Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Jan, 06 2018

Sephora Plans To Add 10 Stores Every Year In India

Sephora currently has 15 stores in the country spread in the National Capital Region Chandigarh Mumbai Pune Bengaluru Chennai and Kolkata

French cosmetic store chain Sephora is going to add 8-10 new stores in India every year as it plans to take its total store count to 50 outlets over the next 3-4 years targeting a business of Rs 1,000 crore.

The retailer currently has 15 stores in the country spread in the National Capital Region, Chandigarh, Mumbai, Pune, Bengaluru, Chennai and Kolkata. It is going to add two more stores by February with one each in Chennai and Hyderabad. Sephora operates in India in partnership with Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, which is India’s leading integrated textile player.

Vivek Bali, COO, Sephora India, Arvind Beauty Brands said “We are going to open 8-10 stores in India over the next 3-4 years. We are growing at high double digit and will reach around Rs180 crore revenue this fiscal. We expect to hit the Rs 1,000 crore revenue targets earlier than we hit the 50 store milestone in the country. Sephora is also planning to enter tier II and III cities in the country. While its store size in India is around 3,200 square feet, it may look at marginally smaller stores in the smaller markets.”

Sephora sells makeup, skincare, fragrances, bath and body, haircare and accessories for women and men’s grooming.

Comment
Related opportunities
  • Snacks / Namkeen shops
    About : • Established in the year 1992, National Chikki is..
    Locations looking for expansion Maharashtra
    Establishment year 1992
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Slimming Center
    About Shakshii Wellness :-Shakshiii Wellness Provides Easy Access to world class Health..
    Locations looking for expansion Tamil Nadu
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 50lac - 1 Cr.
    Space required 3000 - 3500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Computer and ICT Services
    About Us: Digikore is a visual effects studio that offers a..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Furniture/Home Decor & Furnishing
    About: An innovative brand that Nilkamal is, they started ‘Home Ideas’..
    Locations looking for expansion Maharashtra
    Establishment year 1990
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities