Mukesh and Isha Ambani Strengthen Reliance Retail's Beauty Market Presence with Kiko Milano Acquisition Kiko Milano, previously operated in India through a joint venture between Italy's Percassi Group and New Delhi-based DLF Brands Ltd, is now wholly integrated into Reliance Retail.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Isha Ambani

Mukesh Ambani and Isha Ambani have further strengthened Reliance Retail's position in the beauty sector with a strategic acquisition. Reliance Retail, known for its profitability within the Reliance conglomerate, has recently signed a significant deal to acquire Kiko Milano, a renowned Italian beauty brand.

This acquisition marks a key milestone in Reliance Retail's strategic expansion into the beauty market.

"As part of Reliance Retail's strategic expansion in the beauty sector, the acquisition of Kiko Milano earlier this year has brought Italy's most beloved cosmetics brands to Indian shores," the company said in the press release.

Kiko Milano, previously operated in India through a joint venture between Italy's Percassi Group and New Delhi-based DLF Brands Ltd, is now wholly integrated into Reliance Retail.

Offering around 1,200 makeup, skincare, and accessory products, Kiko Milano will be available at exclusive brand stores in Delhi, Mumbai, Pune, and Lucknow.

The brand's introduction into India complements Reliance Retail's existing beauty ventures, including Tira—a premium beauty platform launched last year—and Blushlace, which focuses on tier 2 and 3 cities with value-focused beauty and innerwear products.

The expansion of Kiko Milano is expected to enhance Reliance Retail's presence in the premium beauty segment, distinguishing it from competitors like Sephora, which targets the mid-to-premium market. This strategic acquisition highlights the growing appeal of the Indian market for global beauty brands, drawing international attention to India's expanding consumer base.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Google's CEO Praised AI Rival DeepSeek This Week for Its 'Very Good Work.' Here's Why.

Google CEO Sundar Pichai spoke at the World Governments Summit in Dubai on Wednesday.

Side Hustle

This 31-Year-Old Spends 2 Hours Per Week On His $2,000-a-Month Passive Income Side Hustle: 'Trust Your Vision'

Hansel Moore's home office "wasn't cutting it" — so he found another place to be creative.

Marketing

Be Seen Online: Outrank Your Competitors Without Breaking a Sweat

Automate SEO, generate engaging content, and increase visibility—all with SEMAI.

Business News

OLIPOP Is Now a $1.85 Billion Brand. 'You Can Accomplish Things You Can't Imagine' Says Its Co-Founder.

OLIPOP co-founder Ben Goodwin explains how his idea for a "functional" soda that supports the gut's microbiome found its way onto store shelves and into consumers' hearts.