Thursday, 23. May 2013 - 05:05
07. 08. 12. - 10:00
French cosmetics brand Sephora, which was acquired by French conglomerate LVMH (Louis Vuitton Moet Hennessy), is about to shut its stores in Croatia, reports website net.hr.
After five years on the Croatian market, the international chain will close the doors of its two Croatian stores in Zagreb on 10 August. Although there is no official word from LVMH as to why Sephora is exiting Croatia, it is believed that bad results and poor sales are the main factors.
"Unfortunately I can not answer your question. All I can say about the Croatian market is that we are working on a new plan, but it is too early to talk about it," said Delphine Bouchez, PR manager for Sephora in France.
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