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Reliance buys Sephora India rights from Arvind Fashions for ₹99 crore
short by Anmol Sharma / on Friday, 3 November, 2023
Reliance Retail has bought Sephora India business from Arvind Fashions for ₹99 crore. As part of the partnership, Reliance will take over Sephora's 26 stores across 13 cities from Arvind Fashions. Arvind Fashions on Friday said that it ended ties with the LVMH-owned beauty chain Sephora after eight long years to focus on the core apparel business.
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