Kiko, founded in 1997 by Antonio and Stefano Percassi, is a global cosmetic company with a retail network of 1,100 stores in 66 countries. The firm reported a net revenue of about €800 million ($859 million) in 2023, a 20% increase versus the prior year, it said in the statement.
L Catterton, the private equity arm of LVMH’s founder Bernard Arnault, has invested in overt thirty beauty brands globally, including Intercos, Elemis, ETVOS, Maria Nilla, and Oddity.
Source: BNN Bloomberg
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