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Sephora remains upbeat about Singapore retail sector

It has opened 11 stores here since 2008; its South-east Asia MD reports healthy sales

Singapore

DESPITE a challenging operating environment, Sephora is committed to the local retail scene and to South-east Asia as a whole, which it says remains a growth market.

In Singapore, the French cosmetics chain on Friday re-opened its store in ION Orchard's Basement 2, having relocated from the ground floor.

The Singapore flagship outlet is among its top 10 worldwide by revenue.

Mathieu Sidokpohou, Sephora's managing director (South-east Asia), said: "We're committed to growing this region via not only building our store network, but also by investing in building our e-commerce capabilities."

Sephora, which is owned by LVMH, has stores in key central locations such as Orchard Road and Marina...

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