Nykaa's Falguni Nayar said: The physical stores, targeting Indian consumers wanting to buy touch-and-feel products, were a critical part of the business.
MUMBAI: Indian cosmetics-to-fashion retailer Nykaa plans to more than triple its brick-and-mortar stores to 300, says founder and chief executive Falguni Nayar, (pic) 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.
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