Malabar diamonds

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About us

Malabar Gold & Diamonds is the flagship company of Malabar Group. It was established in 1993 in Kozhikode, Kerala. Today, it has a strong retail network of over 260 outlets spread across 10 countries, 10 wholesale units in addition to offices, design centers and factories spread across India, Middle East & Far East. The company currently ranks among the BIG 5 jewellery retailers globally.

Malabar Gold & Diamonds is also vertically integrated comprising of bullion desk, design centers, manufacturing, distribution, retail and after sale services. This enables the retailer to offer its customers products and services that are unique, in addition to unmatched value and quality.

Malabar Gold & Diamonds manages its operations in India out of the HQ located in Kozhikode, Kerala and its international operations from the corporate office located in Dubai, UAE. The operations are further supported by regional offices in other Indian states and across the other countries where it is present.

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Sours: https://www.malabargoldanddiamonds.com/us/

Malabar Gold and Diamonds

Indian jewellery group

Malabar Gold and Diamonds New Logo.jpg
TypePrivate
IndustryJewellers

Number of locations

250 showrooms

Area served

India, United States, UAE, Singapore, Kuwait, Bahrain, Oman, Qatar, Saudi Arabia, Malaysia
ProductsGold, Diamonds and Silver
RevenueIncrease $4.51 Billion [1]
OwnerM. P. Ahammed

Number of employees

13,000
WebsiteMalabar Gold and Diamonds

Malabar Gold and Diamonds is a BIS certified Indian jewellery group headquartered in Kozhikode, Kerala, India. It was founded by M. P. Ahammed in the year 1993.[2] The company has more than 260 showrooms across 10 countries at present which makes it one of the largest chain of jewellery stores in the world.[3] The company also owns a network of luxury watch boutiques across India, which operates under the name Malabar Watches.[4][5]

History[edit]

The Malabar Gold Company was established in the year 1993. It has over 260 showrooms across the world currently and the number of outlets.[6] The Malabar Group has been on an expansion since 2000 and more showrooms are expected to be opened in India, Southeast Asia, the Middle East, and in the United States.[7] The brand is mainly committed to India, the Gulf and Far East markets.[8]

In 2005, the company was reported to be a group worth Rs. 500 crore.[9]

In 2012, the company had a turnover of Rs. 12,000 crore and by the end of 2013, it posted a turnover of Rs. 22,000 crore.[10]

In 2017, the Malabar Group had opened 27 outlets across nations.[11]

On 12 January 2018, the company opened 11 outlets in a single day across the globe setting a new record. The number of outlets reached 208 with this launch.[12] Out of the 11 outlets opened, 8 were located in the Gulf region. The new showrooms were established in AL-Hazana Lulu, Al-Khail Mall, Al- Buhaira Lulu, Ajman City Centre and Sahara Centre in the UAE, Lagoona Mall and Mall of Qatar in Qatar, AMK Hub in Singapore, Muscat City Centre in Oman, Warrangal in Telangana, and in Ampang Mall in Malaysia.[13]

It took the company around 25 years to open 215 outlets across 9 countries of the world.[14] Out of all the countries, India is where it has the highest number of outlets and the Indian market accounts for about a third of the company’s revenue.[15] The first brand ambassadors of Malabar Gold were tennis star Sania Mirza and Malayalam actor Mohanlal.[10]

In November 2018, Malabar Gold & Diamonds made its entry into the U.S. market with an outlet in Chicago that was inaugurated by Neeta Bhushan, Counsel General of India.[16] This was the 250th outlet of the group.[17]

Malabar Gold & Diamonds legally converted its UAE operations covering Saudi Arabia, Bahrain and Oman into 100% ownership.[18]

Founder[edit]

M. P. Ahammed is the founder of Malabar Gold & Diamonds. He is also the chairman of the company. He was born on 1 November 1957 in Kozhikode, Kerala. He ventured into business at the age of 17 with an agro farming company. In 1981, he started trading spices and copra (dried kernel of coconut). M. P. Ahammed has two children with his wife Subaida K.P. His son Shamlal Ahammed is the company’s Managing Director of International Operations.[19] At the age of 36 (1993), he established Malabar Gold with a revenue of 50 lakhs in his home town Kozhikode.[20]

Products[edit]

Malabar Gold and Diamonds deals in a variety of gold, diamonds, silver, and lifestyle articles.[21] The brand’s exclusive collection of jewelry is named:

