MALABAR GOLD & DIAMONDS SHINES BRIGHT IN LATUR WITH ITS 1ST STORE LAUNCH

28th March 2024

Malabar Gold & Diamonds has unveiled its newest store, situated at Sawe Wadi, M G Road, Latur, Maharashtra. Spanning an impressive 4500 sq. ft., this marks Malabar Gold & Diamonds’ first store in Latur, its 24th in Maharashtra, and the 36th within the West Region. With a commitment to delivering a world-class jewellery shopping experience, the luxurious store boasts an extensive array of designs and collections

M P Ahammed, Chairman of Malabar Group, virtually inaugurated the store on March 28th. The ribbon-cutting ceremony was performed by Shrimati Vaishali Vilasrao Deshmukh on March 28th, marking a significant milestone attended by esteemed guests, including Mr. Fanzeem Ahamed, the Regional Head (West Zone), Management Team Members, and well-wishers.

Expressing his excitement about this auspicious occasion, M P Ahammed remarked, “We are thrilled to launch our first-ever store in Latur. This marks the beginning of a promising relationship with the people of Latur and reinforces our commitment to Maharashtra. Our luxurious new store is curated to cater to the diverse tastes of people in Maharashtra, offering exquisite jewellery for every occasion.”

The newly unveiled store features spacious interiors and a captivating ambience, inviting customers to explore an extensive range of meticulously crafted designs in gold, diamond, polki, gemstones, platinum, and more. Curated collections cater to varying tastes and preferences, ensuring that every customer discovers the perfect piece. Highlighting extraordinary pieces from exclusive brands such as Mine Diamond Jewellery, Era Uncut Diamond Jewellery, Divine Heritage Jewellery, Ethnix Handcrafted Jewellery, Precia Gemstone Jewellery, and Viraaz Polki Jewellery, the store aims to become the ultimate destination for distinctive and captivating designs.

Renowned for its commitment to transparency and fairness in pricing, Malabar Gold & Diamonds upholds its Fair Price Promise, ensuring customers can acquire their desired jewellery at reasonable making charges. Additionally, the brand’s One India One Gold Rate scheme ensures uniform pricing for gold across all its stores nationwide.

Strengthening the brand’s commitment to its customers, Malabar Gold & Diamonds offers 10 promises. The Malabar Promises include a transparent price tag indicating stone weight, net weight, and stone charge of the jewellery; assured lifetime free maintenance for the jewellery; 100% value for gold when reselling old gold jewellery; 100% HUID-compliant gold; IGI and GIA-certified diamonds ensuring a 28-point quality check of global standards, buyback guarantee; complimentary jewellery insurance, responsible sourcing; and fair labour practices.

About Malabar Gold & Diamonds:
Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 in Kerala, the brand today has a strong retail network of over 340 stores spread across 13 countries and 14 wholesale units, in addition to offices, design centres, and factories across India, Australia, Canada, the U.K., the USA, the Middle East and the Far East. The company currently ranks 6th among the largest jewellery retailers globally and also 19th in Deloitte’s Global Powers of Luxury Goods 2023 ranking.