July 26, 2014 5:55 AM ET

Specialty Retail

Company Overview of Damas International Limited

Company Overview

Damas International Limited, together with its subsidiaries, operates as an integrated jewellery and watch retailer primarily in the Middle East. It trades in gold and gold jewellery, diamond jewellery, pearls, watches, silver, and precious stones on a wholesale and retail basis. The company also offers anklets, bangles, bracelets, brooches, cufflinks, earrings, hair clips, mobile charms, necklaces, pendants, punjas, and rings. In addition, it provides corporate gifts comprising business gifts, gold foil collections, recognition and customized gifts, awards and trophies, objects of art, and packaging, such as bags, boxes, and pouches. As of March 31, 2011, the company had 325 stores. Damas I...

Jumeirah Lake Towers

DMCC, Damas Building

Block No 3 1st Floor

PO Box 1522

Dubai,  

United Arab Emirates

Founded in 1907

Phone:

9714 427 0554

Fax:

9714 427 0570

Key Executives for Damas International Limited

Chief Executive officer
Executive Chairman and Chairman of Executive Committee
Chief Financial Officer
Chief Restructuring Adviser
Company Secretary
Compensation as of Fiscal Year 2014.

Damas International Limited Key Developments

Damas Mulls Acquisitions

Damas International Limited is looking to expand its reach into key Far Eastern markets. Anan Fakhreddin, Chief Executive Officer of Damas International said that Damas International may seek acquisitions to speed up the development.

Damas International Limited Unveils First Folli Follie Abu Dhabi Store in Al Wahda Mall

Damas International Limited has inaugurated the first ever Abu Dhabi branch of Folli Follie, opening up at Al Wahda Mall. Reflecting Folli Follie's design philosophy and global style concept, the store adopts a fashionably stylish orange and white color scheme that brings out the exquisiteness of the stunning collections. open and inviting format provides a comfortable ambience to customers as well as a refreshing shopping experience to fashion lovers. The store's innovative design and aesthetics feature moveable panels that showcase the brands products while adding a playful element to the store.

Similar Private Companies By Industry

Company Name Region
Joy Alukkas Jewellery (L.L.C) Middle East/Africa
FADAR Retail LLC Middle East/Africa
Mostafa Bin Abdullatif Group LLC Middle East/Africa
Flemingo International Ltd. Middle East/Africa
Al Huzaifa Furniture Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 5, 2014
--
Merger/Acquisition
February 18, 2014
--
 

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