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Sephora India Plans To Open More Stores In The Country

January 8, 2018: 12:00 AM EST
Sephora India plans to expand its store network in the country by opening 10-12 stores in the coming 15 months. At present, the beauty retailer, a joint venture between Sephora and Arvind Ltd., operates 13 company-owned retail branches in the country's metropolitan centers. India's beauty and grooming market, valued at $8 billion, is expanding at a compounded annual growth rate of 18 percent, with the premium segment growing at a faster rate of about 28 percent.
Shobha Roy, "French cosmetics retailer Sephora to deck up India in premium products", The Hindu Business Line, January 08, 2018, © The Hindu Business Line
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