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October 6, 2008

Sephora Buys 45% Stake in Ile de Beaute

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PARIS — Sephora SA has acquired a 45 percent stake in Russian selective perfumery chain Ile de Beauté, the LVMH Moët Hennessy Louis Vuitton-owned retailer announced Friday.

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Sephora Buys 45% Stake in Ile de Beaute -
PARIS — Sephora SA has acquired a 45 percent stake in Russian selective perfumery chain Ile de Beauté, the LVMH Moët Hennessy Louis Vuitton-owned retailer announced Friday.

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