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Nov. 13, 2024
  1. Diageo launches new division for luxury brands, experiences
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  4. Rolls-Royce brings new showroom to Abu Dhabi
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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. Diageo launches new division for luxury brands, experiences
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Loro Piana, Harrods celebrate holidays
Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear

Loro Piana, Harrods celebrate holidays
Diageo launches new division for luxury brands, experiences
Manolo Blahnik opens first Shanghai store