Palmonas opens first international store at Abu Dhabi in the United Arab Emirates

The store will showcase Palmonas’ signature demi-fine category along with 9kt gold, 925 sterling silver and other categories of jewellery

Abu Dhabi: Palmonas has marked its international retail debut with the opening of its first exclusive store at Reem Mall in Abu Dhabi. The brand is set to further expand its presence in the United Arab Emirates with a second store at Mall of the Emirates in Dubai by the end of July. Showcasing Palmonas’ signature demi-fine category along with 9kt, 925 sterling silver and other categories, both stores are operated directly by the brand and designed to offer customers a complete and immersive retail experience.

Speaking on the expansion, Pallavi Mohadikar, Founder & CEO, Palmonas, said, “Launching our first store in the Middle East marks a proud milestone in Palmonas’ growth journey and reflects our vision of taking an Indian-born brand to the global stage. The incredible organic love and support we’ve received from the UAE over time made this expansion a natural progression for the brand. We’re excited to finally bring the complete Palmonas experience closer to our community in the region and look forward to building meaningful connections with customers who have supported us from afar.”

The UAE’s reputation as a global hub for luxury retail, coupled with its vibrant multicultural community, makes it an ideal market for Palmonas’ international debut. Home to consumers from diverse cultural backgrounds with an appreciation for premium design and craftsmanship, the region presents a natural opportunity for the brand to introduce its contemporary take on demi-fine jewellery.

Customers in the UAE will be able to discover Palmonas’ signature collections across its stores at Reem Mall and Mall of the Emirates, as well as shop online through www.palmonas.ae, making the brand accessible across the region.

Notably, Palmonas recently raised $40 million in a Series B funding round, and said the capital would be directed towards expanding the brand’s offline retail footprint and strengthening its current store network.

Founded in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas functions as an omnichannel jewellery brand, retailing its collections through both digital platforms and physical outlets. In March 2024, actor Shraddha Kapoor joined the company as a co-founder.

The brand has been steadily building its offline presence through exclusive brand outlets in key urban markets in India, and has now embarked on global expansion.

Retail Jeweller ME News