Kiko Milano news and archive

L Catterton acquires majority stake in Kiko Milano

LVMH investment vehicle, L Catterton, has announced the acquisition of a majority stake in the Italian beauty brand Kiko Milano from the founding Percassi Family. The Percassi Family will retain a significant stake in the Company and specific terms of the deal have not been disclosed. Established in Bergamo, Italy, in 1997 by Antonio and Stefano...

Retail|Beauty

Kiko Milano continues expansion in the UK

Italian colour cosmetics brand Kiko Milano is continuing its rapid expansion plans across the UK with a new boutique opening in Angel Central in London. The new 818-square-foot store, within the CBRE Investment Management-owned centre, will open later this month. It will sit alongside Angel Central’s other beauty and skincare offerings, such as...

Business

Cecilia Schena joins Kiko Milano as chief marketing officer

Kiko S.p.A. has appointed Cecilia Schena to the role of chief marketing officer and member of the company’s global leadership team, reporting directly to the CEO Simone Dominici. Schena, the company said in a release, has more than 20 years of experience in the beauty industry. She will be responsible for leading the marketing team and...

Business

Kiko Milano revenues jump 42 percent in 2022

Beauty brand Kiko Milano recorded net revenues of 671 million euros in 2022, up 42 percent compared to 2021 and 14 percent in comparison to 2019. The company witnessed growth across all geographic areas and customer segments, with results well above pre-pandemic levels in 2019. Commenting on the robust performance, Simone Dominici, CEO of Kiko...