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0 -0.00232085871772551 0.000290107339715843 0.00609225413402962 0.0200174064403831 0.0142152596460691 0.0136350449666378 0.0107339715694808
Stock impact report

L Catterton Acquires Majority Stake in KIKO Milano from Percassi Family [Yahoo! Finance]

Victorias Secret & Co. (VSCO) 
Company Research Source: Yahoo! Finance
investment firm, today announced that it has entered a definitive agreement to acquire a majority stake in the Italian beauty brand KIKO Milano ("KIKO" or the "Company") from the founding Percassi Family, who will retain a significant stake in the Company. Terms of the transaction were not disclosed. Founded in Bergamo, Italy in 1997 by Antonio and Stefano Percassi , KIKO is one of the largest privately-owned color cosmetics brands in the world. With deep Italian heritage and a diverse portfolio of prestige-quality products at an accessible price point, KIKO has become a household name in beauty that is beloved across nearly all consumer demographics. With an extensive retail network of more than 1,100 stores in 66 countries and an efficient e-commerce platform, KIKO has cultivated a large and loyal following through its unique in-store experience, the first of its kind for a company in this sector, and quality-led, high-performing products. In 2023, KIKO recorded net revenue of app Show less Read more
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