Malabar Gold and Diamonds, a leading gold jewellery retailer has expanded its retail presence with the addition of four new stores to take its global count to 333.
The company opened four showrooms on the same day at Rajouri Garden in Delhi, Ambala in Haryana, Bhavnagar in Gujarat, and Jabalpur in Madhya Pradesh.
Malabar Gold plans to take its store count to 365 by opening new stores in domestic and international markets before the end of the current financial year.
Commenting on the expansion, M P Ahammed, chairman of Malabar Group in a statement said, “It’s a matter of pride and joy for us to have increased the global showroom count to 333. Our design versatility which perfectly meets the evolving customer sensibilities and commitment to offering quality, transparency, and top-class customer services make us the favourite jeweller among jewellery buyers in India and beyond.”
“As a part of our 30th anniversary, we are expanding our presence further to reach out to more and more customers. We are grateful to our valuable customers, investors, and our employees for their continued support and encouragement,” he added.
Malabar Gold & Diamonds claims to currently rank as the 6th largest jewellery retailer globally with a retail network of 333 outlets spread across 11 countries. The company is in the process of opening showrooms in Europe, Canada, Australia, and Bangladesh.
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