Malabar Gold & Diamonds opens flagship showroom in Los Angeles, its fifth location in the USA

The new showroom, spanning 6,500 square feet, is the largest store for Malabar Gold & Diamonds in the USA. The jewellery group plans to launch 20 new showrooms worldwide this month

Mumbai: Leading jewellery group Malabar Gold & Diamonds has opened a flagship showroom in Los Angeles, marking a significant milestone in its growth within North America. This new showroom is the largest and fifth location for Malabar Gold & Diamonds in the USA.

The inauguration ceremony was led by California Congresswoman Michelle Steele, with Malabar Group Chairman MP Ahammed, Vice Chairman KP Abdul Salam, International Operations Managing Director Shamlal Ahamed, North America Regional Head Joseph Eapan, and other senior management in attendance.

Spanning 6,500 square feet in Artesia City, the showroom boasts over 30,000 jewellery designs from 20 countries and features around 25 exclusive brands. Customers can also personalize their jewellery selections.

Commenting on the occasion, MP Ahammed, Chairman, Malabar Group, said, “Our flagship showroom in Los Angeles highlights our dedication to providing an unparalleled jewellery shopping experience. This location is particularly significant for us, as North America plays a vital role in our growth strategy. We are excited to announce our plans to open 20 new showrooms globally this October, and we are grateful for the support that has helped us pursue our goal of becoming the world’s leading jeweller.”

The sixth Malabar Gold & Diamonds showroom in the US will soon open in Atlanta, Georgia. The company has ambitious plans for expansion, targeting cities such as San Francisco, Seattle, Austin, Tampa, Virginia, Detroit, Houston, Charlotte, Phoenix, New York and San Diego. In Canada, the brand will extend its presence into British Columbia and Alberta. Of the 20 new showrooms set to launch in October, seven are already operational, with 13 more to follow in the USA, UAE, Qatar, Saudi Arabia, and India. Currently, Malabar Gold & Diamonds operates more than 360 showrooms across 13 countries, dedicating 5% of its profits to various social responsibility projects.

Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. With an annual turnover of $6.2 billion, the company is currently the 6th largest jewellery retailer globally and the 19th ranked brand in Deloitte’s Luxury Goods World Ranking.

The key focus areas of the Malabar Group are health, housing, hunger free world, education, environment and women’s empowerment, integrating the principles of responsibility and sustainability into its core business.

Retail Jeweller ME News