Nykaa looks to triple offline store count to more than 300: Report

Cosmetics-to-fashion retailer Nykaa is planning to rapidly expand their offline store count, according to CEO Falguni Nayar.

Indian cosmetics-to-fashion retailer Nykaa plans to more than triple its brick-and-mortar stores to 300, founder and Chief Executive Falguni Nayar said, significantly building its offline presence in the country.

Nayar declined to give a timeline for the rollout but said the company was targeting 100 cities, adding to the 84 retail outlets it already operates in 40 cities.