India's Reliance Retail in talks to get rights for beauty retailer Sephora - report

ARVIND FASHIONS

21/09/2022 13:17

BENGALURU, Sept 21 (Reuters) - Reliance Retail, run by
billionaire Mukesh Ambani's conglomerate Reliance Industries Ltd
 RELI.NS , is in advanced talks to get rights for beauty
retailer Sephora in India, the Mint reported on Wednesday,
citing sources.
    The move could result in Sephora's operations transfer from
Arvind Fashions Ltd  ARVF.NS , according to the report.

 (Reporting by Nishit Navin in Bengaluru)
 ((Nishit.Navin@thomsonreuters.com))