Malabar Gold & Diamonds Launches Two New Showrooms in the UAE at Mirdif City Centre, Dubai and Al Nahda, Sharjah.
Malabar Gold & Diamonds, currently ranked as the 6th largest jewellery retailer globally with an extensive retail network of over 315 showrooms across 10 countries, inaugurated two new showrooms in the UAE at Mirdif City Centre, Dubai and Al Nahda, Sharjah on the 19th of May.
The showroom at Mirdif City Centre, located on the ground floor, opposite Carrefour, was inaugurated by Malabar Group Chairman, Mr. M P Ahammed, in the presence of Mr. Abdul Salam K.P, Vice Chairman of Malabar Group; Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds; Mr. O Asher, Managing Director – India Operations, Malabar Gold & Diamonds, Mr. Mayankutty C, Senior Director of Malabar Group; Mr. Nishad A K, Group Executive Director, Malabar Group; Mr. Ameer CMC, Director of Finance and Administration, Malabar Gold & Diamonds, other senior management team members, customers and well-wishers.
The largest showroom of Malabar Gold & Diamonds in Sharjah at Al Nahda, next to Prime Medical Centre, was inaugurated by Bollywood actor and Brand Ambassador of Malabar Gold & Diamonds, Mr. Anil Kapoor, in the presence of Mr. M.P Ahammed, Chairman, Malabar Group; Mr. Abdul Salam K.P, Vice Chairman of Malabar Group; Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds; Mr. O Asher, Managing Director – India Operations, Malabar Gold & Diamonds; Mr. Mayankutty C, Senior Director of Malabar Group; Mr. Nishad A K, Group Executive Director, Malabar Group; Mr. Ameer CMC, Director of Finance and Administration, Malabar Gold & Diamonds; Mr. A.K Faisal, Head of Manufacturing, Malabar Gold & Diamonds; other senior Directors, Malabar Gold & Diamonds management team members, customers and well-wishers. The imminent arrival of Anil Kapoor itself was a huge crowd puller for the local population and the inaugural event at Sharjah saw a huge number of spectators gathered to witness the performance of the renowned actor, who entertained and mesmerized the crowd with his enthralling energy.
“Our two new showrooms in Dubai and Sharjah will undoubtedly enhance the jewellery shopping experience of our customers in the UAE. The crowd turnout that we witnessed at the inauguration was beyond our imagination and this is proof of our acceptance amongst the population. As Malabar Gold & Diamonds gears up to extend our reach into new markets as well as strengthen our presence in existing ones, I would like to thank all our loyal customers for their unwavering support over the course of 30 years and for helping us transform into a truly international brand”, commented Malabar Group Chairman, Mr. M.P Ahammed.
The new showrooms will showcase a wide variety of jewellery collections across Malabar Gold & Diamonds’ numerous exclusive brands such as Mine, Era, Viraaz, Ethnix, Divine and Precia. Comprising of traditional jewellery, modern jewellery, daily wear jewellery and much more, the design in Gold, Diamond and Precious gems has been curated from over 20 countries. The showroom at Al Nahda, Sharjah, will be the brand’s largest outlet in the Sharjah emirate, equipped with special amenities to ensure an immersive jewellery shopping experience. Customized jewellery designing facility will offer customers the opportunity to design their own jewellery and bring it to life with the assistance of expert jewellery designers and craftsmen. A luxurious customer lounge area is another highlight of the showroom and ample parking space has also been provided.
Malabar Gold & Diamonds is also in the midst of a massive expansion phase, launching in new markets including the UK, Australia and Canada, as well as strengthening their presence in existing markets of the USA, Malaysia, UAE, KSA, Kuwait and India. The showrooms in the new markets will be launched at Green Street in London, UK; Heartland Town Centre, Mississauga in Canada and Parramatta, Sydney in Australia. The brand will also strengthen its presence in existing markets with new outlets being launched in Artesia, LA and Naperville, Illinois in the US; Ipoh, Little India and Selangor, Ampang Point in Malaysia; Dubai Hills Mall in the UAE; Jeddah Madina Road Lulu Hypermarket and Makkah Lulu Hypermarket in the KSA; and Universal Centre, Jahra in Kuwait.
The new showrooms in India are set to be launched in Mall of Asia and RR Nagar in Bengaluru, Karnataka; Pudukkotai and Mayiladuthurai in Tamil Nadu; Nagpur, Borivali and Akola in Maharashtra; Indore and Jabalpur in Madhya Pradesh; Shivranjini in Ahmedabad, Gujarat; Rohtak in Haryana and Dehradun in Uttarakhand.
Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
With an annual turnover of $5.2 billion, the company currently ranks as the 6th largest jewellery retailer globally and today has a strong retail network of 315 outlets spread across 10 countries in addition to multiple offices, design centres, wholesale units and factories spread across India, Middle East, Far East & USA. The group, owned by more than 4,000 shareholders, has more than 18,500 professionals from over 26 countries working towards its continued success. Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes.
The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.
ESG (Environmental, Social & Governance) has been the primary commitment of the group since its inception. The key ESG focus area of Malabar Group are Health, Housing, Hunger Free World, Education, Environment and Women empowerment. Integrating the principles of responsibility and sustainability into its core business, Malabar Group periodically strengthens its ESG goals to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.