LAHORE, Pakistan — Asian brand Luscious Cosmetics’ product range has recently began retailing at Sephora in Australia.
Luxola, a Singapore-based e-commerce beauty retailer catering to the Asia-Pacific region that was acquired by LVMH Moët Hennessy Louis Vuitton in July, has helped roll out the brand throughout the region. “Luscious has generated strong sales at Luxola,” said Mehrbano Sethi, founding father of Luscious Cosmetics, which relies here.
With greater than $10 million in annual revenue, selling 1.2 million units a 12 months, and a cult following within the Asia-Pacific region, a $120 billion market, Sethi is now actively in search of international enterprise capital or a partnership with a much bigger beauty brand that can propel the cosmetics company to the subsequent level.
“Funding...
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