Malabar Gold & Diamonds hosts Everyday Diamond Fest’ Filed on June 26, 2021
As part of the ‘Everyday Diamond Fest’, Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 260 outlets spread across 10 countries, has unveiled an affordable and unique range of diamond jewellery suitable for customers of all ages and genders, including first-time diamond buyers. With prices starting from Dh750, ‘Everyday Diamond Fest’ will be held across all stores of Malabar Gold & Diamonds in the UAE, Oman, Qatar, Kuwait, KSA and Singapore.
With this festival, Malabar Gold & Diamonds gives customers the chance to buy from their collections ‘Mine’ ‘Era’ and ‘Precia’. The huge collection ranges from lightweight and daily wear to office wear and party wear. The variety in design ensures that customers can find jewellery that complements their outfit and mood any day of the week.
Malabar Group plans to open new jewellery outlets in India, GCC
DUBAI, 2 days ago Malabar Gold & Diamonds, one of the largest jewellery retail chains, will open 56 stores in FY 2021-22 at an estimated investment of $220 million, generating 1,750 new jobs. Of this 40 will be launched in India and 16 overseas, in key markets including Oman, Qatar, Bahrain and the UAE in addition to Singapore and Malaysia as part of its regional expansion strategy. Shops will open in Little India in Singapore, Kuala Lumpur and Penang in Malaysia, Ruwi, Baushar and Al Khoudh in Oman, Jeryan Jenaihat and Rawdat in Qatar, Bab al Bahrain in Bahrain and in the UAE in Al Zahia and Muweilah in Sharjah, and Silicon Oasis and Dubai Gold Souk Dubai, said the statement from Malabar Gold & Diamonds.
Malabar Gold & Diamonds on expansion, scheduled to open 56 stores
Malabar Gold & Diamonds, one of the largest gold and diamond retail chains, will open 56 stores in FY 2021-22 - 40 in India and 16 overseas, at an estimated investment of USD 220 Million, generating 1,750 new jobs.
In India, the expansion will span Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, West Bengal, Uttar Pradesh, Odisha and Kerala, and globally, new outlets will open in Singapore, Malaysia, Oman, Qatar, Bahrain and the UAE.
In India 12 new stores are slated to open in Q1 of the fiscal in Chennai, Lucknow, Hyderabad, Mumbai, Pune and Bengaluru, and in small towns like Eluru, Mancherial, Solapur and Ahmednagar. Globally, new shops will open in Little India in Singapore, Kuala Lumpur and Penang in Malaysia, Ruwi, Baushar and Al Khoudh in Oman, Jeryan Jenaihat and Rawdat in Qatar, Bab al Bahrain in Bahrain and in the UAE in Al Zahia and Muweilah in Sharjah, and Silicon Oasis and Dubai Gol
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