Sephora to unveil seven new stores in India

Louis Vuitton-owned Sephora has planned to open seven new stores in India by the end of 2014. The choice of cities for expansion includes Pune and Hyderabad. Sephora is a French-based beauty retailer founded in 1970, and specialises in beauty cosmetics, fragrances and personal care. The French luxury goods conglomerate Moet Hennessy Louis Vuitton SA (LVMH) acquired Sephora in the year 1999 and operates 1300 stores in 27 countries worldwide. Such expansion move of the company is finally offering a new business opportunity for the signage players dealing in in-shop designs, displays and other related activities.