Press Release

Kiko Milano has opened its first store in the Cloche d'Or shopping center, advised by CBRE Luxembourg

CBRE Luxembourg's Retail team acted as privileged advisor to the Italian cosmetics chain Kiko Milano and its franchisee as part of its entry into the Luxembourg market. The first store has opened Wednesday, December 20, in the Cloche d'Or shopping center. Two further store openings will follow in 2024.

December 21, 2023

Kiko opening



Founded in 1997, Italian cosmetics brand Kiko Milano offers an avant-garde range of make-up and skincare products. The brand has over 800 points of sale in Europe, and has recently chosen Luxembourg as the destination for its territorial expansion. Kiko Milano will be opening stores in two shopping centers in Luxembourg City, and one in Belval.

The first store has opened Wednesday, December 20, in the heart of the Cloche d'Or shopping center, offering customers a 125m² shopping area on the first floor. This strategic location will enable make-up enthusiasts to discover Kiko Milano’s high-quality products in a friendly, modern environment, and offer them a unique shopping experience, tailored to their needs and desires.

The second 105 m² store will open on the second floor of the Auchan Kirchberg shopping center in 2024.

Sébastien Baulin comments on the arrival of Kiko Milano in Luxembourg: "After 8 years spent developing the brand in the Benelux market and contributing to its success and reputation as Retail Director, the imminent deployment of Kiko Milano on the Luxembourg market as Master Franchisee is a real professional and personal achievement. 
Our ambition is clear: to become the number one makeup brand on the Luxembourg market. To achieve this, our short-term vision is to open 6 stores, 3 of which are already known: the Cloche d'Or shopping center, Kirchberg and Belval Plaza by mid-2024. 
In parallel with this expansion plan linked to Kiko Milano, we are also motivated and driven by the medium-term challenge of importing and developing new brands and/or concepts in Luxembourg, which sometimes, in my opinion, remain forgotten by certain retailers. 
Kiko Milano is just the starting point of our adventure as Retailux Sarl in Luxembourg, which aims to become the number one retailer in the country".

Audrey Chantereau, Retail Consultant at CBRE Luxembourg adds: "Kiko Milano is resolutely committed to its international expansion and continues to explore other promising locations throughout the Grand Duchy. The brand is determined to offer Luxembourg customers exceptional shopping experiences and to accompany them in their quest for beauty and style. It is a real pleasure to work with Sébastien and to assist him in his upcoming openings."


About Kiko Milano
Kiko Milano is an Italian cosmetics brand offering a wide range of quality beauty products, from face and body cosmetics to make-up and accessories. With its expertise in beauty and commitment to innovation, Kiko Milano is recognized as a leader in the cosmetics industry. Present in many countries around the world, Kiko Milano offers customers a unique shopping experience, combining quality, fashion and affordability.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.