Sephora Named Retailer Of The Year

In this article (4)
At the 2018 World Retail Congress, Sephora was named Retailer of the Year. The award reflects Sephora’s exceptional growth over the last decade, which has been driven by rapid expansion globally. This type of sustained performance is a testament to the superior differentiated experience Sephora offers its clients and the innovation it has brought to the prestige beauty industry.
“Sephora has seen wonderful global growth over the last ten years and now operates in 34 countries with more than 2,500 stores, “ says Chris de Lapuente, Sephora Worldwide CEO. “We are very proud to be named ‘Retailer of the Year’, which confirms that the Sephora concept enjoys appreciation on a global scale. As a brand we win best when we win together and this award recognizes and touches all the tens of thousands in the Sephora family who have made us successful all over the world.”
This is the premier category in the World Retail Awards. It recognizes a retailer that the Grand Jury believes to be a truly world-class operator, with outstanding results across a number of important areas. With retail becoming ever more complex and demanding, the Retailer of the Year award demonstrates that Sephora is not only delivering exceptional financial performance and sales growth, but also reflects the changes that are taking place across the industry and around the world.
To be an outstanding retailer today, the business reflects how it has adapted to the realities of the digital world by transforming its approach to retail and the way that it is preparing for the future. If it has international operations, the judges saw that it is also executing this to the highest standards. Above all, this is a retailer setting new standards for the whole industry to admire.
Questions & Answers
Q.What specifically contributed to Sephora being named Retailer of the Year?
What specifically contributed to Sephora being named Retailer of the Year?
The award acknowledges Sephora's exceptional growth driven by global expansion, its sustained performance, superior differentiated customer experience, and the innovation it brought to the prestige beauty industry. It also recognised its financial performance and adaptation to the digital world.
Q.How extensive is Sephora's global presence according to the article?
How extensive is Sephora's global presence according to the article?
Sephora has seen significant global growth over the past decade. It now operates in 34 countries, with more than 2,500 stores worldwide, demonstrating its widespread international reach.
Q.What qualities does the 'Retailer of the Year' award recognise in a business?
What qualities does the 'Retailer of the Year' award recognise in a business?
The award recognises a world-class operator with outstanding results across multiple areas. It highlights exceptional financial performance, sales growth, adaptation to the digital world, and setting new industry standards.
Reader pulse
What's most critical for retail success?
23,339 votes so far