Luxola Acquired By Sephora Parent Company LVMH

Global luxury goods conglomerate LVMH, parent of – among others – beauty products giant Sephora, has acquired ecommerce startup Luxola.

“Investing in Luxola is a unique opportunity to penetrate the online beauty market and accelerate Sephora’s growth in Southeast Asia,” said Anne-Véronique Bruel, president of Sephora Asia.

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