As part of the ongoing restructuring of the DIZZ Group, one of its subsidiaries, Dizz
Retail Limited, has just acquired Dizz Franchises Limited, a company that is
separate from the Group. The announcement was made on Wednesday to the Malta
Stock Exchange.
Dizz Franchises is the franchisee and operator of the popular KIKO Milano brand,
which currently operates five outlets and stalls in Malta.
Conceived and founded in 1997 by the Percassi Group, KIKO Milano is an Italian
brand that offers a line of professional makeup and cutting-edge face and body
treatments. KIKO Milano, with a network of over a thousand single-brand stores, is
also present in Italy, Germany, France, Portugal, Spain, England, Austria,
Switzerland, Holland, Belgium, Poland, USA, Hong Kong, Turkey, Sweden, Russia,
Brazil, India, UAE, Qatar, Lebanon, Kuwait and online at the e-commerce site
www.kikocosmetics.com.
Each store offers customers a wide selection of innovative products, and staff are
specifically trained on industry trends to offer a service tailored to each customer,
thereby making the brand highly popular among customers of all ages.
A DIZZ Group spokesman said: “The acquisition of Dizz Franchises Limited
streamlines the DIZZ Group’s set-up, enabling other operations to form part of a
more unified operation.”
