Advanced Search

L'Azurde Eyes Expansion, Opens Flagship in Riyadh

Dec 21, 2012 3:16 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Saudi Arabia-based jeweler L’Azurde expects to invest $26.7 million (SAR 100 million) in expanding it diamond store network, tripling the number of locations to 30 in the next three years.  L’Azurde opened its flagship store in Riyadh on Olaya Street this week and during the gala launch, it reported an annual growth rate of more than 30 percent this past yearsaudi arabia.

L’Azurde produces more than 3,000 various jewelry items annually  in Riyadh, according to L’Azurde's chief executive, Selim Chidiac.  “The company is always seeking to develop new products that reflect the Saudi culture yet that are of the highest international standards,” Chidiac said.

L’Azurde's general manager, Ayman Al-Haffar, added, “The goal of our ambitious expansion in the retail sector is to provide diamond jewelry to different types of consumers and for different occasions. For example, we offer marriage sets and gem fashion sets like sapphire, rubies and pearls.”

Tags: Jeff Miller, l'azurde riyahd saudia arabia stores
Similar Articles
Hari Krishna Surat FactoryModi Inaugurates Hari Krishna Cutting Center
Apr 19, 2017
Hari Krishna Exports has become the first diamond company to open a manufacturing facility in Surat’s state-of-the-art...
richlineSamuel Aaron Jewelry Plant to Close
Jan 26, 2017
Richline Group is shutting down a jewelry-manufacturing plant in New York State following its acquisition of The Aaron...
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2017 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.