Hotline: 1800 102 2007
Hotline: 1800 102 2007
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

Sephora Plans To Add 10 Stores Every Year In India

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.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Quick Service Restaurants
     Falafel’s has pioneered the segment and is market leader today! From..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Quick Service Restaurants
    A Brand serving refreshing beverages...
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Web Based/Online Platform
    BookMyFuel is an On Demand app based doorstep Fuel Delivery..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2021
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Automobile Maintanance Related
    GLOSSGARAGE CAR CARE is a car and bike detailing centre..
    Locations looking for expansion Rajasthan
    Establishment year 2015
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities