Skip to main content

Malabar Gold & Diamonds unveils its first store in Canada

Spread across 7,800 sq. ft., the new outlet is the largest jewellery store in Canada housing over 30,000 designs across 25 brands and collections in gold, diamond and precious gem jewellery

Bengaluru: Jewellery retailer Malabar Gold & Diamonds has launched its first retail store in Canada, located at Heartland Town Centre, Mississauga within the Greater Toronto Area, the company said in a press release on Tuesday.

The brand made claims to be the first Indian jewellery retailer to open a store in Canada.

Spread across over 7,800 sq. ft., the new outlet is the largest jewellery store in Canada, housing over 30,000 designs across 25 brands and collections in gold, diamond and precious gem jewellery, the company claimed. The new store will also showcase a collection of bridal jewellery, along with a wide range of options for occasional wear, daily wear and office wear.

The store was virtually inaugurated by M.P Ahammed, chairman of Malabar Group and Nina Tangri, the Associate Minister of Business for Ontario, performed the ribbon-cutting ceremony.

“The opening of our first store in Canada brings me immense pride and joy, marking 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,” said Ahammed.

“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,” he added.

With this store, 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.

“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,” said Shamlal Ahamed, managing director of international operations at Malabar Gold & Diamonds.

The store also offers a customised jewellery designing facility, presenting customers with the option to design their own jewellery with the assistance of Malabar Gold & Diamonds’ expert designers and craftsmen. The store is also equipped with a customer lounge area, enabling hassle-free jewellery shopping.

“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,” said Abdul Salam K.P., vice chairman of Malabar Group.

Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group. With an annual turnover of $5.2 billion, the brand is spread across 12 countries in addition to multiple offices, design centres, procurement centres, and factories spread across India, Middle East, Far East, the USA and the UK.

“The brand continues to strengthen its expansion within India in tandem with the great strides achieved internationally. Store openings are being planned in the states of Rajasthan, Puducherry, Uttarakhand, Jharkhand, Goa, Assam, Tripura and Jammu & Kashmir,” said Asher O, managing director of India operations at Malabar Gold & Diamonds.

The post Malabar Gold & Diamonds unveils its first store in Canada appeared first on India Retailing.



from India Retailing https://ift.tt/DK4O0Bn
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp...
68 comments
Read more

Coronavirus Recovery: Canadian Small Businesses Must Focus on Easing Employee, Customer Fears

By M. Tina Dacin and Laura Rees A small business has been  given the green light to reopen amid the COVID-19 pandemic . What does it need to consider for employees and customers? Small business owners are reorganizing physical space to account for continued distancing requirements and rethinking supply chains to deliver products and services in new ways to meet changing demand patterns. But they must not forget the hearts and minds of employees and customers. That doesn’t mean replacing a focus on the bottom line, but it helps address the need for a new set of expectations and ways of communicating in terms of product or service offerings, delivery methods and real-time feedback. Based on our expertise in organizational behaviour and past research we’ve conducted, we provide a set of recommendations to help small businesses thrive in our new COVID-19 economy by looking after the hearts and minds of the people most important to businesses — employees and customers. Fear, Anxi...
1 comment
Read more

World's 1st Pizza Subscription Service Launches in Toronto

general assembly subscription user opening delivery box of pizza. photo: general assembly pizza By Mario Toneguzzi Toronto-based General Assembly Pizza has launched what it describes as the world’s first pizza subscription service as it also plans to aggressively expand its product offering in the near future by opening a new concept in the market. "Since opening our doors in 2017, we have pushed for the best guest-experience possible — that's why our dough is 100 percent naturally leavened, that's why we have a purpose-built 400-square-foot pick-up and delivery area, and that's why we’ve launched a direct-to-consumer subscription-based ecommerce platform,” said Founder & CEO Ali Khan Lalani. “In 2020, providing the best guest experience means General Assembly Pizza has to be more than a restaurant. I'm proud to say that after almost six months of planning, many roadblocks, and countless pivots — all while maintaining our day-to-day restaurant operatio...
1 comment
Read more