Malabar Gold & Diamonds Celebrates Opening Of 350th Showroom In Naperville, Illinois

Malabar Gold & Diamonds, one of the largest global jewellery retailers, has opened its fourth showroom in the United States. The new showroom, located in Naperville, Illinois, brings the brand's total showroom count to 350 globally, with five showrooms in North America. Malabar Gold & Diamonds currently has a strong retail presence in countries namely UAE, Qatar, Oman, Bahrain, Kuwait, Saudi Arabia USA, Canada, the UK, Australia, India, Malaysia, and Singapore.

The inauguration of the new showroom was attended by Somnath Ghosh, Consul General of India in Chicago, as well as other esteemed guests including Shamlal Ahamed, MD — International Operations, Malabar Gold & Diamonds; Rakesh Patel of Patel Brothers; Joseph Eapen, President of North America operations of Malabar Gold & Diamonds; community leaders, representatives from government and other authorities, management team members from Malabar Gold & Diamonds, customers, and well-wishers.

M.P. Ahammed, Chairman of Malabar Group, expressed his pride in the opening of the 350th global showroom in the USA. He emphasized the brand's commitment to offering transparency and an exceptional shopping experience to every customer. He also expressed his gratitude to customers, management team members, shareholders and stakeholders for their contributions to the brand's success.

Spread across an area of 6,400+ sq. ft, the new showroom in Naperville offers a wide range of designs across 25 exclusive brands and collections in gold, diamond, and precious gem jewellery. Customers can explore an extensive collection of bridal jewellery, as well as options for occasional wear, daily wear, and office wear. The other three showrooms of Malabar Gold & Diamonds in the USA are located in Chicago, New Jersey and Dallas.

Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds, emphasized the significance of the USA as one of the largest jewellery markets in the world. He expressed his excitement about expanding the brand's offerings to the Indian subcontinental diaspora in the USA. He also revealed plans for further expansion into cities like Los Angeles, Atlanta, San Francisco, Seattle, Austin, Tampa, and Virginia in the USA, as well as British Columbia and Alberta in Canada.

The new showroom in Naperville is equipped with a customized jewellery designing facility, allowing customers to design their jewellery with the assistance of expert designers and craftsmen from Malabar Gold & Diamonds. This facility aims to provide an exclusive jewellery shopping experience to customers in Illinois.

Abdul Salam K.P., Vice Chairman of Malabar Group, highlighted the success of Malabar Gold & Diamonds in North America, which reflects the growing demand for Indian-made jewellery in the western hemisphere. He also mentioned that the brand has been recognized as the highest-ranked Indian jewellery retailer in the 'Global Powers of Luxury Goods 2023' report published by Deloitte.

Malabar Gold & Diamonds is committed to promoting India's indigenous craftsmanship on a global scale. The brand has ambitious plans for expansion, including strengthening its retail presence in existing regions and venturing into new countries such as South Africa, Egypt, Bangladesh, Turkey, and New Zealand.

Malabar Gold & Diamonds is known for providing an unparalleled jewellery buying experience, with a focus on convenience and customer-friendly policies. The brand's "Malabar Promise" includes incomparable quality, transparent pricing, assured lifetime maintenance, guaranteed buyback, tested and certified diamonds, 100% value on diamond and gold jewellery exchange, 916 hallmarked jewellery, responsible sourcing, fair price policy, and fair labour practices.

In addition, Malabar Group is committed to ESG (Environmental, Social & Governance) initiatives. Since its inception in 1993, the organization has allocated 5% of its net profits towards such initiatives in each country of operations. The primary focus areas include Health, Hunger Free World, Housing, Education, Women Empowerment, and Environment. The brand continually strengthens its ESG goals to remain a socially conscious and responsible organization.