The Italian fast-beauty brand is in talks to bring in a minority investor to help fund growth in India, the Middle East and Asia.
via Kiko Milano May Bring in New Investor to Fund Growth — The Business of Fashion
Source: Intu
Italy’s beauty sector isn’t as well known as its fashion and luxury industry. I too, having only lived in Asia and the Middle East prior to this had never heard of Kiko Milano. Nonetheless, I am a fan now after coming to Milan and trying the brand out for myself, and so I was pleasantly surprised after reading this article (at least this might mean being able to head back over the holidays and stock up on makeup!).
A point I found quite interesting however was the fact that Kiko filed for bankruptcy in the US and had to close 27 out of 30 stores, I wasn’t aware they were struggling so much in the American market. In Milan at least, they recently opened a new store on Corso Vittorio Emanuele II – the second Kiko on that same street. In fact, if you walk further down past the Duomo, you’d find yet another on Via Torino; that’s 3 Kikos, all of which are about 5 minutes away from each other.
sushi moda 