Nykaa’s step-down subsidiary Nessa International Holdings has incorporated a wholly-owned subsidiary in Qatar – Nysaa Cosmetics Trading Nysaa Cosmetics will be engaged in international exports and sale/ trade/ retail of beauty and personal care (BPC) products, both online and offline, and other related activities Nykaa aims to open 70 stores in the Gulf Cooperation Council market under the Nysaa brand in the next five years As part of beauty ecommerce major Nykaa’s Middle East push, its step-down subsidiary Nessa International Holdings has incorporated a wholly-owned subsidiary in Qatar – Nysaa Cosmetics Trading. In an exchange filing, said, “..
. Nessa International Holdings Limited, a stepdown subsidiary of the Company, has incorporated a new wholly owned subsidiary in Qatar by the name ‘Nysaa Cosmetics Trading’, a single-member Limited Liability Company.” Nysaa Cosmetics will be engaged in international exports and sale/ trade/ retail of beauty and personal care (BPC) products, both online and offline, and other related activities.
It will trade in women’s cosmetics, toiletry, beauty and hair care products, perfumes, and beauty soaps, the company added. Nykaa partnered UAE-based Apparel Group in 2022 to enter the Gulf Cooperation Council (GCC) region. In March this year, the company launched a Nysaa-branded store in Dubai.
The store offers international brands such as Kylie Cosmetics, Kay Beauty, Rituals, Stila among others. Nykaa aims to open 70 stores in.
