Dubai PR Network, Online Press Release from Dubai and Middle East
 
Beauty and Cosmetics(Lifestyle)
Filter PR by
  

Malabar Gold & Diamonds Launches its 350th Global Showroom at Naperville, Illinois in the USA

 
Malabar Gold & Diamonds Launches its 350th Global Showroom at Naperville, Illinois in the USA

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with an annual turnover of USD 6.2 billion and retail presence of 350 showrooms across 13 countries, has just unveiled its 4th showroom in the USA at Naperville, Illinois. This brings the global jewellery brand’s showroom count globally to 350, with 5 showrooms in North America. Malabar Gold & Diamonds currently has an extensive retail presence across the USA, Canada, the UK, Australia, India, UAE, Qatar, Oman, Bahrain, Kuwait, KSA, Malaysia & Singapore. 
The new showroom was inaugurated by HE. Somnath Ghosh, Consul General of India in Chicago in the presence of Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds, Mr. Rakesh Patel of Patel brothers, Mr. Joseph Eapen, President of North America operations of Malabar Gold & Diamonds, community leaders, representatives from government and other authorities, management team members from Malabar Gold & Diamonds, customers and well-wishers. 

“The launch of Malabar Gold & Diamonds’ 350th Global showroom in the USA is a proud occasion for us as it signifies the growing footprint of our brand in the international jewellery arena. Located in the city of Naperville, this showroom will undoubtedly bring the best of what we have to offer in terms of both jewellery & experience. Our unwavering commitment to offering every customer complete transparency and an exceptional jewellery shopping experience has propelled us to being one of the most preferred jewellery retailers in the USA and all the other regions in which we operate. On behalf of Malabar Group, I would like to convey my sincere gratitude to all our customers, management team members, shareholders and other stakeholders for their contributions in making this occasion truly significant.”, commented the Chairman of Malabar Group, M.P Ahammed. 
Located at Patel Plaza in Naperville and spread across 6,400+ sq. ft, the new outlet houses over 30,000 designs across 25 exclusive brands and collections in gold, diamond & precious gem jewellery. The new store will also showcase an extensive collection of bridal jewellery, alongside a wide range of options for occasional wear, daily wear & office wear. The other 3 showrooms of Malabar Gold & Diamonds are in Chicago, New Jersey & Dallas. 
“The USA is one of the largest jewellery markets in the world in terms of both buying power and population, and I am very excited to launch our 4th showroom in the country. The large segment of the Indian subcontinental diaspora in the USA is an opportunity for us to expand our offerings to a base of consumers who truly appreciate the artistry of Indian jewellery. Our future initiatives in North America include expansion into Los Angeles, Atlanta, San Francisco, Seattle, Austin, Tampa & Virginia in the USA and in Canada, we have plans covering British Columbia & Alberta”, commented Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds. 
Offering an exclusive jewellery shopping experience to the plethora of jewellery lovers in Illinois, the new showroom is equipped with a customized jewellery designing facility, presenting customers with the option to design their own jewellery with the assistance of Malabar Gold & Diamonds’ expert designers and craftsmen. 
Mr. Abdul Salam K.P, Vice Chairman of Malabar Group, commented: “With 5 showrooms in the region, Malabar Gold & Diamonds’ success in North America speaks volumes about the growing demand for Indian-made jewellery in the western hemisphere. Aligning with the motto of ‘Make in India; Market to the world’, the heights to which our brand has grown in the international jewellery arena is perfectly encapsulated by Malabar Gold & Diamonds being the highest-ranked Indian jewellery retailer in the Global Powers of Luxury Goods 2023 report published by Deloitte recently”. 
In pursuit of promoting India's renowned indigenous craftsmanship on a global scale, Malabar Gold & Diamonds has embarked on an ambitious expansion plan, which involves strengthening their retail presence in existing regions with more showroom launches, as well as charting their expansion into new countries such as South Africa, Egypt, Bangladesh, Turkey and New Zealand. 
“While Malabar Gold & Diamonds is making great strides in the international jewellery sector, our operations in India, which remains our biggest market, is going forward with equal momentum. Our prestigious position in the Indian jewellery market is poised to be strengthened further by our planned expansion within existing states of operation as well as into states such as Uttarakhand, Jharkhand, Goa, Assam, Tripura, and Jammu & Kashmir”, commented Mr. Asher O, India Operations, Malabar Gold & Diamonds. 
Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience and customer-friendly policies along with the ‘Malabar Promise’ of incomparable quality and service assurance. Apart from this, the Malabar Promise also includes transparent pricing, assured lifetime maintenance from any of the showrooms across 13 countries, guaranteed buyback, tested and certified diamonds, 100% value on diamond and gold jewellery exchange, 916 hallmarked jewellery, responsible sourcing, fair price policy, and fair labour practices.
ESG (Environmental, Social & Governance) initiative has been the primary commitment of Malabar Group since its inception in 1993, with 5% of net profits set aside towards such initiatives in each country of operations. The key focus is in the areas of Health, Hunger Free World, Housing, Education, Women Empowerment & Environment. The ESG goals of the organization are periodically strengthened to remain a socially conscious and responsible organization.  

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 20279 times
PR Category : Lifestyle
Posted on : Monday, April 29, 2024  2:23:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Slay the sun-kissed girl makeup look: Your Ultimate Guide
Next Story : Icons shine with OMEGA in Milan
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Catrice Unveils the Spring/Summer 2024 Collection: Introducing Shine Bomb Lip Lacquer! [37605-Views]
Unleash Your Inner Royalty with “Call me Queen” Dramatic False Lash Effect Mascara by esse... [36506-Views]
POCO Sets New Standard with Global Launch of F-Series in Dubai [32074-Views]
WFP News Video: WFP Warns Unprecedented Drought and Floods Causing Surge in Climate Relate... [30520-Views]
Pogačar takes second victory in a row at Giro D'Italia [26121-Views]
Pogačar second on Giro climb of Passo del Brocon [23407-Views]
Porsche Becomes Third Major Manufacturer To Commit To Formula E's Gen4 Era Until At Least ... [22042-Views]
Pogačar triumphs on Queen stage of Giro D'Italia [21443-Views]
Beauty Meets Technology: CHATEAU BERGER Cosmetiques Unveils its Cutting-Edge Skincare Line... [10820-Views]
Rick and Morty x SHEGLAM: Jump into an Interdimensional Makeup Adventure [10463-Views]
Alpen Capital Report highlights investment opportunities amid strengthening investment tie... [7950-Views]
Eid Al-Adha at Bawabat Al Sharq Mall: Mark Your Calendars for Great Family Fun & Big Wins... [7806-Views]
TCL Middle East & Africa showcases their latest line-up of products in Istanbul [7597-Views]
Danube Properties hands over project Pearlz six months ahead of schedule [7421-Views]
AW Rostamani Group Drives Sustainable Mobility at Electric Vehicle Innovation Summit With ... [7392-Views]
Cartier Spring-Summer 2024 Trinity Eyewear Limited Edition [7351-Views]
AIDA-2024 discusses the uses of AI in medicine and cosmetic surgery [7261-Views]
Opening Soon: Union Coop Announces Completion of Silicon Oasis Center [6966-Views]
Qatar Executive Welcomes the World's First Gulfstream G700 Aircraft to Doha [6814-Views]
Largest ever edition of the International Exhibition for National Security & Resilience ge... [6810-Views]
Fenton x Gemfields launch emerald-themed capsule collection with a conscience [6712-Views]
Air Chateau – a promising 360° helicopter operation, gearing to redefine the mobility spac... [6621-Views]
Contemporary Indian Tapas, Cocktails, and Shisha Lounge Indi 16 Now Open at Citymax Busine... [6580-Views]
EDGE Group and Fincantieri Formalise Shipbuilding Joint Venture, MAESTRAL, and Announce 40... [6355-Views]
Day one of International Exhibition for National Security & Resilience (ISNR) Abu Dhabi 20... [6293-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories