The commissioning of four additional showrooms has helped Malabar Gold & Diamonds increase its retail footprint in the Indian market.
The expansion is part of the brand’s year-long celebrations of its 30th anniversary. With the opening of these new stores, Malabar Gold now has 21 showrooms in Tamil Nadu, 16 in Andhra Pradesh and 5 in Gujarat.
Commenting on the expansion, M P Ahammed, chairman of Malabar Group in a statement said, “As Malabar Gold & Diamonds steps into its 30th year, I am extremely proud of the fact that as a brand, we have stuck to our core mission of providing our customers across the world with a phenomenal jewellery shopping experience.”
“The new showrooms in Gujarat, Andhra Pradesh and Tamil Nadu will offers our customers an impeccable array of designs, which are suited for any jewellery preferences across the board. Malabar Gold & Diamonds have achieved an incredible milestone and with every new showroom launch, we are on track to achieve our goal of becoming the largest jewellery retailer in the world.”
Malabar Gold currently has a network of over 310 outlets across 10 countries and claims to be the 6th largest jewellery retailer in the world.