In a significant stride towards expanding its portfolio in the beauty industry, L Catterton, a premier consumer-focused private equity firm and a subsidiary of luxury conglomerate LVMH, recently announced its acquisition of KIKO Milano.

Founded in 1997 by Stefano Percassi, KIKO Milano quickly emerged as a trailblazer in the beauty world with its innovative products and avant-garde approach to cosmetics. From its inception, KIKO set itself apart by offering high-quality products at accessible prices, challenging the notion that luxury beauty had to come with a hefty price tag. With a commitment to inclusivity and diversity, KIKO has garnered a loyal following of beauty enthusiasts worldwide, cementing its status as a beloved brand in the cosmetics sphere.

Now, with L Catterton’s acquisition, KIKO Milano is poised to embark on an exciting new chapter of growth and expansion. As a part of the LVMH family, L Catterton brings unparalleled expertise and resources to the table, providing KIKO with the strategic support needed to elevate its brand presence and reach new markets. Leveraging LVMH’s extensive network and global reach, KIKO has the opportunity to amplify its presence on a global scale while staying true to its core values of quality, accessibility, and innovation.

For KIKO Milano, this acquisition represents more than just a change in ownership—it signifies a strategic partnership that paves the way for continued success and evolution. With L Catterton’s backing, KIKO can further innovate its product offerings, expand its retail footprint, and strengthen its digital presence to engage with consumers in a meaningful way. Moreover, with access to LVMH’s unparalleled resources and industry expertise, KIKO is well-positioned to capitalize on emerging trends and stay at the forefront of the beauty landscape.