  • Mine: Diamond Jewelry
  • Era: Uncut Diamond Jewelry
  • Divine: Indian Heritage Jewelry
  • Ethnix: Handcrafted Designer Jewelry
  • Starlet: Kid’s Jewelry
  • Precia: Precious Gem Jewelry

Malabar Gold and Diamonds specializes in Kashmeera, Meenakari, Kunadan, Turkish, and traditional crafted jewelry.[22]

Stores[edit]

Malabar Gold & Diamonds has showrooms located throughout India in all the major cities such as Delhi, Gujarat, Andhra Pradesh, Haryana, Karnataka, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Uttar Pradesh, West Bengal, and Punjab. Besides India, it also has showrooms in Bahrain, Kuwait, Malaysia, Oman, Qatar, Saudi Arabia, Singapore, and UAE.[23] It entered into the U.S market in 2018.[24]

Brand ambassadors[edit]

Notable achievements[edit]

Malabar Gold & Diamonds was one of the manufacturing concessionaries of the “Dubai Celebration Chain” that set a new Guinness World Records in 2015.[35] The 5.52 km long chain weighed 240 kilograms and had over 4 million links. It was completely handcrafted.[36] Malabar Gold & Diamonds created 2.5 km of the chain.[37] The Dubai Celebration Chain was presented at the Dubai Shopping Festival 2015.[38]

Malabar Gold & Diamonds opened 11 outlets in 6 different countries in a single day.[39] The 11 showrooms were inaugurated on 12 January 2018.[40] The number of Malabar outlets crossed 200 with this launch.[41] Bollywood actor Anil Kapoor participated in the celebrations by inaugurating the outlet at Al Hazana Lulu Dubai.[42][43] The actor will also be seen in the upcoming series ‘’Malabar Promises’’, produced by Malabar Gold & Diamonds which will be live soon.[44] The new outlets were opened in UAE (Al Khail Mall, Al Buhaira Lulu Mall, Al Hazana Lulu Mall, Ajman City Centre, Sahara Centre), Qatar (Mall of Qatar, Lagoona Mall), Oman (Muscat City Centre), Singapore (AMK Hub), Malaysia (Ampang Mall), and Telangana (Warrangal).[45][46][42]

Malabar Gold & Diamonds opened its 14th store in Qatar on Fareej Al Nasr Street.[47]

Social causes and associations[edit]

The Malabar group is involved with Green Thumb, a brand that produces organic farming products and Eham Digitals, an electronic And gadgets and home appliances company.[48]

CSR[edit]

5% of the profits generated by Malabar Group are devoted to the CSR[clarification needed] activities in the fields of health, women empowerment, education, housing, and environment.[42][49]

Malabar Gold & Diamonds contributed AED 10 million ($2.72 million) to Al Jalila Foundation, a global philanthropic organization dedicated to transforming lives through medical education and research.[50] The contribution was made to support research in diseases and disorders in the United Arab Emirates.[51]

Malabar Gold & Diamonds associated with Al Baraha Hospital on 11 December 2015 to conduct free health check-up and blood donation camps. The camp was also aimed at spreading awareness on the importance of well-balanced diet.[52]

Malabar Gold & Diamonds actively participates in CSR activities in Dubai region.[53] The group particularly engages in activities concerning the differently abled.[54]

Malabar Gold & Diamonds distributed over 1,14,000 special Iftar meals/kits during the auspicious month of Ramadan this year(2019). This was done in association with like-minded organizations from the different countries where the activity was planned.[55]

Malabar Gold & Diamonds sponsored the tickets of 100 prisoners to facilitate their repatriation.[56] The prisoners were those who had completed their jail terms at the Ajman Central Jail.[57]

Malabar Gold & Diamonds organized a blood donation drive on December 26 near one of their outlets in Qatar.[58]

In 2018, the Malabar Group made a contribution of Rs. 2 crore to Kerala Chief Minister’s distress relief fund to help cope up with the devastating flood in the state. The group also distributed food and water among the victims through its Malabar Gold & Diamonds outlets across the state.[59]

Malabar Group donated one crore to the Telangana Chief Minister Relief Fund to help in the battle against coronavirus pandemic.[60]

Malabar Gold & Diamonds has been actively helping the needy with essential grocery kits across the states of Andhra Pradesh and Telangana.[61]

Malabar Gold & Diamonds distributed over 15,000 food kits comprising essential items such as rice, lentils, oil and spices, to workers in the Gulf and East Asia during the COVID-19 crisis.[62][63][64][65]

