Nykaa Takes Over Kiehl s India Operations
Analysis based on 7 articles · First reported Feb 12, 2026 · Last updated Feb 20, 2026
This partnership is expected to boost Nykaa's market share in the luxury beauty segment in India and expand L'Oréal===Kiehl s reach. It signals continued growth and investment in India's beauty and personal care market, which is projected to become a $40-45 billion opportunity by 2030.
Nykaa, a major beauty and personal care company, is set to take over the India operations of US-based apothecary skincare brand L'Oréal===Kiehl s. This move is part of a strategic partnership with L Oréal Luxe, a division of L Oréal. Nykaa will assume end-to-end responsibility for L'Oréal===Kiehl s operations in India, including managing its exclusive brand outlets, direct-to-consumer platform, digital ecosystem, and multi-brand retail distribution. L'Oréal===Kiehl s will be integrated into Nykaa's omnichannel ecosystem and will also be available on Nykaa Now for last-mile delivery in select cities. This collaboration aims to scale L'Oréal===Kiehl s presence in India and strengthen Nykaa's position in the luxury beauty market, contributing to the growth of India's beauty and personal care market.
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