Malabar Gold & Diamonds forays into Europe; Launches 320th showroom in London, UK
Malabar Gold & Diamonds, the world’s 6th largest jewellery retailer, has launched their new showroom in the UK at East shopping Centre, London. This marks the global jewellery brand’s expansion into its 11th country of operation and its foray into Europe. Malabar Gold & Diamonds currently has an extensive retail presence of 320 showrooms in India, the Middle East, the Far East, the USA & the UK.
The showroom was inaugurated by Ms. Lyn Brown, Member of Parliament for West Ham and Shadow Minister for Foreign, Commonwealth and Development affairs, in the presence of Mr. Abdul Salam K P, Vice Chairman of Malabar Group, Mr. Shamlal Ahamed, International Operations Managing Director of Malabar Gold & Diamonds, other senior Malabar Gold & Diamonds management team members and well-wishers.
“We are proud to launch our first showroom in Europe at London. Our commitment to providing a remarkable jewellery shopping experience with high-quality products and outstanding service has propelled us to become the premier Indian international jewellery retailer. As we celebrate our 30th anniversary, we are one step closer to our dream of becoming the world’s largest jewellery retailer. We thank our customers, shareholders, team members, and associates for their invaluable support over the years”, commented Mr. M.P Ahammed, Chairman of Malabar Group.
The new showroom will house a wide collection of gold, diamond and precious gem jewellery suited for all occasions and an extensive bridal jewellery collection. Malabar Gold & Diamonds is also renowned globally for their customer-first and transparent policies, termed the ‘Malabar Promise’, which includes 10 promises such as transparent price tags and internationally certified diamonds.
“The new showroom is a significant milestone for our brand and will act as the foundation for our growth aspirations in the European continent. Over the years, we’ve served customers in the UK and Europe through our stores in India and the Middle East. Now, due to customer demand, we’re expanding our presence into Europe, to create a unique jewellery shopping experience in London”, commented Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds.
“Embodying the motto of ‘Make in India; Market to the world’, we promote and sell Indian jewellery globally. Our entry into the United Kingdom is a major stride in this direction, showcasing jewellery that is an intersection of Indian art, culture, and tradition to a global audience. Our ambitious plan for the future involves strengthening our retail presence in existing markets, as well as expansion into new markets such as Australia, Canada, South Africa, Egypt, Bangladesh, Turkey and New Zealand,”, commented Mr. Abdul Salam K.P, Vice-Chairman of Malabar Group.
Incorporating sustainability & responsibility into its operations, Malabar Gold & Diamonds upholds ESG (Environmental, Social & Governance) as a primary commitment and sets aside 5% of net profits in every region of operation towards ESG initiatives.
