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Tuesday, 4th September 2007 (4743 views)

Jewellery retailer Pure Gold Jewellers has reported an increase in its half-year sales, it has been revealed.

According to AME Info, leading Arab jeweller Pure Gold reported a rise of 53 per cent per cent during the first six months of 2007 compared to the same period in 2006.

Furthermore, according to AME, it has predicted a sales rise of 85 per cent by the close of 2007.

"The excellent results that Pure Gold Jewellers has recorded for the first half of the year, confirm the success of the strategy we are implementing. Such strategy includes timely expansion of Pure Gold Jewellers to other parts of the region," Firoz Merchant, chairman of Pure Gold told AME.

Pure Gold also intends to incest 250 million AED (£33 million) in the coming months in an expansion programme.

It also intends to open its 100th retail outlet in the Gulf by 2010.

 

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