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Sephora is a French multinational retailer of personal care and beauty products, offering nearly 340 brands [3] alongside its own private label, the Sephora Collection. Its product range includes cosmetics , skincare , fragrance , nail color, beauty tools, body products, and hair care items.
Kohl's had $1.4 billion in Sephora sales in 2023 and expects to grow its Sephora business to $2 billion by 2025, a goal the company has had for more than a year.
Huda Beauty is among the best-selling cosmetics brands in Sephora in the Middle East and Harrods in London. According to The Business of Fashion, Kattan's background as a second-generation Iraq immigrant in America distinguishes her from other beauty influencers. She studied Finance in the United States, and pursued a career as a makeup artist ...
Rare Beauty is an American cosmetics company founded and owned by Selena Gomez.The brand was inspired by her third studio album, Rare (2020). Rare Beauty launched on September 3, 2020, exclusively through their official website and in Sephora stores in North America. [4]
How Sephora continues to boost its retail footprint by leveraging digital in stores.
Sephora contributed to a 76% profit rise in the selective retailing segment, which includes duty-free shops and raked in €17.9 billion ($19.4 billion) in sales last year.
Representatives for TikTok, Shein, Sephora, and Qurate did not respond to a request for comment from Business Insider. Read the original article on Business Insider Show comments
Business model innovation is an iterative and potentially circular process. [1]A business model describes how a business organization creates, delivers, and captures value, [2] in economic, social, cultural or other contexts.