07 Nov 2023 --- Sephora has entered into a partnership with Reliance Beauty & Personal Care Limited, a subsidiary of Reliance Retail Ventures Limited (RRVL), to develop its presence in India’s prestige beauty sector. The partnership gives RRVL exclusive rights to build and enhance Sephora’s presence in India across channels. According to Sephora, the Indian beauty and personal care market is evaluated at US$17 billion and set to grow at an 11% CAGR, which is still believed to be in its infancy. This positions India as “one of the largest untapped consumer markets globally.”
