Sélim Chidiac (L’azurde): “Online, 20% of customers use the Tabby split payment solution”

Sélim Chidiac, C.E.O. of the L'azurde jewellery group, which has historically focused on wholesale, presents his strategic directions for increasing direct distribution. This includes deployment of BNPL, launch of a new website in 2023, development of QR codes in stores and a launch into digital marketplaces.

Through Sophie Baqué. Published on 28 November 2022 à 17h05 - Update on 12 December 2022 à 14h36

You joined L’azurde in 2010, after having held several positions in two FMCG companies: Procter & Gamble and Red Bull. Tell us about the retail activity of this jewellery network.

Sélim Chidiac: L’azurde is a jewellery group, which manages the brands of L’azurde, Miss L plus the Tous brand via a franchise agreement. Our core market is Saudi Arabia and Egypt. The group has been listed on the Saudi Arabian Stock Exchange since 2016. We only sell 18 and 21 carat gold jewellery. Our uniqueness is how we are vertically integrated. We operate from design to sales, through manufacturing with 3 factories (2 in Egypt, 1 in Arabia). For the past 4 years,…

This article is for subscribers only
Already have an account? Log in

You are not registered yet ?

Sign up for a free trial
free for 1 month

  • Online services : studies, analyses, databases and much more
  • Daily Briefing : latest news digest
  • Weekly letters

À lire

"At Maty, our customers can pay with the PayWish application: it’s a small revolution”