Former L'Oréal Italia CEO to head Kiko Milano
Italian company Kiko Spa, a subsidiary of the Percassi group and owner of make-up retailer Kiko Milano, has appointed Cristina Scocchia as CEO. Scocchia, formerly the CEO of L'Oréal Italia, takes over from Stefano Percassi, who becomes Vice-President.
Before joining L'Oréal in 2013, Cristina Scocchia worked for Procter & Gamble in Geneva, where she was the US consumer goods giant's Global Managing Director - Cosmetics International Operations.
She will now take charge of the Kiko Milano make-up retailer, which in 2016 generated a revenue of €600 million and currently operates more than 1,000 stores worldwide. Kiko Milano is set to add another top location to its network, by opening its largest European store at 102 avenue des Champs-Elysées, Paris, in the first quarter 2018.
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