LVMH owned Sephora to open 7 stores in India this year

LVMH owned Sephora to open 7 stores in India this year

NEW DELHI: Louis Vuitton owned Sephora is planning to open 7 stores in India by the end of this year; Afif Haddar, General manager, South East Asia for Sephora, told ETRetail.com. When queried on the choice of cities for expansion, Haddar said Delhi would continue to be of prime focus for Sephora in India. The other cities on radar for expansion for this world’s beauty behemoth are Pune and Hyderabad.

Sephora is a French-based beauty retailer founded in 1970, and specialises in beauty cosmetics, fragrances and personal care.The French luxury goods conglomerate Moet Hennessy Louis Vuitton SA (LVMH) acquired Sephora in the year 1999 and operates 1300 stores in 27 countries worldwide.

Currently, Sephora operates two store in India – both of them present in Delhi. The second store recently opened at the DLF Promenade mall.

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Posted on March 12, 2014, in #india, #international, #luxury, #retail. Bookmark the permalink. Leave a comment.

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