Sephora Marinopoulos, the Greek and French-held company thatowns and operates Sephora multi-brand cosmetics store chain, islikely to go beyond the 100m lei (24m euros) threshold in terms ofsales this year, having budgeted a 7% increase against 2010.
The company last year reached turnover worth 97.16m lei (23.1meuros), according to ZF calculations, based on the growth rateannounced by the company and the value of 2009 turnover, accordingto the Trade Registry.
Domestically, Sephora owns 22 stores in nine cities. Sephora,present in Romania for 11 years, operated under the Beauty Shopname in the first six years.
Rasu says she wants to open several stores this year. "For 2011,we want to open stores in the rest of cities we are not present in,yet. If we find suitable locations, we anticipate several openings.(...)".
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