Malabar Gold & Diamonds donated Rs. 1 crore to the PM Care Fund to support the COVID-19 pandemic relief measures.[66]

Awards and recognition[edit]

The Malabar group has been awarded with the “Super Brand”award for five consecutive years.[67][68][69] Malabar Gold and Diamonds has also received an award by the 'Retail Jewellers India' organization in 2017 for their special contributions to the gemstone and jewellery industry.[70]

In the year 2013, Malabar Gold & Diamonds’ “Brides Of India” campaign won the award for the “Best Advertising Campaign of the year - Audio/Visual.[71]

On 21 February 2014, Malabar Gold & Diamonds was awarded with the Best Retail Chain of the Year award by the All India Gems and Jewelry Trade Federation.[72]

Malabar Gold & Diamonds was honored by the Dubai Municipality for its “Clean up the World 2014” public awareness campaign.[73]

Malabar Gold & Diamonds was honored by the Dubai Police with a special memento for its outstanding CSR activities in the region.[74]

Recently, Malabar Gold & Diamonds was recognized as one of “The Economic Times Best Brands 2019”.[75]

Incidents[edit]

On 20 May 2016, the Rolla outlet of Malabar Gold and Diamonds in Sharjah, UAE was robbed. Four thieves broke into the store and made away with 7 kg of gold jewellery kept in display glass counters, around 3:50 am.[76]

The Sharjah Police arrested 3 Pakistani nationals, who were involved in the robbery. One of their accomplice had fled the country a few hours after the incident.[77] The stolen gold was seized from the Jebel Ali Port, from where the gang members planned to send it to Pakistan by cargo.[78]

Expansion plans[edit]

Malabar Gold & Diamonds plans to triple its outlets from 250 to 750 by 2023.[79] With this, the company aims to reach a turnover of $6.85 billion.[80] As a part of its FY2023 global expansion plan, Malabar Gold & Diamonds aims to open 21 new stores in the next 6 months.[81] The plan was laid down in October 2018.[82]

Presently operating in 10 countries, Malabar Gold & Diamonds aims to expand its retail network to all Tier-1 and Tier-2 cities in Northern and Central India and to international markets including Sri Lanka, Canada, Bangladesh, Australia, Turkey, and Egypt.[83]

The expansion will also double its employee strength from 13000 to 25000.[79]

As on January 22, 2020, Malabar Gold & Diamonds targets to become the world’s largest jewellery chain with revenue of Rs. 50,000 crores within the next three years. This it aims to achieve by doubling the number of showrooms in India and entering 10 more countries.[84]

References[edit]

