Jewelers Say Pandora Still Charms



Although Pandora announced in August that worldwide charm sales had plunged, many ­jewelers say they haven’t seen any declines.“Sales have been good for us,” says William Sites, owner of Sites Jewelers in Nashville, Tenn. “We get new customers in all the time. It is still a big traffic driver.”Miguel Gonzalez, owner of Miami Lakes Jewelers in Miami Lakes, Fla., says his Pandora sales are up 100 percent over last year. “Even during the worst months, we’re so far ahead of last year with Pandora, it’s not even funny.”Michael Barnes, CEO of Signet Jewelers, told analysts during an Aug. 25 conference call that Pandora “continues to be a very strong business for us at Jared,” scoring double-digit comps.However, Robert Smith, owner of E.M. Smith Jewelers in Chillicothe, Ohio, says while Pandora is still his No. 1 brand, he has noticed a drop. “Pandora sales have been do
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