Goldiam International has announced the opening of its eleventh store for lab-grown diamond jewellery under the brand name 'Origem' at R City Mall in Ghatkopar, Mumbai. This expansion marks a significant step in the company's retail growth strategy and strengthens its presence in key markets.

Store Details

• Location: R City Mall, Shop/Unit G-63, Ground Floor, LBS Marg, Ghatkopar West, Mumbai-400086
• Brand: Origem

Expansion Strategy

This new store opening aligns with Goldiam International's long-term strategy of expanding its retail presence and enhancing customer engagement across key markets. The company has been steadily increasing its footprint in the lab-grown diamond jewellery sector, with this being the eleventh store in its retail network.

Previous Store Locations

Goldiam International has previously opened stores in various locations across Mumbai and other cities:

The opening of the Ghatkopar store further solidifies Goldiam International's presence in Mumbai, which appears to be a key market for the company.

Market Impact

While the specific financial impact of this new store opening is not disclosed, the expansion suggests that Goldiam International is confident in the demand for lab-grown diamond jewellery. This move could potentially contribute to increased market share and revenue for the company.

Investors and market watchers may want to monitor Goldiam International's future financial reports to assess the impact of this retail expansion strategy on the company's overall performance.

As the lab-grown diamond market continues to evolve, Goldiam International's focus on expanding its 'Origem' brand retail presence indicates the company's commitment to this growing segment of the jewellery industry.

Goldiam International has announced the opening of its ninth lab-grown diamond jewelry retail store under the brand name 'Origem' at Wave One Mall in Noida. This strategic move marks another step in the company's ongoing expansion of its retail presence and efforts to strengthen customer engagement across key markets.

Store Details

Expansion Strategy

The new store opening aligns with Goldiam International's long-term strategy to broaden its retail footprint. This expansion follows the company's earlier store launches in various locations:

• Borivali West
• Kharghar (Navi Mumbai)
• Turner Road, Bandra West (Mumbai)
• Mulund West (Mumbai)
• Fairmont Hotel, Next to T2 Terminal, Chhatrapati Shivaji Maharaj International Airport Road (Mumbai)
• Andheri Link Road, Andheri West (Mumbai)
• Bengaluru
• Noida (Central 50)

Market Impact

The continued expansion of Goldiam International's retail presence under the 'Origem' brand for lab-grown diamond jewelry signifies the company's commitment to capitalizing on the growing market for sustainable and ethically sourced diamonds. By establishing a strong retail network, the company aims to enhance its direct engagement with consumers and potentially increase its market share in the lab-grown diamond segment.

Investors and market watchers may view this expansion as a positive indicator of the company's growth strategy and its ability to adapt to changing consumer preferences in the jewelry market.

Goldiam International has stated that it will continue to update the exchanges with further developments, suggesting that the company may have plans for additional expansion in the future.

As the lab-grown diamond market continues to evolve, Goldiam International's retail expansion strategy could position the company to benefit from increased consumer interest in sustainable and affordable diamond jewelry options.