Arvind Partners With Sephora And Enters Into The Beauty And Cosmetics Segment

Mergers & Acquisition

Arvind Partners With Sephora And Enters Into The Beauty And Cosmetics Segment

1. Arvind readies to manage the Indian operations of SEPHORA with current presence of 3 stores in Delhi and 1 in Pune.

2. Planned expansion to 40 stores in the next 5 years.

3. SEPHORA stores are home to 200 world-class brands which includes exclusive and its own private-label brands

Arvind Limited, India’s largest integrated textile and apparels company with a strong retail presence and a pioneer of denim in India, has announced its entry into the beauty and cosmetics segment today through a partnership with Sephora, owned by LVMH Moet Hennessy Louis Vuitton, a French luxury conglomerate. With this partnership, Arvind will now manage Sephora’s portfolio of three stores in Delhi and one in Pune. Sephora is the world’s largest and leading beauty retailer with a profound presence in 31 countries.

“We are looking forward to partnering with Arvind Lifestyle Brands, who have demonstrated excellent skills in building brands in India and have been very supportive towards our expansion plans. We have met with great teams that are fully engaged and committed to making our Indian operations a success. Sephora and Arvind will build our brand in a promising market where our unique and differentiating concept has a strong power of attraction and will make premium beauty more accessible to the Indian consumer. On top of the physical stores, we are thrilled to announce this partnership will also extend to the internet sphere which growth has been and is expected to be, phenomenal in India,” said Olivier Schaeffer, Sephora Global COO.