A fire broke out at Pandora’s European distribution center, located in Hamburg, Germany.
In an Oct. 31 press release the company said the blaze had been extinguished and that “access to the premises is possible.” No injuries were reported.
The Copenhagen-based company stated: “The jewellery inventory is intact, and we expect distribution will be back to normal in a few weeks. In the meantime stock for Pandora stores in Europe will to the furthest possible extent be fulfilled by our Thailand distribution centre to ensure business continuity. Online sales continue unaffected through external distribution partners.
“The initial assessment is that Pandora stores in Europe hold inventory to sustain sales until the European distribution centre is expected to be operational again.”
Pandora stated that it is insured against business interruption.
“The potential impact on revenue and thereby business interruption insurance is being assessed,” the company noted.
Pandora jewelry is sold in more than 100 countries through 6,400 points of sale, including more than 2,400 concept stores.