Sephora, RIL call off retail deal
Mint Mumbai|January 31, 2023
Sephora and Reliance Retail Ltd have abandoned talks to form a retail partnership for the Indian market with the French multi-brand beauty products chain deciding to continue with its existing alliance with Arvind Fashions Ltd, said two people familiar with the matter.
Suneera Tandon
Sephora, RIL call off retail deal

Mint first reported last September that Reliance Retail was in advanced talks to acquire the master franchise rights for Sephora, owned by luxury goods retailer LVMH Moët Hennessy Louis Vuitton, for the Indian market. This would have given Reliance, India's biggest retailer, a bigger foothold in the fast-growing domestic market for premium beauty products.

この記事は Mint Mumbai の January 31, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Mumbai の January 31, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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