Dubai PR Network, Online Press Release from Dubai and Middle East
 
Jewellery & Watches(Lifestyle)
Filter PR by
  

Malabar Gold & Diamonds Makes History as the First Indian Jewellery Brand to Set Up Shop in Australia, Unveils New Sydney Showroom

 
Malabar Gold & Diamonds Makes History as the First Indian Jewellery Brand to Set Up Shop in Australia, Unveils New Sydney Showroom
• The first outlet of the brand was opened in Harris Park within the Little India Precinct of Sydney
• Inaugurated by renowned Australian cricketer, Bret Lee. 
• The new outlet will be the largest jewellery showroom in Sydney.
• Extensive collection of 18K, 22K Gold, Diamond and precious gem jewellery along with customized jewellery designing facility.
 
Scripting history as the first Indian International jewellery brand to begin operations in Australia, Malabar Gold & Diamonds, the 6th largest jewellery retailer globally, has launched their new showroom in Australia at Sydney. The showroom marks Malabar Gold & Diamonds’ expansion into the 13th country of operations. Currently, the brand has an extensive retail presence of over 340 showrooms spread across India, UAE, Qatar, Kuwait, Oman, KSA, Bahrain, Singapore, Malaysia, the USA, the UK, Canada & Australia. 
 
The new showroom was inaugurated by renowned Australian Cricketer Brett Lee in the presence of Mr. Shamlal Ahamed, MD – International Operations, Malabar Gold & Diamonds, Mr. Asher O, MD-India Operations, Malabar Gold & Diamonds,Mr. Ajith M, Regional Head – Far East & Australasia, Malabar Gold & Diamonds; Mr. Ameer CMC, Head of Finance & Admin, Malabar Gold & Diamonds; Mr. Faisal A.K, Head of Manufacturing, Malabar Gold & Diamonds; Mr. Shaji Kakkodi, Chief Digital Officer, Malabar Group; representatives from the Sydney government, other senior management team members from Malabar Gold & Diamonds, customers & well-wishers.  
Commenting on the occasion, Malabar Group Chairman, M.P Ahammed said: “This is a proud moment for us as the first Indian International jewellery retailer to begin operations in Australia. We have been a strong proponent of ‘Make in India; Market to the World’, showcasing the artistry of Indian jewellery on a global stage and expanding into Australia is another testimony of our commitment to this initiative. This is also a great success story leveraging the strong trade relationship and recent bi-lateral free trade agreement between Australia & India. Our growth plan in Australia will lead to significant investments into Jobs & local Economy in Australia over the next few years. On behalf of Malabar Group, I would like to thank all our customers, management team members, shareholders, and other stakeholders for their invaluable contribution towards helping us craft this historic moment and move one step closer towards our goal of being crowned as the world’s no.1 jewellery retailer.”
 
Located at 109 Wigram Street in Harris Park within the Little India Precinct, Malabar Gold & Diamonds’ new outlet will be the largest jewellery showroom in Sydney. With an extensive collection of jewellery in 18K, 22K gold and diamonds, the showroom will showcase over 30,000 designs across bridal wear, daily wear & and occasional wear. Malabar Gold & Diamonds has also facilitated a customized jewellery design facility at their showroom, enabling jewellery enthusiasts in the region to bring to life their jewellery design assisted by expert designers & craftsmen from the brand. 
 
“We are extremely excited to begin our operations in Australia. Being our 13th country of operations, our venture into Australia will mark a significant shift in the country’s jewellery landscape. With a large diaspora of immigrants from the Indian Sub-continent, the jewellery sector in Australia remains a largely untapped one. Marking a significant shift in the country’s jewellery landscape, we aim to leverage our experience of over 30 years to bring forth an exceptional array of gold, diamond & precious gem jewellery. With our time-tested commitment towards providing customers with an exceptional & transparent jewellery shopping experience, I am sure that we will be able to replicate our global acceptance in Australia as well”, commented Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds. 
Ethical & responsible sourcing has been a key tenant of Malabar Gold & Diamonds’ entire operations. With the exclusive usage of 100% traceable raw materials in their jewelry, the brand ensures strict compliance with international standards for transparent gold & diamond sourcing set by globally recognized organizations such as LBMA (London Bullion Market Association) and World Gold Council. The principles of sustainability and responsibility are incorporated into its core business through practices such as zero tolerance on compliance to the rule of law, Anti-money Laundering (AML) & Combating the Financing of Terrorism (CFT), usage of FSC (Forest Stewardship Council) wood for packaging, LEED Gold certified offices and outlets. 
 
