Malabar Gold & Diamonds fortifies its presence by opening one more outlet of its new jewellery retail concept ‘Classik Jewels' at Ras Al Khor, Dubai

• Classik Jewels is a division of Malabar Gold & Diamonds, designed to offer light weight fast moving gold, diamond and precious gem jewellery at a competitive price affordable to all customers without compromising onbrand, product variety, quality and service.
• This is the 3rd showroom of Classik Jewels globally.
• The key features of Classik Jewels are:
• Light Weight & fast moving jewellery collection
• Competitive pricing – Affordable& Value for money
• Unmatched customer service
• Transparency & assured quality
• Convenience

Dubai, UAE, June 5, 2016: The latest outlet of Classik Jewels, a new jewellery retail concept by Malabar Gold & Diamonds was inaugurated by Mr. MP Ahammed, Chairman – Malabar Groupat Marhaba Mall, Ras Al Khor, Dubaion 2nd June, 2016 in the presence of Dr. PA Ibrahim Haji, Co Chairman – Malabar Group, Mr. ShamlalAhamed, Managing Director - International Operations, Malabar Gold & Diamonds; Mr. KP Abdul Salam, Group Executive Director – Malabar Group;other Directors, dignitaries and well-wishers. This is the 3rdClassik Jewels store worldwide and 2nd in UAE. Classik Jewels has marked its presence in the Far East by opening a showroom in Singapore on 27th March this year. 

Classik Jewels specializes in offering light weight fast movingjewellerytargeting price focused customers by offering superior products without compromising on brand, product variety, quality and service. The jewellery collectionat Classik Jewels comprises of necklaces, studs, pendants, rings, bracelets and bangles.

‘The policy followed by Malabar Gold & Diamonds does not encourage practices like compromising the collection and quantity of stock, sub-brands, showroom space and service. It also insists on offering superior service and buy back &cash back policies to its customers. Therefore it was not possible to compete with a segment of retailers who were focusing only on offering price advantage to the customers. Hence we introduced Classik Jewels in small formats maintaining minimum stock without compromising the quality of its product or service’ said Mr. MP Ahammed, Chairman – Malabar Group on the occasion.

Malabar Gold& Diamonds which is a flagship company of Malabar Group started its international operations in the year 2008 with the opening of a single outlet in UAE. Today, the group operates 154 stores across India, GCC,Singapore & Malaysia. Due to the exponential growth of customers in the region, the company is planning to come up with more Classik Jewels and Malabar Gold & Diamonds showrooms in GCC and Far East soon.