Report: Sephora Stores Reopen in Russia as Ile de Beauté

Sephora store
Sephora reportedly purchased lle de Beauté in 2016.

Former Sephora stores have reopened in Russia as lle de Beauté, offering a wide range of international brands, according to Reuters.

The rebranding is part of Russia's changing retail space as companies have exited over the Ukraine conflict. 

As previously reported in July 2022, LVMH announced that Sephora had reached an "agreement for the sale of 100% of the shares of its subsidiary in Russia to its local general manager, aimed at favoring continuity for employees."

Sephora reportedly purchased lle de Beauté in 2016. 

Previously purchased gift cards for Sephora will be valid at lle de Beauté.

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