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Date: 24August 2015
For immediate release
Karnataka, Shivamogga (Shimoga) 22nd August, 2015: Malabar Gold & Diamonds, one among the world’s leading jewellery retailers and flagship company of Malabar Group has expanded its network in Karnataka with the inauguration of new world class showroom in Shivamogga. This is the 14th showroom in Karnataka.
The spacious and artistically done showroom was inaugurated by popular South Indian actor PuneethRajkumar in the presence of Malabar Gold and Diamonds, Managing Director, Mr. O. Asher on Saturday, 22nd August, 2015.
The showroom is located opposite to State Bank of Mysore, B.H. Road, Shivamogga.
Apart from displaying jewellery specific to the culture and celebrations of Karnataka, the store displays the exclusive range of sub brands from Malabar Gold & Diamonds: Mine – Diamond jewellery, Era – Uncut Diamond Jewellery, Precia – Precious Gem Jewellery, Divine – Indian Heritage Jewellery, Ethnix – Handcrafted designer Jewellery Starlet – Kids’ Jewellery and Hi- casual jewellery. The showroom also has an impressive stock of platinum jewellery apart from gold and diamond and silver jewellery.
According to Mr. O. Asher, Managing Director, Malabar Gold and Diamonds, “Apart from showcasing latest collections in traditional as well as contemporary designs, understanding the cultural ethos and ornamental preferences of a region has played a pivotal role in making the retail jeweller popular among the masses, cutting across cultures and geographical boundaries.”
Having 134 showrooms in nine countries, expansion plans in India include new showrooms in Nellore (Andhra), Vadodara (Gujarat) Nagercoil (Tamil Nadu) and on the international front more showrooms in Middle East, South Asia, U.S.A. and U.K.
Apart from being a successful business entity, Malabar Group has always been in the forefront of social responsibility initiatives, earmarking five percent of its annual profit for CSR initiatives in the field of health, education, housing, environmental conservation and women’s empowerment.
