WEDNESDAY, 28 OCTOBER 2026

Retail

Nykaa opens 175th store with Luxe format in Mumbai Bandra

2,500 sq ft two-floor outlet brings exclusive brands and skin analysers offline, raising discovery stakes for beauty shoppers and salon rivals.

, Retail correspondent··4 min read

Glass beauty counters and product displays under soft store lighting
Glass beauty counters and product displays under soft store lighting

Nykaa inaugurated its 175th store, a Luxe outlet in Bandra, Mumbai, spanning 2,500 sq ft across two floors. The format offers exclusive brands, personalised skin consultations with analyser technology, Aveda Dry Bar services and Dyson tools. It continues the shift from pure e-tail to experiential retail that began with the 2014 airport store.

Shelves carry Charlotte Tilbury, Urban Decay, Kay Beauty, The Ordinary, Kiehl’s and YSL alongside MAC and Estée Lauder. The store positions physical space as the discovery engine for premium beauty.

On the shop floor a beauty adviser now runs live skin scans that drive higher ticket add-ons; the nearby independent salon loses the walk-in that stays for the Dry Bar treatment. Average basket lifts when trial replaces pure online returns.

Nykaa’s 175th store puts skin analysers and Dry Bar services on the Bandra floor.

The opening helps Nykaa defend share against Sephora and Lifestyle beauty counters while pressuring pure D2C labels that lack try-before space. Fashion vertical MAUs already rose 24% in recent data.

Watch further Luxe rollouts through the Diwali window and any update on the House of Nykaa private-label mix in the next quarterly filing.

Filed under Retail·Meera Iyer

Readers' mark

Be the first to mark this story.

Ask the desk

What does this mean for the shop floor?

Signed-in readers can put a question to the desk. We file a short take on this story — not a press release.

Also in this book