Answer:
It cannot, but, in the movie, Pink Panther, it displays a cartoon panther that is colored pink.
The Pink Panther refers to a diamond with a pinkish hue that the Phantom tries to steal. If you hold the diamond up to the light it reveals a flaw that looks like a "Pink Panther." The cartoon Pink Panther was created for the opening credits and the name stuck with the series.
Some rare panthers suffering from albinism are occasionally referred to as pink.
The SAS use a heavily armed Land Rover painted pink for desert warfare. These are called pink panthers.