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Sephora Greater China Head Steps Down

Maggie Chan leaves after five years with no immediate replacement named.
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations.
A Sephora store in China. (Getty Images)

Sephora Greater China CEO Maggie Chan has stepped down after five years with the company. No successor has yet been named to lead the LVMH Group-owned beauty retailer in the Chinese market which has struggled to become a driving force amid strong competition and a softer economic climate.

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