February 6, 2017 / 7:59 AM / 8 months ago

BRIEF-Pandora takes over African distribution

Feb 6 (Reuters) - Danish jewellery maker Pandora :

* Says has made an agreement with Scandinavian brand house (SBH) to acquire its Pandora store network in South Africa, Mauritius, Namibia, Zambia, Zimbabwe and Réunion on July 3

* Says will pay a total amount of 16 million euro ($17.20 million) to SBH

* Says will also take over distribution to 19 franchisee concept stores in region, as well as a number of multibranded stores Source text for Eikon: Further company coverage: ($1 = 0.9300 euros) (Copenhagen newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below