May 23, 2013 6:37 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of L’azurde Group

Company Overview

L’azurde Group designs, manufactures, and sells gold jewelry for women primarily in the Middle East and North Africa. The company sells its products through stores in Saudi Arabia, the United Arab Emirates, and Egypt. L’azurde Group was founded in 1982 and is based in Riyadh, Saudi Arabia.

Al Masaref Street

Second Industrial Area

Riyadh,  11521

Saudi Arabia

Founded in 1982

Phone:

966 1 2651119

Fax:

966 1 2651020

www.lazurde.com

Key Executives for L’azurde Group

Chief Executive Officer
Executive General Manager
Compensation as of Fiscal Year 2012.

L’azurde Group Key Developments

L'azurde to Invest SAR 100 Million

L’azurde Group has announced the details of its expansion plan in the Gulf region. The company will invest over SAR 100 million through the expansion of its diamond stores network, going from 10 stores to 30 over the next three years. Through its network of retail stores L'Azurde plans to reach a share of over 40% of the Saudi jewelry market, as well as to introduce a new experience for jewelry buyers.

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