As it aims the news agency Reuters, the Indian group Reliance Retail, directed by the billonario Mukesh Ambani, would find in 'negotiations advanced' to arrive to an agreement for possessing the rights of commercialisation of the retailer of beauty in Indian. At present, as it informs a newspaper of India, Sephora keeps this agreement with Arvind from 2015. The spokesman of Arvind, has not wanted to confirm neither deny at all in this regard of the rumours of desvinculación that circulate from the month of September.
Sephora accumulates 25 shops in 13 different cities of the Indian country, with brands in cosmetic, scent and perfumery, taken care of the skin, make-up and care capillary. The plans of Reliance, go through to elaborate a portafolio from among 50 to 60 brands of home and personal care inside six months and is hiring to a big name of distributors to carry them to familiar and big shops shops in all the country.
Reliance, this same year, already has signed an agreement of franchise on a long-term basis with the French fashionable signature Balenciaga and also associated with Gap to sell the marks of the retail of clothes of USA locally