LVMH's Sephora Tests Duty-Free With Shop at Abu Dhabi Airport
2015-08-06 12:30:55.409 GMT
BI LUXG GLOB SBKEYS
Sephora, the beauty retailer owned by LVMH, opened its first
pop-up duty-free shop at Abu Dhabi airport. The store will be
opened and operated by DFS, its sister company, from Aug. 1 to
Oct. 31, the airport's busiest period. The Middle East has been
leading Sephora's growth, with a double-digit comparable-store
sales gain in 1H, ahead of North America and Europe. Sephora's
peers, such as L'Oreal, Shiseido and Estee Lauder, operate at
airports globally. L'Oreal recorded sales growth of 10% in
travel retail in 1H.
|0|0|560421|229985742|BI LUXGG SPERF |1240-2-M|NL52||USD|S45,43|BI LUXGG SPERF |1240-2-M|N52||USD|
This research note has been published by Bloomberg Intelligence.
For more information, see BI <GO>
-0- Aug/06/2015 12:30 GMT
2015-08-06 12:30:55.409 GMT
BI LUXG GLOB SBKEYS
Sephora, the beauty retailer owned by LVMH, opened its first
pop-up duty-free shop at Abu Dhabi airport. The store will be
opened and operated by DFS, its sister company, from Aug. 1 to
Oct. 31, the airport's busiest period. The Middle East has been
leading Sephora's growth, with a double-digit comparable-store
sales gain in 1H, ahead of North America and Europe. Sephora's
peers, such as L'Oreal, Shiseido and Estee Lauder, operate at
airports globally. L'Oreal recorded sales growth of 10% in
travel retail in 1H.
|0|0|560421|229985742|BI LUXGG SPERF |1240-2-M|NL52||USD|S45,43|BI LUXGG SPERF |1240-2-M|N52||USD|
This research note has been published by Bloomberg Intelligence.
For more information, see BI <GO>
-0- Aug/06/2015 12:30 GMT