Malabar Gold & Diamonds’ new store in Canada furthers brand’s aim to expand globally

The 7,800+ sq. ft store, virtually inaugurated by M.P Ahammed, Chairman of Malabar Group, is the brand’s  first store in Canada and 335th global store

Mumbai: Malabar Gold & Diamonds has opened its new store at Heartland Town Centre within the Greater Toronto Area, in Mississauga, Canada. With this, the brand marks its extensive brand presence, with 335 stores spread across the UAE, Qatar, Kuwait, Oman, KSA, Bahrain, Singapore, Malaysia, the USA, the UK, Canada and India. Currently ranked as the world’s 6th largest jewellery retailer, Canada has become the 12th country on Malabar Gold & Diamonds’ global operational map and the 2nd country in North America.

The store was virtually inaugurated by M.P Ahammed, Chairman of Malabar Group. Nina Tangri, the Associate Minister of Business for Ontario, performed the ribbon-cutting ceremony in the presence of Shamlal Ahamed, Managing Director, International Operations, Malabar Gold & Diamonds; Ameer CMC, Director of Finance & Administration, Malabar Gold & Diamonds; Joseph Eapen, Regional Head – North America, Malabar Gold & Diamonds; and other team members, customers and well-wishers.

“The opening of our first store in Canada marks a significant milestone for us as the first Indian international jewellery brand to begin operations in Canada. Located at Heartland Town Centre in Mississauga within the Greater Toronto Area, our new store stands as the largest jewellery store in the country. The expansion into Canada presents us with a unique opportunity to showcase our jewellery to a diverse customer base that truly appreciates the artistry and craftsmanship of Indian jewellery,” said M.P. Ahammed, Chairman, Malabar Group.

Spread across 7,800+ sq. ft., the new outlet is the largest jewellery store in Canada, housing over 30,000 designs across 25 exclusive brands and collections in gold, diamond and precious gem jewellery. The new store will also showcase an extensive collection of bridal jewellery, along with a wide range of options for occasional wear, daily wear, and office wear. The store also offers a customised jewellery designing facility and a luxurious customer lounge area, enabling hassle-free jewellery shopping.

“We are extremely thrilled to extend our operations into the 12th country globally and the 2nd country within the continent. As Canada and the USA stand out as highly appealing destinations for Indian sub-continental expatriates in the Western hemisphere, the North American market presents vast potential, and we have ambitious expansion plans in the region, covering British Columbia and Alberta in Canada. Concurrently, in the USA, we are set to expand into Naperville, Chicago; Artesia, Los Angeles; and Atlanta, Georgia,” commented Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds.

“In addition to being a highlight of our international expansion plan, Malabar Gold & Diamonds’ expansion into Canada will further our aim of showcasing Indian-made jewellery to a global audience, upholding the motto of ‘Make in India; Market to the World’. We have charted an ambitious and exciting plan for the future, which involves strengthening our retail presence in existing regions with more store openings and expansion into new territories,” commented Abdul Salam K.P., Vice Chairman of Malabar Group.

Courtesy: NewsVoir