Sephora will open its first shop in London in 2023

The French company of cosmetic property of LVMH returns to United Kingdom

29 of August of 2022
Sephora

Sephora will return to the United Kingdom, almost two years after the acquisition of Feelunique, with its first physical shop in the English capital. The French company property of the group LVMH carries several years trying return to the British market, in which the chain Boots is leader of the sector. Property of the group Walgreen Boots Alliance, has a network of some 2.250 points of sale on an international scale, 100 of which are devoted exclusively to the business of cosmetics.

The first physical shop of Sephora in England will be situate in the shopping centre Westfield, in the neighbourhood of White City west of London, and will open his doors in the first quarter of 2023. In the complex, are present other fashionable chains like Gucci, Coach, Jimmy Choo and Mulberry, in addition to Boots.

Sephora already went in in United Kingdom in 2000 with an establishment in the shopping centre Bluewater, in Kent. However, the shop threw the closing five years afterwards after not attaining compete with other local operators of cosmetic.

In 2021, it lands again in the British market to purchase Feelunique. The agreement of purchase of the on-line available platform, founded in 2005 and property of the group of main risk Palamon Capital Partners, closed by a value of 132 million pounds (153,8 million euros). The companía commercialises more than 35.000 products of 800 distinct marks. It makes sendings to more than 120 countries and has specific web pages for the markets of France, Germany, Norway, China and United States, among others.

Founded in France to finals of the years 60, Sephora was purchased by the conglomerate LVMH in 1997. The group does not give data by chains, but the division of retail selective (in which it includes Sephora and DFS) presents 23% of his turnover total, being the second more important for the group only by behind the one of fashion.