Douglas Said to Be Final Bidder for Sephora Retail Rival Nocibé

Nocibé Boutique La Roche-sur-Yon | Source: Les Flâneries

LONDON, United Kingdom — Douglas Holding AG, the German cosmetics retailer owned by Advent International Corp., is the final bidder for French perfume and cosmetics retailer Nocibé SA from Charterhouse Capital Partners LLP, according to people with knowledge of the process.

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Power Moves | Delphine Arnault to Leave Dior for Louis Vuitton

Delphine and Antoine Arnault | Source:

PARIS, France ­— According to market sources, Delphine Arnault, the eldest child of LVMH chairman and chief executive Bernard Arnault, will leave her post as deputy general manager of Dior, which she has held since 2008, for a position at the group's largest luxury brand, Louis Vuitton, effective this September.

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LVMH Counts On Sephora for Growth as Louis Vuitton Slows

Sephora Flagship, Champs Elysées, Paris | Source: Courtesy

PARIS, France — With Vuitton’s sales growth slowing from Barcelona to Beijing, Sephora will help LVMH’s Selective Retailing unit overtake fashion and leather goods as its biggest business by 2018, Sanford Bernstein estimates.

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