DiamondBuzz
Pandora Names Nicole Clayton as New General Manager for British Isles Region
Pandora has announced the appointment of Nicole Clayton as the new General Manager for its British Isles region. She will be taking over from Sonia Lopez Delgado, who previously held the position. Clayton, who brings a wealth of experience from her work with internationally recognized consumer goods and fashion brands, is set to take on this important role starting April 1.
Clayton’s career includes significant leadership roles in the global business world. Prior to joining Pandora, she served as the Global Chief Digital Officer for Nestlé-Nespresso in Switzerland. In this capacity, she was responsible for driving digital transformation strategies across the global Nespresso brand. Her experience also includes serving as the Chief Executive Officer of the Americas for G-Star, a renowned fashion denim brand, where she was instrumental in overseeing operations and growing the brand’s market presence. Additionally, she held the position of Global Vice President at Caleres, a major American footwear company, where she led teams and developed strategies for global growth.
In a statement regarding Clayton’s appointment, Massimo Basei, Pandora’s Chief Commercial Officer, emphasized the depth of her expertise, particularly in leadership, team development, and driving transformative change. Basei highlighted that Clayton’s extensive background in leading consumer brands makes her an ideal fit for Pandora, and he expressed confidence that she would bring fresh energy and valuable insights to the company. These qualities, according to Basei, will be essential as Pandora continues its efforts to increase the desirability of its brand and pursue growth across markets.
Clayton’s appointment is seen as a significant move by Pandora as the company aims to strengthen its presence in the British Isles, and her leadership is expected to make a positive impact as she takes the helm of the region’s operations in just a few weeks.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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