Sri Jagdamba Pearls launches Bengaluru store in Lulu Mall (#1687789)

Pearl jewellery brand Sri Jagdamba Pearls has opened an exclusive brand outlet in Bengaluru’s Lulu Mall. The launch brings the brand’s brick-and-mortar store total in the metro to two and its inauguration was attended by notable brand executives. 

“From our humble beginnings with the first store in Bengaluru at Forum South, we take immense pride in opening our second retail outlet in the city at Lulu Mall, driven by the overwhelming response and excitement from our customers,” said Sri Jagdamba Pearls’ managing partner Avanish Agarwal in a press release. “Our team is dedicated to offering an unparalleled retail experience, catering to customer needs with personalized service and customisation.”

The brand’s store launch was graced by Sri Jagdamba Pearls’ marketing and retail head Deepak Kumar and managing partner Yash Agarwal. The brand’s products are priced from Rs 600 to Rs 3 lakh and include bracelets, rings, necklaces, pendants, and earrings for men, women, and children. 

The international pearl jewellery market is expected to experience significant growth and reach a valuation of $24.37 billion by the year 2030, up from its 2022 valuation of $8.5 billion. “The potential for growth in this segment is immense, as the pearl market remains largely unorganised, dominated by small players, and often lacks standardized quality and consumer trust,” said Agarwal.

Sri Jagdamba Pearls was established in 1924 and specialises in pearl and gemstone jewellery. On December 20, Sri Jagdamba Pearls launched its ‘End of Season Sale’ across its stores which includes ‘buy one get one free’ offers on select products and will run until January 5, 2025.