Reliance Retail in talks to acquire rights to beauty retailer Sephora: Report

Reliance Retail in talks to acquire rights to beauty retailer Sephora: Report


Bengaluru:

Reliance Retail, run by billionaire Mukesh Ambani’s conglomerate Reliance Industries Ltd., is in advanced talks to acquire the rights to beauty retailer Sephora in India, Mint reported on Wednesday, citing sources.

According to the report, this move may lead to shifting of Sephora operations from Arvind Fashion Ltd.

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Indian Lekhak

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