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Malabar Gold & Diamonds retail jewellery expands with strategic plans in UK while also exploring new markets overseas and other key cities globally.
A globally well-known jewellery retailer, Malabar Gold & Diamonds, has opened and inaugrated a new showroom at Leicester, England. This expansion which spans more than 2,000 sq. ft. on Belgrave Road's Golden Mile marks a significant step in the company’s growing strategy.
Founded and known for the values of transparency, honesty, and customer satisfaction, Malabar Gold & Diamonds currently runs 350 showrooms across 13 countries, positioning it as the world’s sixth-largest jewelry retailer. The brand’s chairman, M. P. Ahammed, was proud of its quick growth and immediate success at the inauguration and put it down to customer trust.
Ahammed in delight expressed, "We began our journey in the UK a year ago with our first showroom in London, and the launch of our Leicester showroom underscores the appreciation for our craftsmanship and customer-centric services."
Shamlal Ahamed, MD-International Operations at Malabar Gold & Diamonds, stressed the vibrant Indian sub-continent community in the UK as a motivator for growth. Future openings are planned in key UK cities such as Southall, Wembley, Birmingham, and Manchester, increasing accessibility for jewellery enthusiasts.
Looking the nearby future, Malabar Gold & Diamonds plans to strengthen its retail presence in Europe while also entering into new markets like South Africa, Turkey, Egypt, Bangladesh, and New Zealand. This strategic expansion for development supports the brand's objective to globally lead in jewellery retailing.
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