Malabar Gold & Diamonds launches 350th global showroom at Naperville, Illinois
The new showroom was opened by H.E. Somnath Ghosh, Consul General of India in Chicago in the presence of Mr. Shamlal Ahmed, General Manager International Operations, Malabar Gold and Diamonds, Mr. Rakesh Patel of the Patel Brothers, and Mr. Joseph Eben, Head of North American Operations, Malabar Gold and Diamonds. Diamonds, community leaders, representatives of government and other authorities, members of the management team of Malabar Gold and Diamonds, customers and well-wishers. “The launch of Malabar Gold and Diamonds’ 350th global showroom in the USA is a proud occasion for us as it signifies the growing footprint of our brand in the international jewelery arena.
Located in Naperville, this showroom will undoubtedly offer the best we have to offer in terms of jewelry and expertise. Our unwavering commitment to providing every customer with complete transparency and an exceptional jewelry shopping experience has led us to become one of the most preferred jewelry retailers in the USA and all other regions in which we operate. On behalf of the Malabar Group, I would like to express my sincere gratitude to all our customers, members of the management team, shareholders and other stakeholders for their contributions in making this a truly significant occasion,” commented Malabar Group Chairman, MP Ahmed. The new store is located at Patel Plaza in Naperville and is spread over an area of over The 6,400 sq ft store features over 30,000 designs across 25 exclusive brands and a range of gold, diamond and precious jewellery. The new store will also showcase a wide range of bridal jewellery, along with a wide range of options for casual wear, daily wear and office wear Malabar Gold & Diamonds in Chicago, New Jersey and Dallas “The USA is one of the largest jewelry markets in the world in terms of purchasing power and population, and I am very excited to launch our fourth showroom in the country. Having a large segment of the Indian community in the Indian subcontinent in the USA represents an opportunity for us to expand our offerings to a consumer base who truly appreciates the art of Indian jewellery.
Our future initiatives in North America include expansion into Los Angeles, Atlanta, San Francisco, Seattle, Austin, Tampa, and Virginia in the USA and in Canada, we have plans covering British Columbia and Alberta. Operations, Malabar Gold and Diamonds. Offering an exclusive jewelry shopping experience to a large number of jewelry lovers in Illinois, the new showroom is equipped with a dedicated jewelry design facility, offering customers the option to design their own jewelry with the help of Malabar Gold and Diamonds’ expert designers and craftsmen. .
Mr. Abdul Salam K.P., Vice Chairman, Malabar Group commented, “With 5 showrooms in the region, the success of Malabar Gold & Diamonds in North America speaks volumes about the growing demand for Indian-made jewelery in the Western Hemisphere. In line with its slogan” ‘Made in India’; ‘Marketing to the World’ The heights our brand has reached in the international jewelery arena are perfectly summed up by Malabar Gold & Diamonds being the highest rated Indian jewelery retailer in the Global Powers of Luxury Goods 2023 report published recently by Deloitte. To promote the famous authentic Indian handicrafts on a global scale, Malabar Gold and Diamonds has embarked on an ambitious expansion plan, which includes strengthening its retail presence in existing regions by launching more showrooms, in addition to planning its expansion into new countries such as South Africa, Egypt and Bangladesh. Turkey and New Zealand.
“While Malabar Gold and Diamonds is making great strides in the international jewelery sector, our operations in India, which remains our largest market, are moving forward with the same momentum. Our prestigious position in the Indian jewelery market is expected to be further strengthened with our planned expansion within the states Existing operations as well in states like Uttarakhand, Jharkhand, Goa, Assam, Tripura and Jammu & Kashmir India operations, Malabar Gold & Diamonds is globally renowned for offering unparalleled jewelery purchasing experience with convenience and customer friendly policies along with the “Malabar Promise” of unmatched quality and service assurance. Apart from this, the Malabar Promise also includes transparent pricing, guaranteed lifetime maintenance from any of the showrooms in 13 countries, guaranteed buyback, tested and certified diamonds, 100% diamond and gold jewelery exchange value, 916 premium jewellery, and responsible sourcing. and fair pricing policy and fair labor practices.
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