Sunday 21 April 2024

Dizz Group acquires KIKO Milano franchise and stores

As part of the ongoing restructuring of the DIZZ Group, one of its subsidiaries, Dizz Retail Limited, has just acquired Dizz Franchises Limited, a company that is separate from the Group. The announcement was made on Wednesday to the Malta Stock Exchange.
Dizz Franchises is the franchisee and operator of the popular KIKO Milano brand, which currently operates five outlets and stalls in Malta.
Conceived and founded in 1997 by the Percassi Group, Kiko Milano is an Italian brand that offers a line of professional makeup and cutting-edge face and body treatments. KIKO Milano, with a network of over a thousand single-brand stores, is also present in Italy, Germany, France, Portugal, Spain, England, Austria, Switzerland, Holland, Belgium, Poland, USA, Hong Kong, Turkey, Sweden, Russia, Brazil, India, UAE, Qatar, Lebanon, Kuwait and online at the e-commerce site www.kikocosmetics.com.
Each store offers customers a wide selection of innovative products, and staff are specifically trained on industry trends to offer a service tailored to each customer, thereby making the brand highly popular among customers of all ages.
A Dizz Group spokesman said: “The acquisition of Dizz Franchises Limited streamlines the DIZZ Group’s set-up, enabling other operations to form part of a more unified operation.”