Pandora Australia has seen a 3% drop in sales for the fourth quarter.
While sales in Asia Pacific grew 13% in local currencies to $1.39 billion Danish crowns (AU$290 million), the Australian slump was attributed to a drop in the number of Chinese tourists.
Group Pandora sales increased by 15% in local currency last year to DKK22.7 billion.
Revenue from Pandora-owned retail grew 46% in local currency.
Revenue from charms was up 8% and revenue from bracelets also increased by this rate.
Combined revenue from rings, earrings and necklaces, and pendants was up 28%. .