Cosmetics startup Luxola acquired by LVMH-owned Sephora

Cosmetics startup Luxola acquired by LVMH-owned Sephora

Visual of Luxola site

Singapore-based e-commerce platform Luxola, which was launched in 2011, has been acquired by French luxury goods conglomerate LVMH, following an undisclosed investment into Luxola by LVMH’s cosmetics subsidiary Sephora. The financial details of the acquisition are undisclosed.

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