• Home
• /
• Local business

Malabar Gold expands to shopping malls

DUBAI - Malabar Gold & Diamonds, the leading jewellery group with over 70 retail outlets worldwide, including 25 in the GCC, is now expanding its network to major shopping malls in the region.

They are currently negotiating with major shopping malls in the GCC. The preferred jewellery of diverse nationalities, especially among the sub-continental customers, offers their existing range of 22K gold jewellery on the same value as offered in high-street shops. In order to appeal other nationalities from residents and visitors who normally shop at malls, Malabar Gold & Diamonds adds more varieties in their gold and diamond collection.

As there is a common belief among customers that 22K gold jewellery is more expensive in the shopping malls, they prefer to shop it in the high streets or gold souks. Malabar Gold & Diamonds wants to break this concept offering their value for money concept in shopping malls. Malabar Gold & Diamonds also operates nine wholesale units and factories spread across India and the Middle East. The jewellery chain is planning to raise its retail network to 220 outlets by 2015. They are also set to roll out operations into Singapore, China, Malaysia and Indonesia, as well as in European like the UK, and US in the near future.