Malabar Gold & Diamonds Unveils Second UK Showroom in Leicester

Malabar Gold & Diamonds, a leading global jewellery retailer, has strengthened its foothold in the UK with the opening of its second showroom in Leicester

Post By : IJ News Service On 05 July 2024 1:46 PM

Malabar Gold & Diamonds, ranked as the 6th largest jewellery retailer globally with a strong presence across 13 countries through 350 showrooms, has bolstered its footprint in the UK with the opening of its second showroom in Leicester. The inauguration ceremony was graced by Peter Soulsby, the City Mayor of Leicester, alongside Shamlal Ahamed, Managing Director of International Operations at Malabar Gold & Diamonds, Mohammed Ziad, Head of Operations for the UK & Europe, Santhosh T, Regional Head, Naufal Thadathil, Zonal Head, along with other senior management members, customers, and well-wishers.

Situated on Belgrave Road's renowned Golden Mile, the new showroom spans an expansive 2,000 square feet. It showcases a diverse collection of over 20,000 jewelry designs sourced from 20 different countries. The collection caters to a wide spectrum of tastes and occasions, including bridal wear, occasional jewelry, daily wear, and office wear, crafted in gold, diamonds, and precious gemstones.

Malabar Gold & Diamonds is actively pursuing an ambitious expansion strategy aimed at enhancing its retail presence in existing markets through new showroom launches. Additionally, the company is exploring new territories for expansion, including South Africa, Egypt, Bangladesh, Turkey, and New Zealand, as part of its commitment to promote India's rich heritage of craftsmanship on a global scale.

Speaking about the company's ethos, Abdul Salam K.P, Vice Chairman of Malabar Group, emphasized their dedication to responsibility and sustainability. He highlighted Malabar Gold & Diamonds' adherence to sourcing LBMA-certified bullion and conflict-free diamonds, ensuring transparency with customers, practicing fair labour standards, and contributing to society through various ESG (Environmental, Social & Governance) initiatives. This commitment aligns with India's 'Make in India' and 'Market to the World' initiatives, reinforcing their mission to showcase Indian handcrafted jewelry to a global audience.

Malabar Gold & Diamonds is renowned for its customer-centric approach and the 'Malabar Promise,' which guarantees unmatched quality and service. This includes transparent pricing, assured lifetime maintenance across their global network of showrooms, guaranteed buyback policies, certified diamonds, UK hallmarked jewellery, and a commitment to fair pricing and labour practices.

The company's ESG initiatives have been integral to its operations since its inception in 1993, with 5% of net profits dedicated to initiatives focused on Health, Hunger-Free World, Housing, Education, Women Empowerment, and Environmental sustainability in each country of operation. These goals are periodically reinforced to ensure Malabar Gold & Diamonds remains a socially conscious and responsible organization committed to making a positive impact globally.

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