  1. ^"Forbes - Malabar Gold and Diamonds". Forbes. 20 February 2018.
  2. ^"Three of India's wealthiest jewelers hail from Kerala, but that's hardly surprising". The News Minute. 2 July 2015.
  3. ^"Kareena Kapoor to inagurate [sic] Dubai's 122nd outlet of Malabar Gold & Diamonds today". Times of India. 20 December 2014.
  4. ^"Malabar Watches Pvt. Ltd, a branch of Malabar Gold and Diamonds". Retrieved 11 February 2019.
  5. ^"Malabar Group Headquarters wins Forbes design award".
  6. ^"Malabar Gold and Diamonds to triple outlets to 750". www.navhindtimes.in. Retrieved 16 October 2018.
  7. ^News - Arab News - 21 February 2017
  8. ^"Malabar Gold & Diamonds announces AED335mn expansion plan".
  9. ^"Malabar Gold: From Rs50 lakh to Rs22,000 crore in just 20 years!".
  10. ^ ab"Malabar Gold: From Rs50 lakh to Rs22,000 crore in just 20 years!".
  11. ^"Malabar Gold to open 50 outlets in 2018 to hit major milestone".
  12. ^"Malabar Gold & Diamonds opens 11 outlets across the globe in a day".
  13. ^"Malabar Gold & Diamonds opens outlets in 6 countries on the same day". 12 January 2018.
  14. ^"The Dubai-based Indian retailer that's now bigger than Tiffany's". 11 May 2018.
  15. ^"The Dubai-based Indian retailer that's now bigger than Tiffany's".
  16. ^"Malabar Gold & Diamonds makes grand entry into US market".
  17. ^"Malabar Gold & Diamonds opens its 250th outlet in Chicago".
  18. ^"It's Now Fully owned in UAE!".
  19. ^"Stars of the South".
  20. ^"Top 6 jewellers who control India's gold".
  21. ^"Malabar Gold & Diamonds strengthens its CSR activities this Ramadan".
  22. ^"Malabar Gold and Diamonds - Case Study - Marketing Strategies".
  23. ^"Malabar Gold & Diamonds".
  24. ^"Malabar Gold & Diamonds enters USA with Chicago store".
  25. ^"Kareena Kapoor Khan launches new Malabar Gold and Diamonds store in Delhi". Ten News. 27 April 2018.
  26. ^"'Dream Girl' Hema Malini glitters at Malabar". The Hindu. 23 July 2012.
  27. ^"Tennis player Ms. Sania Mirza as brand ambassador of Malabar Gold". 21 November 2005.
  28. ^"Actress Tamanna inaugurates 137th showroom of Malabar Group in AP". 3 November 2015. Retrieved 27 April 2019.
  29. ^"Kajal Aggarwal inaugurates Malabar Gold And Diamonds showroom in Tirunalveli". 13 April 2015.
  30. ^"Manushi Chhillar Announced The Brand Ambassador of Malabar Gold And Diamonds". Silverscreen. 5 April 2018.
  31. ^"Ilaiyaraja ready for concert in Madurai if he gets sponsors".
  32. ^"Mohanlal Launches Ethnix and Era Jewellery Brands for Malabar Gold".
  33. ^"UAE- Anil Kapoor is Malabar Gold & Diamonds' new Brand Ambassador".
  34. ^"Malabar Gold & Diamonds signs Anil Kapoor as brand ambassador".
  35. ^"Say hello to Dubai's latest world record, a 5km-long handmade gold chain".
  36. ^"Dubai Gold and Jewellery Group unveil the world's longest handmade gold chain".
  37. ^"Dubai's golden World Record: 5km-long gold chain".
  38. ^"Will you buy gold in 2015 as prices projected to come down?".
  39. ^"Malabar Gold & Diamonds opens 11 outlets across the globe in a day".
  40. ^"Malabar Gold & Diamonds To Make History By Opening 11".
  41. ^"Malabar Gold & Diamonds to Make History by Opening 11 Showrooms in 6 Countries in a Day".
  42. ^ abc"Malarar Gold & Diamonds Strengthens Its Global Position As Leading Retailer With 208 Outlets".
  43. ^"Malabar strengthens its global position".
  44. ^"Anil Kapoor is the brand new ambassador for Malabar Gold and Diamonds".
  45. ^"Malabar Gold & Diamonds' outlets now total 208 after new launche".
  46. ^"Malabar Gold & Diamonds Makes Historic Gain, Opens 11 Showrooms in a Day Across 6 Countries; Crossing Milestone of 200 Showrooms Globally".
  47. ^"Malabar Gold & Diamonds opens new store in Qatar".
  48. ^"Film actor Dulquer Salman inaugurates Eham Digital in Dubai". 17 November 2017.
  49. ^"Malabar Gold donates AED10m to Al Jalila Foundation".
  50. ^"Al Jalila foundation gets Dh10m donation".
  51. ^"Malabar Gold donates AED10m to Al Jalila Foundation".
  52. ^"Malabar Gold & Diamonds associates with Al Baraha Hospital to conduct free health check-up& blood donation campaign".
  53. ^"Dubai Police honours Malabar Gold".
  54. ^"Malabar Gold & Diamonds honoured by Dubai Police".
  55. ^"UAE- Over 114,000 benefitting now from Malabar Gold & Diamonds CSR Initiatives with Sajaa Iftar camp expansion".
  56. ^"Jewellery firm helps needy prisoners travel home".
  57. ^"Jewellery firm helps needy prisoners travel home".
  58. ^"Qatar- Malabar Gold & Diamonds holds blood donation drive".
  59. ^"Malabar Group to donate Rs2cr to Kerala CM's distress relief fund". artofjewellery.com. Retrieved 26 May 2020.
  60. ^India, The Hans (16 April 2020). "Hyderabad: Malabar group donates 1 crore to CMRF". www.thehansindia.com. Retrieved 16 April 2020.
  61. ^AuthorTelanganaToday. "NATCO Pharma donates RS 4 cr worth medical equipment to Telangana". Telangana Today. Retrieved 16 April 2020.
  62. ^"Malabar Gold distributes food kits across GCC & Far East". Times of Oman. 4 May 2020. Retrieved 13 May 2020.
  63. ^"Coronavirus: Dubai-based Malabar Gold and Diamonds pledges 2.5 million meals to the needy". gulfnews.com. Retrieved 13 May 2020.
  64. ^"Covid-19 in Oman: Malabar Gold & Diamonds distributes food kits to the needy". The Arabian Stories News. 2 May 2020. Retrieved 12 May 2020.
  65. ^hermes (8 May 2020). "Malabar Gold & Diamonds distributes food kits". Tamil Murasu. Retrieved 12 May 2020.
  66. ^"Malabar Diamonds donates Rs 1 cr to PM Fund". Business Standard India. Press Trust of India. 11 May 2020. Retrieved 20 May 2020.
  67. ^"Malabar achieves Superbrand status". Gulf Times. 12 June 2013.
  68. ^"Malabar Gold & Diamonds wins Superbrand award for 5th time". Muscat Daily. 20 September 2017.
  69. ^"Malabar Gold & Diamonds recognized as the Superbrand' 5th time in a row by Superbrands Council".
  70. ^"Malabar Gold & Diamonds bags top Indian award". Gulf Times. 12 August 2017.
  71. ^"MALABARGOLD & DIAMONDS BAGS AWARD FOR 'BEST RETAIL CHAIN'".
  72. ^"Malabar Gold wins best retail chain award".
  73. ^"Malabar Gold & Diamonds Honoured for its Clean-Up Act".
  74. ^"Malabar Gold & Diamonds honoured by Dubai Police".
  75. ^"Malabar Gold & Diamonds recognised as one of 'Best Brands 2019".
  76. ^"Malabar outlet in Sharjah robbed". Emirates24/7 News. 23 May 2016.
  77. ^Abdullah, Afkar (24 May 2016). "Malabar Gold heist: 3 held, 1 at large, jewellery recovered". Khaleej Times.
  78. ^Mohammad El Sadafy (23 May 2016). "Malabar Gold Heist: Thieves on visit visa moved gold to Jebel Ali Port". Emirates24/7 News.
  79. ^ ab"Malabar plans $960m expansion to six new countries".
  80. ^"Malabar Gold discloses further global expansion".
  81. ^"Malabar Gold & Diamonds Continues Expansion".
  82. ^"Malabar Gold & Diamonds continues global expansion".
  83. ^"Malabar Gold to triple retail footprint by 2023".
  84. ^"Malabar Gold & Diamonds aims to become world's largest jeweller in three years".

External links[edit]

Sours: https://en.wikipedia.org/wiki/Malabar_Gold_and_Diamonds
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Bottom Line Recommendation

It is true that we recommend purchasing a diamond online instead of going to a physical retailer. You will get better bang for your buck purchasing from a reputable online retailer like Blue Nile or James Allen.

That said, there are many better options than Malabar Gold & Diamonds. Their service and quality were below standard and their prices ranged from high to obscene. I can see no valid reason to purchase from them. Every other place we secret shopped in Singapore provided a superior experience (and we have no relationship with any of those retailers).

The History

Malabar Gold and Diamonds is a BIS certified Indian jewellery group headquartered in Kozhikode, Kerala, India. The Malabar Group of Companies was founded by M. P. Ahammed in the year 1993. He is also the company’s current chairman. Malabar Gold and Diamonds has more than 250 showrooms across 10 countries at present and it is one of the largest chain of jewellery stores in the world. The company also owns a network of luxury watch boutiques across India, which services under the name Malabar Watches.

The Malabar group has been awarded with the ‘Brand of the Year’ award by Superbrands for five consecutive years (2013 – 2017). Malabar Gold and Diamonds has also received an award by the ‘Retail Jewellers India’ organization in 2017 for their special contributions to the gemstone and jewellery industry.

In 2015, Malabar Gold company in Dubai, UAE created a Guinness World Record by producing the world’s longest handmade gold chain. The 22-carat gold chain, named as the ‘Dubai Celebration Chain’ measured up to 5 kilometres long, weighed 240 kilograms and had over 4 million links, which took 100 craftsmen over 45 days to produce.

The Experience

Outside Malabar Gold & Diamonds

Malabar Gold & Diamonds was the largest jeweller in Little India (as well as the most popular based on our internet research), so we used them as an excuse to explore a new neighborhood in Singapore. While we were charmed by the neighborhood, our experience at Malabar was about as far from charming as you can get.

