Kalyan Jewellers strengthens UAE presence with store in Sharjah
today Feb 11, 2019
Kalyan Jewellers have strengthened their retail presence in the UAE with the opening of its new showroom in the emirate of Sharjah.
The new store is located at the Lulu Mall, King Faisal Street, Al Majas and is the company’s fourth outlet in Sharjah. The showroom will house Kalyan’s latest wedding collection Muhurat apart from other in house brands such as Ameera, Mudhra, Ziah, Glo, Nimah, Anokhi, Apoorva, Antara, Hera, and Rang.
Commenting on the store opening, T.S. Kalyanaraman chairman and managing director of Kalyan Jewellers in a statement said, “We are very happy to open yet another Kalyan Jewellers showroom in the UAE and offer the best jewellery shopping experience to our patrons here.
“I take this opportunity to thank all our customers who have shown such overwhelming love and support. Such a response has encouraged us to further expand and continue scaling up in the GCC. We have recently opened our fifth showroom in Muscat as well,” he added.
Kalyan Jewellers has been rapidly expanding its domestic and international presence with plans to open another 150 stores over the next five years.
Kalyan Jewellers is expecting a 10 percent jump in its revenue to Rs 11,500 ($1.59 billion) for this financial year. The company had posted revenue of Rs 10,500 in the 2017-18 fiscal.
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