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Dec. 23, 2025
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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
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