“In addition to adding another country to our global operational map, our expansion into Australia further solidifies Malabar Gold & Diamonds’ stature as a truly global enterprise with an expansive outreach across boundaries. With 100% transparent business practice being a hallmark of our entire operations and our stringent commitment to ensuring ethical & responsible sourcing at all levels of our supply chain, we aspire to be a model organization in the global jewellery sector that safeguards the auspicious nature of jewellery”, commented Mr. Abdul Salam K.P, Vice-Chairman of Malabar Group. 
In pursuit of promoting India's renowned indigenous craftsmanship on a global scale, Malabar Gold & Diamonds has embarked on an ambitious expansion plan, which involves strengthening their retail presence in existing regions with more showroom launches, as well as charting their expansion into new countries such as South Africa, Egypt, Bangladesh, Turkey and New Zealand. 
 
ESG (Environmental, Social & Governance) initiative has been the primary commitment of Malabar Group since its inception in 1993, with 5% of net profits set aside towards such initiatives in each country of operations. The key focus is in the areas of Health, Hunger Free World, Housing, Education, Women Empowerment & Environment. The ESG goals of the organization are periodically strengthened to remain a socially conscious and responsible organization.  


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 15777 times
PR Category : Lifestyle
Posted on : Monday, February 5, 2024  4:22:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Malabar Gold & Diamonds showcases the best of the brand at t...
Next Story : Welcoming Jimmy Chin to the Bremont Family
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Mitch Evans Looks For Another Italian Triumph As Formula E Descends On Rimini Debut - Wher... [22935-Views]
Khabib's Official Training Gloves Will Be Sold at Tooba Charity Auction in Dubai [22423-Views]
Oliver rowland wins misano e-prix opener after antonio felix da costa disqualification [20188-Views]
Victory for Pascal Wehrlein after last Lap Heartbreak for Rowland [18532-Views]
Formula E and FIA to unveil new gen3 evo race car at upcoming monaco E-prix [15420-Views]
Henry Jacques launches Collection de l'Atelier [10332-Views]
Tag Heuer Monaco Split-Seconds Chronograph: Watches & Wonders 2024 [8922-Views]
The Tortue Watch: A Perpetually Reinvented Timepiece [8799-Views]
Nikai unveils next-generation Google TVs redefining home entertainment [8430-Views]
South Indian Cinema Megastars Rana Daggubati, Rockstar DSP Akul Balaji, Vijay Raghavendra,... [8257-Views]
Mansour bin Mohammed congratulates Hamdan bin Mohammed on the Qatar-UAE Super Shield crown [8032-Views]
Goodbye to the Grrr-Eight One: Jeep® Brand Announces 2024 Wrangler Rubicon 392 Final Editi... [6560-Views]
Sivakov takes final stage of Giro D'Abruzzo [6421-Views]
Kia wins prestigious 2024 Car Design Award for Brand Design Language with ‘Opposites Unit... [6138-Views]
Abt Joins Forces With Lola And Yamaha For Formula E's Ground-Breaking Gen3 Evo Era [5707-Views]
Swiss International School Dubai students get seven-star work experience at Burj Al Arab [5654-Views]
World Future Energy Summit Opens with Collective Call for Collaboration on ‘Pathway to 1.5... [5572-Views]
Hitachi Energy unveils cutting-edge solutions at Middle East Energy 2024 [5531-Views]
Zone in with oakley® latch panel: Take Control Of The Chaos With New Lifestyle Sunglasses [5531-Views]
Parmigiani Fleurier – New TORIC Collection [5445-Views]
Turkish Airlines closes 2023, carrying 83.4 million passengers with a 23.5% increase in do... [5314-Views]
AUS secures top spots in academic and employer reputation in UAE, announces QS World Unive... [5277-Views]
Heritance Aarah Maldives: Your Summer Culinary Getaway [5207-Views]
Eternal Elegance: Casadei Unveils The Enchanting 2024 Bridal Collection [5166-Views]
Jan Christen takes first professional victory at Abruzzo [5162-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories