Gold jewellers posts 58% increase in sales
Middle East: Monday, February 11 - 2008 at 09:07
Pure Gold Jewellers, one of the region's leading jewellers, announced their annual profits have increased by double digit.As the year came to an end, company executives say that they have entered the New Year with great confidence. According to experts, the most significant growth rate this year was in the diamond jewellery. Firoz Merchant, Founder and Chairman of Pure Gold Jewellers said 'We are well on target toward our goal of operating 100 stores by 2010, reaching our planned 60 stores this past year. We also launched new multiple stores in Kuwait last year.' Pure Gold Jewellers has disclosed its plan to initiate major projects in the UAE by the year's end. The jewellers have planned to open a luxury sunglasses boutique under the name 'La Moda,' which will open its 1st store in the new luxury five-star Westin Hotel in the UAE beginning in March.
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Amena Bakr, Senior ReporterMonday, February 11 - 2008 at 09:07 UAE local time (GMT+4)
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