Sephora “Lighter and Tighter” Store Format To Drive Profitability
This article was originally published in The Rose Sheet
Executive Summary
Sephora is leaning toward a smaller, more productive store format in its quest to improve profitability, according to Sephora Senior VP-Marketing Betsy Olum
You may also be interested in...
LVMH Perfumes & Cosmetics 2002 Sales Up 4.5% On Fragrance Launches
LVMH Perfumes & Cosmetics division sales increased 4.5% to $2.49 bil. (€1=$1.07) in 2002 led by new fragrances Dior Addict and Marc Jacobs Men, the firm reported Jan. 23 during its 1year-end sales announcement
LVMH Perfumes & Cosmetics 2002 Sales Up 4.5% On Fragrance Launches
LVMH Perfumes & Cosmetics division sales increased 4.5% to $2.49 bil. (€1=$1.07) in 2002 led by new fragrances Dior Addict and Marc Jacobs Men, the firm reported Jan. 23 during its 1year-end sales announcement
Sephora, Duty Free Cost-Cutting Narrows LVMH First Half Loss
The closing of Sephora stores in Japan and Germany, a recovery in the retailer's U.S. sales and cost-cutting efforts in the LVMH duty-free operations helped the luxury products marketer's Selective Retailing division reduce its operating loss in the first half, LVMH said