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FREEDOM TO EXPRESS                                                                                                               hrough its extraordinarily wide and diversified


                                                                                                                                        range  of  products,  KIKO  allows  everyone  to
                                                                                                                                        express  their  own  personality  with  cutting
                                                   YOURSELF                                                                    Tegde products.
                                                                                                                                 KIKO’s identity is rooted in “Made in Italy” values and the
                                                                                                                               world of the capital for fashion, art and design. The research
                                                                                                                               into original textures and colours is combined with research
                                                                                                                               into quality formulas with guaranteed performance, for a
                                                                                                                               perfect fusion of quality and creativity.
                                                                                                                                 The  result  of  customer  centric  product  development
                                            Established and founded in 1997 by Percassi,  KIKO MILANO                          and  the  latest  fashion  trends,  KIKO  continuously  renews
                                                                                                                               itself with products that are always new and closer to the
                                            is an Italian professional cosmetics brand that features a                         multiple ideals of beauty.
                                                                                                                                 Today the brand currently operates 900 physical stores
                                            range of cutting-edge makeup, face and body treatments.                            across  21  countries,  and  has  a  presence  online  in  34
                                            RLI speaks here with company CEO Cristina Scocchia to                              countries around the world.
                                                                                                                                 “In 2018 KIKO started the implementation of a three-
                                            discuss how the brand has grown and what comes next.                               year  strategic  plan  aimed  at  increasing  financial  and
                                                                                                                               operational  effectiveness,”  explains  Cristina  Scocchia,
                                                                                                                               CEO  of  KIKO  MILANO.  “We  have  begun  shifting
                                                                                                                               expansion eastwards and are complementing retail with
                                                                                                                               online  growth,  bringing  a  consumer  centric  marketing
                                                                                                     kIkO ORIO AL SERIO        approach, with more focus on brand building, cost control
                                                                                                           Milano, Italy
                                                                                                                               and operational excellence.”
                                                                                                                                 Recently the company has opened its first franchise site
                                                                                                                               in Israel, with the store opening at Ayalon shopping mall in
                                                                                                                               Tel Aviv, with much more to come in the future.
                                                                                                                                 “We have a large development pipeline, with over 30   “We offer a vast array of esthetic possibilities for our
                                                                                                                               initiatives  a  year.  But  we  like  to  keep  our  competitors   consumer, but we remain grounded in our Italian roots.
                                                                                                                               guessing about what comes next, and keep providing our   Italy has been a beacon for esthetics since the times of
                                                                                                                               customers  new  beauty  experiences  they  didn’t  expect,   the Roman Empire. KIKO being Italian has much to offer
                                                                                                                               with  innovation,  better  service  and  ever  more  colour,”   for  a  consumer  who  wants  to  unleash  their  creative
                                                                                                                               says Scocchia.                               side in a way that is and has been universally appealing,”
                                                                                                                                 Though  at  its  core  it  is  an  EU-based  brand,  KIKO   explains Scocchia.
                                                                                                                               understands  the  need  to  go  where  growth  is,  and  that   Social  media  plays  a  very  important  part  of  KIKO
                                                                                                                               is towards the east. Asia is a key growth region for them,   MILANO’s  online  targets,  within  a  broader  omni-channel
                                                                                                                               and they already have a presence in both India and Hong   strategy. Their  online  strategy  involves  better  cross-platform
                                                                                                                               Kong. The company is also listed online via T-Mall China,   functionality, with an omni-channel approach that integrates
                                                                                                                               where they have had stellar results. Though the region is   physical locations, e-commerce, mobile applications, and social
                                                                                                                               highly competitive, the business will continue to grow in   media. Social media is, and will remain a key player within that
                                                                                                                               the Asia Pacific markets, through distributors, online and   strategic approach, but KIKO understands it is only one piece
                                                                                                                               franchise operations.                        of the whole puzzle.
                                                                                                                                 Through the years KIKO has proven to be an innovative   So  why  does  Scocchia   “We have begun shifting expansion
                                                                                                                               pipeline  that  is  amongst  the  most  agile  and  varied  in  the   believe  customers  remain   eastWards and are complementing
                                                                                                                               business.  It  is  a  global  brand  that  offers  the  consumer   loyal,  and  what  are  the  key
                                                                                                                               the  freedom  to  express  themselves  creatively,  without   drivers  behind  the  brand’s   retail With online groWth, bringing
                                                                                                                               compromising  on  wearability  or  affordability.  The  brand   phenomenal success?  a consumer centric marketing
                                                                                                                               always wants to understand their consumer better, and is   “We  do  not  compromise
                                                                                                                               investing significant resources in achieving this.  on  quality,  and  our  products   approach, With more focus on
                                                                                                                                                                            uphold the highest standards   brand building, cost control and
                                                                                                                                                                            in the beauty industry all the
                                                      kIkO ORIO AL SERIO   kIkO VITTORIO EMANUELE                                                                           while  having  very  affordable   operational excellence.”
                                                           Milano, Italy  Milano, Italy
                                                                                                                                                                            price  points,  and  as  for
                                                                                                                                                                            key  drivers,  our  creativity,  our  quality,  our  variety  and  our
                                                                                                                                                                            affordability, all offered with a customer centric approach in a
                                                                                                                                                                            dedicated retail space. That’s the KIKO way.”
                                                                                                                                                                              The  business  is  a  highly  entrepreneurial  brand,  which
                                                                                                                                                                            exists with a culture of creativity and quality, what KIKO does
                                                                                                                                                                            is offer its consumers the freedom to express themselves.
                                                                                                                                                                            KIKO  is  constantly  committed  to  a  single  objective,  and
                                                                                                                                                                            this is to allow all women to treat themselves to the most
                                                                                                                                                                            innovative cosmetics without having to break the bank.
                                                                                                                                                                              As  we  bring  the  interview  with  Cristina  to  an  end,  we
                                                                                                                                                                            ask, what lies ahead and what does she perceive to be the
                                                                                                                                                                            greatest challenge facing the company right now?
                                                                                                                                                                              “We believe in our current strategy moving forward, and
                                                                                                                                                                            in what KIKO can offer to the global beauty consumer, and
                                                                                                                                                                            while there are many challenges facing our sector, with the
                                                                                                                                                                            right strategy in place we can face the headwinds in front
                                                                                                                                                                            of us,” she concludes.

        18 RETAIL & LEISURE INTERNATIONAL MAY 2019                                                                                                                                               MAY 2019 RETAIL & LEISURE INTERNATIONAL 19
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