Sephora’s Indian business changes hands! The Reliance Retail group will now operate the various stores of the LVMH group’s subsidiary, which were previously run by Arvind Fashions. India is increasingly perceived as beauty’s new growth hot spot, with a growing presence of major international players.
Sephora, which made its first foray into India in 2012, today counts 26 stores across 13 cities. To boost its operations in a country, which is widely seen as the next growth hot spot for the.
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