Malabar Gold opens Makkah outlet this week

Malabar Gold and Diamonds, the prominent jewelry group, strengthens its presence in Saudi Arabia by unveiling its most awaited showroom at Makkah, on Aug. 6. Launching an outlet in the holy city with a unique history and cultural diversity is yet another important milestone for the group. This will be the group’s 70th outlet worldwide and fifth in Saudi Arabia Malabar Gold and Diamonds is witnessing a remarkable growth in the Saudi jewelry industry since its arrival in the region. Opening of the new retail jewelry outlet in Makkah, one of the fastest growing and prosperous cities in the world, will add tremendous value to the group’s growing presence in Saudi Arabia and further strengthen its portfolio. Conveniently located opposite King Fahd Gate of the Grand Mosque, this new venture is the latest step taken by the group in building leadership in the most promising emerging markets. Over the past two decades, Malabar Gold and Diamonds has built an international reputation as a premium jewelry chain and a unique source of gifts for the celebrated occasions of life. Access to breathtaking collections and an unwavering commitment to superior quality of craftsmanship distinguish their elegant and stylish collections. Their new showroom will also showcase an enviable array of classic designs with distinguished quality and unparalleled level of service that give them an edge in the global market. The branded jewelry segment of the group, Era - uncut diamond jewelry; Mine - diamonds unlimited; Divine - Indian heritage jewelry; Precia - precious stone jewelry and Starlet - kids jewelry also offer the same promise of quality, design and value, which provide them a great platform for gaining the international marketshare. Malabar Gold and Diamonds continues its distinction as a leading jewelry retailer with an impressive outlook ahead and intends to open more outlets, with the aim of entering into the Far East and European markets in the near future. The group is also planning to increase its store presence significantly by raising the retail network to 220 outlets by the end of 2015. As a part of the group’s expansion strategies, it is planning to come up with more showrooms at Batha in Riyadh, Madinah, Jubail, Hassa and Jeddah and a manufacturing unit at Alkhobar shortly. These will be in addition to the already existing showrooms in Alkhobar, Riyadh, Dammam and Jeddah. The group has undergone a huge transformation early this year as a part of their rebranding process. This makeover is firmly rooted in the longstanding promise — commitment to total customer satisfaction, the one traditional value that they are never going to give up. This remains at the core of all new initiatives and modernization that is taking place as well as the global expansion that is on the anvil. In a sense, the makeover is a perfect mix of old values and new trends. At Malabar Gold and Diamonds, experienced and dedicated staff have a wealth of experience in the jewelry trade and are dedicated in assisting their customers on a one-to-one basis, helping them choose the perfect pieces from their wide collection of exquisite fine jewelry. Their customer-friendly buy-back and exchange policies give the customers enough reasons to keep coming back to their store. Jewelry bought from Malabar Gold can be exchanged at any of their outlets without any loss-making charge or gold rate within 15 days of purchase. Old ornaments can be exchanged with new ones without any deduction in gold rate by paying only making charge. They also offer lifetime free maintenance and service for all their products. From arabnews