Nykaa takes over Kiehl’s India operations in expanded L’Oréal tie-up
Nykaa has taken over Kiehl’s India operations as it expands its role with L’Oréal, deepening the partners’ operating and distribution relationship in India’s premium beauty market.
Nykaa has expanded its role with L'Oréal by taking over Kiehl's India operations, signaling a deeper operating and distribution partnership in India’s premium beauty retail market.
Why this matters
The move builds on recent signals covering Nykaa’s Kiehl’s India takeover and the February 2026 L’Oréal Luxe deal, indicating a deeper operating role for Nykaa in L’Oréal’s premium beauty distribution.
Retail-brand signals are accelerating, up +335600% QoQ.