InvestorQ : Is it true that Nykaa is expanding stores in an aggressive way?
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Is it true that Nykaa is expanding stores in an aggressive way?

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5 months ago
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Nykaa, which had recent successful listing on the bourses, announced plans to triple its brick-and-mortar stores to 300. Nykaa is looking to rapidly growth its physical presence as an adjunct to its digital franchise.

Nykaa will target 100 cities, in addition to the 84 retail outlets it currently operates across 40 cities. While online does work in fashion and lifestyle products, touch-and-feel are critical building blocks. Fashion market is $70 billion and robust during wedding season.

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