We first tried their shop on Syed Alwi Rd. Despite listing their opening time at 10:30, we showed up at 11:00am and they were all standing around. We were rudely told that we need to wait for 10 minutes. It didn’t look like there was any chance they will be ready in 10 minutes, so we went to their larger location on Serangoon Rd. This store was open and ready for business.

Inside Malabar

The store is bright and has an abundance of gold on display. We wandered around the store until we found a small display in the back corner for diamonds. We looked at the showcase for a solid ten minutes without anyone offering to help us. Finally we asked for some help. This was a first for me. It boggles my mind that you would let someone walk into your store who is looking at the most expensive items you sell and completely ignore them.

Inside Malabar Gold & Diamonds

The salesperson came over and we asked to look at a couple of rings they had there. The salesperson did not look happy to be there or to have to deal with us. Every question was brusquely answered.

The Product

We may have been able to overlook Malabar’s failings at customer service had their diamonds been top notch. They were decidedly not. The first diamond we looked at was a 1.00ct G color VS1 clarity round diamond. The diamond was mounted in a three stone gold setting with 0.41ctw sidestones. The total price for the ring was 16,482 sgd.

The first ring we saw at Malabar

This was the worst cut diamond we saw while secret shopping in Singapore. Depth is the most important characteristic when looking at a diamond’s cut (you can read about this topic in our cut article). This diamond was incredibly deep (66%), causing the diamond to look much smaller than a typical 1ct diamond and made the diamond dark. It was lacking in brilliance and had a dead look to it.

The second engagement ring we looked at was a white gold twisted solitaire setting. The ring had a 0.50ct D color, VS1 clarity round diamond mounted in it. Once again, the diamond was very poorly cut. The price for this ring was 3,219 sgd.

The Value

So the service was underwhelming and the quality of the diamonds was subpar. How did they stack up in terms of value? Let’s start with the first ring we looked at: The 1.00ct G color, VS1 clarity round diamond in a three-stone ring for 16,482.

1.00ct G color, VS1 clarity round diamond at Malabar

Here is a 1.00ct G color, VS1 clarity round diamond from Blue Nile for 6,900 sgd. This diamond is just as poorly cut as the diamond from Malabar. I would never recommend this diamond. I am just showing you a diamond for an apples to apples comparison. You can add it to this three stone setting for a similar look to the ring from Malabar. The sidestones are smaller, but you get the idea. The total price is 8,120 sgd. The ring from Malabar is double the price of this ring.

If you would prefer to see how you can get better bang for a 16k budget, take a look at this diamond. Here is a stunning 1.30ct G color, VS1 clarity round diamond from Blue Nile. This diamond is 30% larger and far superior in brilliance. You can have this diamond set in the same setting and still save more than 10%.

The second diamond we looked at was a 0.50ct D color, VS1 clarity round diamond in a twisted solitaire gold setting. Here is a similar diamond for 1,866 sgd from Blue Nile. If you add it to this solitaire setting, the total price comes out to 2,524 sgd. This ring doesn’t have as much of disparity as you did with the first ring, but it was still 30% more expensive.

In Conclusion

I recommend buying diamond jewelry online for several reasons. First, reputable online jewelry retailers like James Allen and Blue Nile offer excellent value for money. Second, you’re able to see exactly what you’re getting, with detailed information about each diamond and setting.

Third, while there’s no hands-on customer service, it’s usually easy to find the help you need to make an informed, smart diamond purchase. Fourth, there’s a huge selection of different diamonds and settings available to choose from.

Our experience at Malabar Gold & Diamonds in Singapore really exemplifies the advantages of shopping online. We experienced bad service (including a shop that wasn’t ready for business a full 30 minutes after its opening time), a limited selection and extremely bad value for money.

Final Thoughts

I can see no valid reason to buy diamond jewelry from Malabar Gold & Diamonds. The selection is limited, the service is poor and the diamonds were low in quality and around twice the price of similar options online.

In short, Malabar Gold & Diamonds is not recommended. By buying from an online retailer such as James Allen or Blue Nile, you’ll save about 50% compared to what you’d pay at Malabar, all while enjoying a wider range of options and significantly higher quality diamonds.

About the author

Michael Fried

Michael Fried

Mike learned the diamond business from the ground-up at Leo Schachter Diamonds - one of the world's top diamond manufacturers. He has been recognized as a diamond industry expert by Time, People, Money, The Daily Mirror, NerdWallet, The Times Herald, Yahoo Finance Australia, The Art of Charm, The Washington Diplomat, The Next Web, and more.

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