Nykaa to triple physical store count over next three years
CEO Falguni Nayar said FSN E-Commerce Ventures' Nykaa plans to roughly triple its store footprint from around 80 outlets over three years, doubling down on offline retail as a key growth avenue to complement its core online beauty and fashion platform.
Nykaa plans to roughly triple its physical store count from around 80 over three years, CEO Falguni Nayar said, positioning offline retail as a key growth avenue complementing its core online beauty and fashion platform.
Why this matters
The offline push follows Nykaa's takeover of Kiehl's India operations under an exclusive L'Oreal Luxe deal, signaling a broader strategy to deepen its physical retail and premium brand presence.
Store openings holding steady with 442 signals tracked over the past 90 days.