Malabar Gold & Diamonds, one of the largest jewelry retailers in the world, launched a brand new showroom in Lulu Hypermarket, located at Qusais in Dubai, on 21 June 2014. This is the jewelry retailer’s second showroom in the Lulu Hypermarket’s Qusais branch and their eighteenth outlet in the UAE.
The showroom was inaugurated by Dr. Mohammed Nasser Abdulrazaq Al Razzooqi, Brigadier of Gen. Dept. of Criminal Investigation, Dubai, in the presence of Dr. P.A Ibrahim Haji, Co Chairman – Malabar Group, Mr. Shamlal Ahamed M.P., Managing Director – International Operations, Mr. K.P. Abdul Salam - Group Executive Director, other Directors, media personalities and well-wishers of Malabar Gold & Diamonds.
To make this occasion extra special, the company unveiled a rare and exclusive collection of gold and diamond jewelry from around the world. The outlet, which will complement their existing showroom in Lulu Hypermarket, Qusais, showcases a breathtaking collection of jewelry in stylish and classy designs with special focus on diamonds to suit the specific budget of every customer. Their wide range of mesmerizing collections will enable them to expand their brand reach to the highly fashionable and traditional jewelry customers in Dubai.
The astounding creation of Malabar Gold & Diamonds’ branded jewelry segment: Mine-Diamonds Unlimited, Era-Uncut Diamond Jewelry, Ethnix- Hand Crafted Designer Jewelry, Divine- Indian Heritage Jewelry, Precia- Precious Gem Jewelry, and Starlet- Kids Jewelry, will be available in the showroom.
Like all their other outlets in GCC, this showroom will also take part in their unique ‘Sparkling Summer’ promotion, where customers get a chance to win gift vouchers worth a total of AED 2 Million. For every AED 2,000 spent on gold and diamond jewelry, the customer is entitled to get a scratch and win coupon for diamond gift vouchers. Zero Deduction exchange facility is also available where any 22ct gold ornament can be exchanged with Malabar Gold & Diamonds designs by paying only makingcharges, thus ensuring they do not lose any value on the gold rate. These offers are valid until 6 July, 2014.
Malabar Gold & Diamonds started its international operations in the year 2008 with the opening of their outlet in Sharjah. Due to the exponential growth of its customers in UAE, the company is on track to come up with 11 more showrooms in UAE this year. The showrooms in Fujairah, Lulu Village-Dubai and Al Barsha-Dubai will be opened in the next three months.
Malabar Gold & Diamonds has a strong retail network of 116 outlets spread across eight countries. The group operates 40 stores in the GCC and 2 in Singapore. Recognizing the potential for expansion in GCC, the jewelry chain is all set to add more showrooms in the region. Also, apart from the rapid expansion of Malabar Gold and Diamonds in the Middle East market, the group is looking for expanding into Far East markets such as Indonesia and Malaysia in the near future.