Sephora, the world's leading omni-channel prestige beauty retailer, and Reliance Retail, India's largest retailer, have announced a partnership to accelerate the transformation of the beauty retail landscape in India. The partnership gives Reliance Retail exclusive rights to build and enhance Sephora's presence in India across channels.

The Indian beauty and personal care market is valued at USD 17 billion and is projected to grow at a CAGR of 11%, making it one of the largest and fastest-growing markets in the world. Sephora's unique brand and product curation capabilities, combined with Reliance Retail's deep consumer insights and unparalleled customer access, position the partnership to capitalize on this significant growth opportunity.

The partnership will enable Sephora to expand its reach and impact in India, offering consumers a wider selection of high-quality beauty products and experiences. It will also help Reliance Retail strengthen its portfolio of offerings in the beauty and personal care segment, delivering greater value to its customers.

Overall, the partnership between Sephora and Reliance Retail is a win-win for both companies and is poised to elevate the beauty retail landscape in India.