Malabar Gold ‘Brand of the Year’

Dubai : ‘Malabar Gold and Diamonds Group’ has won the coveted ‘Brand of the Year’ award at the 12th annual Superbrands tribute event, announced Superbrands, the independent authority and arbiter of branding. 

Sixty-two leading brands from the UAE were awarded Superbrands status and the 2016 Superbrands book was unveiled at the event, also dubbed the ‘Oscars of Branding’, where the UAE’s strongest brands were honoured. The event was held at the Intercontinental Hotel in Dubai Festival City.

Speaking on the win by the Malabar Gold And Diamonds Group, Mike English, Director, Superbrands Middle East said, “Malabar Gold And Diamonds scored the highest points amongst all the brands and we would like to congratulate them and wish them continued success as they continue to keep their obligation to consumers as well as to society.”

Established in 1993 in South Indian state of Kerala, Malabar Gold & Diamonds has a strong retail network of 150 outlets spread across nine countries, ten wholesale units in addition to offices, design centres and factories spread across India, Middle East and Far East. With an annual turnover of $4 billion, the company currently ranks among the world’s top five jewellery retailers in terms of annual turnover. Malabar Gold & Diamonds is vertically integrated right from bullion sourcing, product designing, manufacturing, wholesaling and finally to retailing, operating the largest jewellery store in Dubai at Gold Souk, Deira and the largest jewellery store in Middle East at Hamdan Street, Abu Dhabi.

“This year it is heartening to see so many local home grown brands and some new entrants in the market make it into the Superbrands UAE book in addition to internationally recognized brands. To be voted a Superbrand is a powerful endorsement and is evidence for existing customers, potential customers, media, suppliers, investors and employees of each brand’s exceptional status,” Mike English said.