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Dec. 20, 2025
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Retail

Sephora Korea shutting down operations

March 21, 2024

As consumers opt for duty-free shopping, local brands and retailers with even larger selections in the region, the company has had a tough time retaining Korean attention. Image credit: Sephora Consumers are opting for duty-free shopping, local brands and retailers with even larger selections in the region. Image credit: Sephora

 

By Luxury Daily News Service

LVMH-owned beauty retailer Sephora is leaving a major market for the cosmetics and skincare industries.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Louis Vuitton introduces Visionary Journeys Seoul
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Ennismore picks Bangkok site for first-in-region SLS Residences
  7. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  8. Follow @LuxuryDaily for the latest in luxury news
  9. Tariffs and their effect on luxury goods: Even the ‘de minimis‘ exemption is no more
  10. Porsche targets Gen Z audience with FaZe Clan partnership
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RECENT ARTICLES
Louis Vuitton introduces Visionary Journeys Seoul
Savannah College of Art and Design debuts SCAD LUXE research center
Exclusive Resorts purchases Inspirato for $59M

Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
Follow @LuxuryDaily for the latest in luxury news
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