13 Feb 2026 | 3 Mins Read
Nykaa to acquire Kiehl's India operations from L'Oréal
Flipitmoney
Nykaa will take over India operations of US skincare brand Kiehl’s from L’Oréal Luxe under a strategic partnership. The deal covers retail stores, e-commerce and distribution. With access to over 42 million beauty consumers on Nykaa’s platform, the move aims to expand Kiehl’s footprint and strengthen its position in India’s luxury beauty segment.