Damas Uk

Company Description

The Group is an international integrated jeDamas Ukllery and watch retailer operating in about 18 countries with around 450 stores, and the leading jewellery and watch retailer in the Middle East, based on number of stores. The Group�s network of retail outlets includes subsidiaries predominantly in the Middle East, India and Italy, Jointly controlled entities and Associates in countries across the Middle East, Europe, North Africa and other regions. The Group�s stores offer the Group�s own branded products as well as products sold under leading global and regional luxury brands. The Group sells jewellery and watches through three main distinctive store formats, each of which is tailored to a specific type of customer. � Les Exclusives stores, which cater to high net worth consumers through products that include some of the world�s most exclusive luxury brands, for jewellery and watches, and some of the Group�s own brands; � Semi-Exclusives stores, which cater principally to upper-middle income consumers such as tourists and expatriate professionals and office workers, through products that include well known international jewellery brands of wider appeal, in addition to regional brands and the Group�s own labels; and � Damas 22K stores which cater mostly to middle income and working class immigrant populations, primarily of South Asian origin, and primarily offer jewellery under the Group�s own brands and regional brands. In addition to the three principal store formats, the Group has other stores, such as watch stores and monobrand stores, as well as Damas Kids for children and parents, duty-free shops, a point of sale in the Saks Fifth Avenue department store at Bur Juman shopping centre in Dubai and other individually branded small stores such as Taif Jewellers, Marhaba Jewellery and Farhan Jewellers etc.