Plans to Launch 20 New Showrooms Worldwide in October
PUNE: Malabar Gold & Diamonds, one of the world’s largest jewelry groups, has opened its US flagship showroom in Los Angeles, marking a significant milestone in its growth within North America. This new showroom is the largest and fifth location for Malabar Gold & Diamonds in the USA.
California Congresswoman Michelle Steele led the inauguration ceremony, which included Malabar Group Chairman MP Ahammed, Vice Chairman KP Abdul Salam, International Operations Managing Director Shamlal Ahamed, North America Regional Head Joseph Eapan, and other senior management.
Spanning 6,500 square feet in Artesia City, the showroom boasts over 30,000 jewellery designs from 20 countries and features around 25 exclusive brands. Customers can also personalize their jewelry selections. To celebrate the opening, all customers will receive guaranteed Gold Coins with the purchase of Diamond and Precious Gem Jewellery, an offer valid until November 3rd.
Commenting on the occasion, MP Ahammed, Chairman, of Malabar Group, said, “Our flagship showroom in Los Angeles highlights our dedication to providing an unparalleled jewellery shopping experience. This location is particularly significant for us, as North America is vital to our growth strategy. We are excited to announce our plans to open 20 new showrooms globally this October, and we are grateful for the support that has helped us pursue our goal of becoming the world’s leading jeweler.”
The sixth Malabar Gold & Diamonds showroom in the US will soon open in Atlanta, Georgia. The company has ambitious expansion plans, targeting cities such as San Francisco, Seattle, Austin, Tampa, Virginia, Detroit, Houston, Charlotte, Phoenix, New York, and San Diego. In Canada, the brand will extend its presence into British Columbia and Alberta. Of the 20 new showrooms set to launch in October, seven are already operational, with 13 more to follow in the USA, UAE, Qatar, Saudi Arabia, and India. Currently, Malabar Gold & Diamonds operates more than 360 showrooms across 13 countries, dedicating 5% of its profits to various social responsibility projects.
