Levant reports 25% growth in Q3

The increase in arrival of visitors to the UAE especially from the Chinese and Russian markets, the top two clienteles of the brand, contributed to the growth. Last year, 30% of the income generated by LEVANT was contributed by the Chinese, followed by the Russians and the Arab consumers. The growth is expected to continue until the last quarter of this year due to the upcoming festive seasons.

With seven boutiques and three fashion stores located in top five-star hotels and prestigious shopping malls across the city, the company plans to open three new boutiques in 2013 as part of its expansion plans and other stores are undergoing renovation to cater to the demands of their exclusive market and meet their customer's expectations.

Arif Ben Khadra, Chairman of LEVANT said: "The year 2012 has been very promising for Levant with a growth of 25% as compared to last year. We are very optimistic that the last quarter of 2012 will also bring positive results because it is the high season in terms of visitor arrivals to the UAE. The growth indicates that Levant has now established itself as a leading and fastest growing retailer of luxury jewellery and watch brands in the region."

Established in 2006, LEVANT brings together exclusive brands of exquisite and quality crafted jewellery, time piece and fashion collection for its distinguished and discriminating clientele. It has the world's best in jewellery - blue, pink and yellow diamonds plus gemstones from esteemed suppliers in America and across Europe.

The mark of luxury, the jewellery collections at LEVANT are carved out of quality materials with spellbinding artistry and innovation. All the dazzling brands and amazing watch collections are of renowned manufacturers like Leviev, Scavia, Palmiero, Loree Rodkin, Schoeffel, Jacob & Co., Ulysse Nardin, Gavello, Giorgio Visconti, Dewitt, Kern, Quinting, Sarcar and so on. LEVANT's collection of jewellery and watches imparts a mesmerizing elegance.

LEVANT boutiques showcase collections whose styles range from classic to contemporary, while their beauty embraces the glamorous and stunning to scintillating and delicate. Blending the most precious materials such as gold and platinum and highlighted by select diamonds, including blue, pink and yellow diamonds, besides rare and exotic gemstones it presents a breathtaking array of intricately designed necklaces, earrings, bracelets, rings and sets.