Connect with us

AMERICA

Malabar Gold & Diamonds Strengthens Its US Presence with the Launch of Its 9th Showroom in Seattle, Washington

Malabar Gold & Diamonds, the world’s 4th largest jewellery retailer with over450 showrooms across 14 countries, has expanded its presence in the USAwith the launch of its newest showroom at Seattle, Washington. Marking thebrand’s first outlet in the state of Washington, the new showroom launchbrings Malabar Gold & Diamonds’ presence in the USA to 9.

The showroom was inaugurated by Mr. Prakash Gupta, Consul General of theIndian Consulate in Seattle, in the presence of Mr. Abdul Salam K.P, ViceChairman of Malabar Group; Mr. Shamlal Ahamed, MD – InternationalOperations at Malabar Gold & Diamonds; Mr. Joseph Eapen, Regional Head ofNorth America Operations; Mr. Shaji K, Chief Digital Officer of Malabar Group;Mr. Jasar R, Branch Head USA; and members of the senior leadership team,alongside customers and well-wishers

M.P. Ahammad, Chairman of Malabar Group commented:“We are delighted to expand our presence in the United States with theopening of our 9th showroom in Seattle. This marks a significant milestone inour North America journey, one that began in 2018 and has grown steadilyon the strength of the trust our customers place in us. Our continued growthis driven by the exceptional customer experience we provide and thesuperior craftsmanship evident in every product showcased throughout ourshowrooms. As one of the biggest proponents of ‘Make in India,’ we seeevery international showroom as a platform to take Indian craftsmanship tothe world, and Seattle is a proud addition to that mission. I want to thank ourcustomers and partners in North America, whose continued confidence hasmade this expansion possible.”

The Bellevue showroom brings together more than 20,000 jewellerycreations from around the world, spanning gold, diamond, and preciousgemstone categories across 25 exclusive brands and collections. Fromstatement bridal pieces to contemporary designs for everyday and officewear, the showroom caters to every occasion and style preference.Customers can also collaborate with Malabar’s expert craftsmen to createcustom-made jewellery, while enjoying personalised service in an elegant lounge setting.

Mr. Abdul Salam K.P, Vice Chairman of Malabar Group said: “AsMalabar Gold & Diamonds continues to grow, we remain committed to doingso as a responsible jeweller. Every showroom we open, including this one inSeattle, reflects our ethos of ethical sourcing, transparent pricing, andpolicies that put the customer’s trust first. Alongside this growth, wecontinue to invest in our ESG initiatives across all regions we operate in,because for us, business growth and community wellbeing must moveforward together.”

As a Responsible Jeweller, Malabar Gold & Diamonds has earned globalrecognition for offering a trusted and seamless jewellery-buying experience,backed by the Malabar Promise; a set of customer-first commitments thatinclude transparent pricing, lifetime maintenance across all showrooms in 14countries, guaranteed buyback, tested and certified diamonds, 100% valueon diamond and gold jewellery exchange, 100% hallmarked jewellery,responsible sourcing, fair pricing, and fair labour practices.

Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold &Diamonds commented: “Seattle is a market we have watched closely, andthe timing for our entry could not be better. The Pacific Northwest is home toa vibrant and growing South Asian community, and Washington State givesus our first foothold in the region, building on the strong response we’veseen across our other showrooms. Seattle’s diverse customer base and growing economic importance make it a market with strong long-termpotential. This opening is part of our broader coast-to-coast growth strategy.On the West Coast, we plan to expand further into San Francisco, San Diego,and Phoenix, while on the East Coast we are targeting New York, Charlotte,Tampa, Virginia, Houston, and Detroit.”

ESG (Environmental, Social & Governance) initiatives have been the primarycommitment of Malabar Group since its inception in 1993, with 5% of netprofits set aside towards such initiatives in each country of operations. Thekey focus is in the areas of Health, Hunger Free World, Housing, Education,Women Empowerment & Environment.

As part of its flagship Hunger Free World initiative, Malabar Group distributesmore than 142,000 meals every day across 170 locations, including threeschools in Zambia. In India, the Group has established 2,553 micro learningcentres that support over 102,000 underprivileged children, helping manytransition into mainstream education. It has also awarded more than 145,000scholarships to female students, enabling them to pursue their educationalaspirations and build brighter futures.

Furthering its commitment to social welfare, the Group operates theGrandma Home project, which provides shelter and care for destitute andvulnerable women. Through these and several other community-focusedinitiatives, Malabar Group remains committed to ensuring that its growth andsuccess create a lasting positive impact in the communities it serves aroundthe world.