Pandora is in the process of moving its current North American headquarters to downtown Baltimore and has not decided whether it will stay in the region, the Copenhagen-based jewelry and jewelry maker has said.
Baltimore Business Journal reported last week that Pandora had sublet its five-story headquarters. The address became known as the “Pandora Building” because the company’s brand logo is on the top.
In an emailed statement, Detria Courtalis, interim CEO of Pandora North America, said JCK that employees have “started returning” to his office in downtown Pratt Street, after spending a year working remotely due to the COVID-19 pandemic.
However, she adds, âour team continues to explore a possible building relocation. Now is the right time for us to reinvent our office space and our culture in the United States, as well as to envision new ways of working.
When asked if the company could move out of the Baltimore area, a spokesperson replied, “No decision has been made at this time as we manage these new ways of working.”
Baltimore Business Journal wrote that if Pandora’s 2015 move from Columbia, Md. was seen as a “blow to downtown” Baltimore, her possible departure six years later “could leave another void totaling nearly 90,000. square feet in the downtown landscape â, at a time when the city’s vacancy rate is hovering around 24%.
In June, Pandora appointed Luciano Rodembusch, the former senior vice president of the Americas at Tiffany & Co., as general manager of the jewelry maker’s North American cluster, succeeding Sid Keswani. Rodembusch will begin his new role on August 1.
Last year, Pandora’s Baltimore headquarters cut jobs following a reorganization, although a spokesperson said some jobs would also be added.
The United States remains the company’s largest market.
Top: A rendering of Pandora’s siege in Baltimore (image courtesy of Pandora)
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