Damas reveals ambitious vision for future

Dubai, UAE (November 13, 2013): Damas, the Middle East's foremost jewellery and watch retailer, has announced a new vision that will drive the company's efforts to match the luxury jewellery industry's rapid development and earn global status as a market leader.

For the past two years, Damas leadership closely reviewed the company's commercial, retail and operational strategies in collaboration with major international consulting firms. To drive sustainable business development, a new strategy has been implemented to advance the Damas name and image from a famous brand in Dubai to a famous international jewellery brand from Dubai.

“Similar to Dubai, Damas foresees no limits to advancing its position as a leader in the high-end luxury market. Under this new vision we are furthering our brand name and image and are proud to be recognised as one of the most dynamic and prestigious international trademarks in the jewellery industry,” explained Mr Anan Fakhreddin, Chief Executive Officer of Damas.

“With our rich heritage in jewellery stretching over 100 years, our clients will continue to enjoy the same high quality products and staff dedication.”

To celebrate this announcement, a black tie event was held at the One&Only Royal Mirage that gathered senior Damas representatives, key customers and select members of the media. The Damas ‘glamour and mystery' advertising campaign was also unveiled to reveal its new corporate identity

Under this new direction, the Damas brand will continue to evolve and has plans to launch even more gold and diamond products with innovative designs to the global jewellery market. The company will also continue to introduce carefully selected international brands to advance Damas' position as an industry leader.

Part of the company's agenda is to remodel its outlets by moving towards a two-store format retail strategy. This is to enhance the Damas shopping experience and cater to ever changing customer interests. The Damas retail outlets will offer some of the most prestigious international brands globally, while the ‘Damas Collections' retail outlets will showcase a variety of innovative in-house styles. Both store formats will offer gold jewellery, diamonds and pearls in an array of high-end designs, in line with the company's new vision.

The company will also introduce a sophisticated customer relationship management system to strengthen its current rapport with clients. Additionally, the new vision of the brand has been supported by the launch of a revamped website. To learn more about Damas and its new products and branches, visit the website at: www.damasjewellery.com.