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13 Dec

Glossier Is Heading to Sephora — What to Know,

Glossier Is Heading to Sephora — What to Know,
Glossier has inked its first retail partnership. The brand shall be entering Sephora within the U.S. and Canada in early 2023, in addition to Sephora’s site and app in each geographies. The move comes after the appointment of Kyle Leahy to the chief executive officer role, which happened earlier this yr. “[Sephora is] an iconic, international retailer with an especially loyal community and we all know our customers want to seek out us there,” Leahy said in an announcement. “We share the identical customer-centric values and are each deeply grounded within the ever-evolving notion of beauty discovery. This marks a recent chapter in our omnichannel strategy and we are able to’t wait for all that’s ahead in 2023,” Leahy continued. The joint effort comes...
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13 Dec

Sephora to Exit Russia – WWD

Sephora to Exit Russia – WWD
PARIS — Sephora is exiting Russia. The prestige beauty retailer said Monday that it has inked an agreement to sell the entire shares in its subsidiary within the country to its general manager there. The move, in response to Sephora in a press release, has been done to favor “continuity for workers.” The LVMH Moët Hennessy Louis Vuitton-owned retailer in early March suspended its operations in Russia, after the beginning of the war in Ukraine. On the time, Sephora issued a press release saying: “Given our increasing concerns in regards to the current context and the complexity to operate, we are going to suspend our activity in Russia until further notice. We'll close our stores and e-commerce inside the subsequent 24 hours. The security of our...
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8 Dec

Sephora Unveils Plans for the U.K. Market: EXCLUSIVE –

Sephora Unveils Plans for the U.K. Market: EXCLUSIVE –
PARIS — Sephora has unveiled details of the primary phase of its reentry into the U.K. market. “After many rumors, Sephora is finally coming to the U.K.,” said Sylvie Moreau, the retailer’s president of Europe and the Middle East. On Oct. 17, Feelunique.com, which Sephora acquired one yr ago, will likely be transformed into sephora.co.uk. That can have all of the associated codes, including the sweetness retailer’s signature black-and-white stripes. The web site will likely be twinned with Sephora’s application within the U.K., as well. Beauty brands available on the platform are to incorporate quite a few exclusive to the country, including Tarte Cosmetics, Ilia, Makeup by Mario, One/Size by Patrick Starrr, Gxve by Gwen Stefani, Skinfix and Vegamour, plus Sephora’s private-label line. Premium...
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7 Dec

Glossier Talks Numbers, Sephora and Beyond – WWD

Glossier Talks Numbers, Sephora and Beyond – WWD
Glossier’s buzz was at all times larger than its actual business. Now, with latest chief executive officer Kyle Leahy and an all-female, diverse C-suite at its helm, the onetime direct-to-consumer darling appears to be closer than ever to aligning those two aspects. Providing exclusive figures to Beauty Inc, Glossier revealed that it's on target to clock in $100 million in sales in its first 12 months at Sephora, after entering the retailer in February, marking an about-turn from its prior strategy and adopting a more traditional retail playbook. Overall retail sales for the brand, including DTC, its own stores and Sephora, are up 73 percent year-over-year, the second consecutive 12 months of growth. Industry sources estimate that overall sales are around...
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