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Reliance Retail to acquire Sephora business from Arvind

Reliance Retail is acquiring the India franchisee business of Sephora from Arvind Fashions, according to three people familiar with the development. Reliance Retail has already informed various malls about its acquisition of Sephora and asked the shopping centres to change the lease agreements accordingly in favour of Reliance Retail, two top mall executives said. “Reliance […]

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