Pandora’s CEO says consumers don’t buy lab growns because they’re “sustainable”. They buy them because they’re cheap. Alexander Lacik told Fortune magazine: “When we talk about product choice, there are only two things that actually drive behavior,” he said. Price and design. “ESG (environmental, social, and corporate governance) is a nice feature and for the […]
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]]>Pandora’s revenues rose 12 percent in the company’s second quarter—but fell 2 percent in dollar terms in the U.S., due to a “challenging” retail environment. That’s an improvement over the first quarterin the United States, when revenues dropped 10 percent. CEO Anders Colding Friis said Pandora has recently introduced a number of new products in the United States, all […]
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