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Sephora

Company

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Owners:
LVMH
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Owners

Sephora is a chain of perfume and beauty stores. The company was established in 1969.

History

Sephora operates in 29 countries - 1,650 stores have been opened.

Russia The company cooperates with LLC "" and Alcor its chain of stores. In "L'Etoile" 2008, Sephora acquired a 45% stake in the Russian network. Ile de Beaute

In July 2022, it was announced that Sephora would sell Russian boutiques under the Ile de Beauté brand to the local director, AFP.

2022: Louis Vuitton loses 210 million euros due to sale of Sephora chain of stores in Russia

French multinational LVMH lost approximately €210 million in 2022 due to the sale of a chain of cosmetics stores of its brand Sephora in. Russia This is stated in the financial report published on January 26, 2023. More. here