in more than 100 countries and employs 32,000 people. The company operates 2,500 concept stores.
Pandora recently published its second-quarter financial report, detailing a five per cent increase in sales between April and June worldwide.
Pandora has raised its expected organic sales outlook to an increase of between two and five per cent, which was previously forecast at between two and three per cent.
Sales decreased by five per cent in Australia specifically, with the report attributing this decline to weak consumer demand.
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