22 August 2022, Mumbai
Lingerie and atlesiure brand under Nykaa Fashion, Nykd by Nukaalaunched its first flagship store in New Delhi’s Rajouri Garden.
The store features the brand’s products across innerwear, sleepwear, athleisure, and loungewear. It will focus on immersive, engaging, and tech-led shopping experiences.
This expansion will allow more consumers to see, touch and experience the brand’s wide range,says Preeti Gupta, Business Head, Nykd by Nykaa, Gloot&Kica.
The store is spread across nearly 2,000 sqft and will offer personalised fitting sessions to help consumers choose the product best suited for their body type.
In the first quarter of FY23, Nykaa’X net profit jumped by 42 per cent to Rs 5 crore as total income climbed 41 per cent to Rs 1,157 crore from the year-ago period.
Mumbai-based FSN E-Commerce Ventures, the parent entity of Nykaa, said its total income grew 18 per cent sequentially, while profit declined by 25 per cent Q-o-Q.
