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Report: Sephora sells 88 Ile de Beaute stores in Russia to CEO

PARIS, Jul 11 (PRIME) -- French cosmetics retailer Sephora, part of LVMH group, will sell its 88 Ile de Beaute stores in Russia to the local CEO, France Press reported on Monday citing the company’s statement.

Sephora signed an agreement to sell 100% of its Russia-based subsidiary, according to the agency. The sum of the deal was not disclosed.

End

11.07.2022 18:53
 
 
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