Malabar Gold & Diamonds Achieves 19th Position in Deloitte’s Global Luxury Ranking

Malabar Gold & Diamonds, a leading jewellery retailer, has secured the 19th position in Deloitte’s Global Powers of Luxury Goods 2023 ranking. The brand has also secured the top spot in India, reaffirming its dominance in the country’s luxury market. The Deloitte Global Powers of Luxury Goods ranking list is compiled by assessing the global sales and brand value of jewellery, apparel, watches, and beauty products. Malabar Gold & Diamonds’ exceptional performance in global sales and brand value has propelled it into this distinguished list, marking a significant milestone for the brand.

Deloitte’s report highlights the dynamic changes in India’s jewellery retailing sector, the world’s second-largest market, where Malabar Gold & Diamonds has emerged as a front-runner. Celebrating 30 years of excellence, the brand boasts an extensive collection of both contemporary and traditional jewellery styles. M P Ahammed, Chairman of Malabar Group commented, “We are honoured to be recognised on the global stage by Deloitte. We remain dedicated to pushing boundaries and setting new benchmarks in the industry.”

Malabar Gold & Diamonds currently operates a global network of over 340 stores across 13 countries. The brand’s success in securing a top position in the global luxury goods ranking reflects its commitment to excellence and innovation in the jewellery retailing sector. As the brand continues to expand its presence across the globe, it aims to maintain its position as a leader in the luxury goods market.

The recognition by Deloitte further cements Malabar Gold & Diamonds’ position as a powerhouse in the luxury goods industry, solidifying its dominance in the global and Indian markets. With a focus on quality, craftsmanship, and customer satisfaction, the brand is set to continue its upward trajectory in the years to come.