Tech
Nykaa angles for growth in UK and beyond amid global push
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ndia’s largest beauty retailer FSN E-Commerce Ventures Ltd., which owns the Nykaa platform, is expanding overseas business operations in an attempt to take on global cosmetics giants outside of its home market.
The Mumbai-based company is launching Kay Beauty in the UK Thursday with Ulta Beauty Inc.-owned Space NK, FSN’s Co-Founder and Executive Director Adwaita Nayar said in an interview. It’s part of an effort to grow the brand — developed in partnership with Bollywood actor Katrina Kaif in 2019 — beyond India, potentially including…
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