Andrea Felsted, Columnist

Pandora's Box of Unsold Charm Bracelets

The allure of cheap trinkets is wearing thin in China.

May 15, 2018 at 10:03 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Bling.
Photographer: Freya Ingrid Morales

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Chinese consumers can't get enough Louis Vuitton handbags or Hermes scarves. One thing they can live without, it seems, is charm bracelets.

Pandora A/S said on Tuesday that sales growth in China slowed unexpectedly to 16 percent in the first quarter from 62 percent in the final three months of last year.