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In Q2 Results, Pandora Talks Tariffs, Q4 Plans The company had a solid second quarter, with sales of non-charm jewelry outpacing sales of pieces in its core collections.
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Manage your fears
In this business downturn, fear could be running rampant through organizations—yours included. But keep in mind that just because you read about the economic crisis in the newspaper or hear about it on TV, that fear might be unfounded. Nevertheless,...
In this business downturn, fear could be running rampant through organizations—yours included.
But keep in mind that just because you read about the economic crisis in the newspaper or hear about it on TV, that fear might be unfounded.
Nevertheless, don't show your fears to your employees. It sends the wrong message and can cause your employees to lose faith. Instead, manage your fears by finding an outlet for releasing them.
Exercise and healthy eating are always good: The fitter you are, the stronger your emotional well-being. Some find hope in their faith, which can powerfully release fear. Others find it in helping others; for example, by coaching a Little League team or by teaching at an adult education center. Finally, watch a favorite comedian: Laughing out loud can help chase the demons away.
Once the recovery starts, you, and your company, will be stronger and healthier.
Jan Brassem is founder of Eclipse Global Consulting, LLC, a firm that assists jewelry retailers who are expanding into foreign markets and/or sourcing globally. You can e-mail him at Jan@EclipseConsulting.com.
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