Luxury Daily
The authority in luxury news.
April 26, 2024
  1. 42pc of American luxury shoppers buying high-end items as 'rewards': YouGov
  2. Mercedes-Benz adds celebrity touch to G-Class rollout
  3. Six Senses wins top 2024 Positive Luxury Award
  4. La Mer appoints first male brand ambassador
  5. Ferrari forges racing partnership with HP
  6. Saks launches retail media network
  7. YSL Beauty adds Bahamas, Colombia to rewilding project scope
  8. Porsche named official electric vehicle of 2024 Met Gala
  9. Double-digit growth streak continues at Hermès
  10. Prada Group sees first quarter sales rise 16pc
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

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.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. 42pc of American luxury shoppers buying high-end items as 'rewards': YouGov
  2. Mercedes-Benz adds celebrity touch to G-Class rollout
  3. Six Senses wins top 2024 Positive Luxury Award
  4. La Mer appoints first male brand ambassador
  5. Ferrari forges racing partnership with HP
  6. Saks launches retail media network
  7. YSL Beauty adds Bahamas, Colombia to rewilding project scope
  8. Porsche named official electric vehicle of 2024 Met Gala
  9. Double-digit growth streak continues at Hermès
  10. Prada Group sees first quarter sales rise 16pc
VIDEOS
More Videos

MORE IN Retail
Saks launches retail media network
Prada Group sees first quarter sales rise 16pc
Kering rocked by 11pc sales dip in Q1
The RealReal ends Earth Month with in-store donation program
Annual report from Vestiaire Collective makes business case for circularity
Alexander McQueen exec lands CEO role at Harvey Nichols



RECENT ARTICLES
Triton Submarines delivers next-gen vessel for underwater voyages
Saks launches retail media network
Six Senses wins top 2024 Positive Luxury Award

42pc of American luxury shoppers buying high-end items as ‘rewards’: YouGov
Mercedes-Benz adds celebrity touch to G-Class rollout
La Mer appoints first male brand ambassador