Beauty retailer Sephora cuts China jobs as market slumps


PARIS: LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday, as consumers curb their spending on creams and make-up in the world's No. 2 economy.

Sephora, which sells largely high-end, or "prestige", perfumes and make-up, previously had around 4,000 employees in the country, which has been one of the world's fastest growing beauty markets in recent years.

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Sephora , China , LVMH , unemployment , cosmetics

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