Flawless to expand retail at $20 million

Flawless Diamond is planning a $20 million retail expansion in the Gulf, Europe, and the United States, by launching new outlets, enhancing its portfolio and expanding its online deliverables. A subsidiary of the company will be set up in Dubai to tap and explore the opportunities in the three regions.

The company has outlined opening 75 retail outlets and manufacturing facilities, within the next two years. It intends to trade in life-style products; platinum, gold and silver jewellery lines; watches and men’s accessories.

Cost cutting is one of its ways also to ensure a more profitable business.