Sephora

BUSINESS

LVMH says Sephora sales are slowing down in the U.S. because Amazon is ‘very aggressive’ in lowering prices ‘and we try to avoid this technique’

April 15, 2025

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LVMH CFO Cécile Cabanis, during the company’s Q1 2025 earnings call, said Amazon’s presence is hitting Sephora’s momentum online because…