×
144
Fashion Jobs
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Manager / in Charge - Production/Quality/Cutting - Garments Industry
Permanent · Bhiwandi
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
PUMA
Regional Sales Manager- Mbo (South)
Permanent · Bengaluru
PUMA
Manager- Returns And Spf Operations
Permanent · Bengaluru
Published
Nov 27, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sephora to grow physical presence in India, to add 50 stores across 15 cities

Published
Nov 27, 2017

Sephora, part of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SA is looking to leverage its partnership with Arvind Lifestyle Brands Ltd by expanding its brick and mortar stores to capitalize on the booming cosmetics market in India.
 

Archiv


Since its partnership with Arvind Lifestyle Brands Ltd in 2015, Sephora has been aggressively growing its brick and mortar stores in India adding 14 stores in leading metros like Pune, New Delhi, Chennai, Mumbai, and Bengaluru over the last two years.
 
Sephora as part of its latest store expansion efforts is looking to add 6 to 8 stores every year and has set a target of 50 stores in 15 top cities of the country by 2020. The next store will come up in the city of joy Kolkata followed by stores in southern cities of Hyderabad and Chennai before the end of the financial year, Vivek Bali, chief operating officer of Sephora India at Arvind Lifestyle Brands Ltd told the newspaper Mint.

Arvind Ltd which entered the beauty segment with Sephora is also looking expand its presence in India’s billion dollar cosmetics market. Beauty and personal care (BPC) market in India is expected to touch $10 billion by 2021 growing at an annual rate of 5-6 per cent, according to a report by Indian Beauty & Hygiene Association (IBHA).
 
At the time of the tie up Arvind Ltd had said it aims to achieve Rs 500 crore (approx $77.3 million) turnover in 4-5 years from cosmetics brand Sephora. Currently, the company is witnessing double digit growth and seems to be on track to achieve its target.
 
“We are seeing some fantastic double-digit (revenue) growth in the business from like-for-like stores. That’s been the journey and I think it’s going to continue for years to come,” Bali added.
 
The beauty retailer is also looking to expand it exclusive brand portfolio by adding 14 more to its existing 23 exclusive brands currently available in the country. Sephora now sells its own brand of cosmetics along with other international brands. Some of the brands that are currently exclusive to Sephora in India include Cover Fx, Boscia, Stila, Foreo, Benefit, Make Up For Ever and Smashbox.
 
Sephora recently also started selling its products online through the brand’s own e-commerce site in partnership with Arvind Internet Limited.
 
Sephora which sells cosmetics, fragrances and haircare had entered the Indian market in 2012 through a partnership with DLF brands.
 
 

Copyright © 2022 FashionNetwork.com All rights reserved.