KIKO Milano expects India to enter top 3-5 markets in five years, plans to double store network
KIKO Milano anticipates significant growth in India, aiming to reach the top three to five global markets in five years. Currently, the brand operates 10 exclusive outlets and plans to double this number by 2026. The online sales channel contributes over 40 percent to KIKO's India business, which is significantly higher than the global average. KIKO is launching an India-focused Diwali collection while planning more localized products for Indian consumers.
Italian beauty brand KIKO Milano expects India to become one of its top three to five global markets over the next five years, as it accelerates store expansion , builds its omnichannel presence and localises its assortment for Indian consumers. India, which entered KIKO Milano’s portfolio less than 18 months ago through its partnership with Reliance Retail , is currently outside the brand’s top 10 markets but is expected to enter the top 10 soon, said Simone Dominici , Global CEO, KIKO Milano. “We expect India to be in the top 10 soon and then, in the medium term, let’s say five years, probably, India will be in the top three-five markets,” Dominici said. Advt
KIKO currently has 10 exclusive brand outlets (EBOs) in India and expects to reach 19 by the end of 2026, effectively doubling its store network year-on-year. Including its presence on Reliance’s beauty platform Tira, the brand is currently present across 19 locations. Globally, KIKO operates around 970 directly operated stores and 450 franchise stores, taking its network to more than 1,400 stores.
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