Following on from its agreement in July, Sephora, has announced the completion of its acquisition of Feelunique from Palamon Capital Partners and other shareholders, following clearance by anti-trust authorities.
Feelunique has around 1.3 million active customers of its range of 35,000 cosmetic and fragrance products from over 800 established, niche, independent and rising brands.
Martin Brok, President and CEO of Sephora said: “We are delighted to welcome Feelunique teams within the Sephora family. Feelunique is known for its unparalleled customer experience, deep eCommerce expertise and knowledge of the UK consumer. We look forward to learning from each other and write a new chapter together”.
Sarah Miles, CEO of Feelunique, adds: “Sephora is an iconic retailer in the Prestige Beauty space in Europe. We are looking forward to working together and leverage our respective strengths to drive the Prestige Beauty segment in the UK”.
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