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Company History

Sephora History: Founding, Growth & Key Milestones

Founded 1969 in Limoges, France

When was Sephora founded?

Sephora was founded in 1969 in Limoges, France by Dominique Mandonnaud, making it 57 years old.

Founded
1969
Founding place
Limoges, France
Founders
Dominique Mandonnaud
Headquarters today
Neuilly-sur-Seine, France
Milestones documented
7 (1969–2023)
Current CEO
Guillaume Motte
Acquisitions
1
YearEvent
1969Founding in France
1993Shop 8 Merger & Expansion
1997Acquisition by LVMH
1998First US Store in New York
2007Beauty Insider Launch
2021Sephora at Kohl's Partnership
2023€14B+ Global Retail Milestone
Where was Sephora founded?
Sephora was founded in Limoges, France in 1969. sephora.com
Who founded Sephora?
Sephora was founded by Dominique Mandonnaud.
When did Sephora start?
Sephora was founded in 1969.
How old is Sephora?
Sephora is 57 years old as of 2026.

Founding Story

Sephora was launched in 1969 in Limoges, France by visionary founders seeking to modernise traditional practices across Prestige Beauty Retail & Personal Care. Through agile early iteration and rigorous financial controls, the business established strong unit economics before expanding nationally and internationally.

Founders

Dominique Mandonnaud

Key Milestones

1969

Founding in France

Dominique Mandonnaud opened the first perfumery in Limoges, France, pioneering the open-sell self-service retail beauty concept.

Source: en.wikipedia.org
1993

Shop 8 Merger & Expansion

Mandonnaud acquired the Sephora brand and merged his Shop 8 retail stores under the Sephora banner across France.

Source: en.wikipedia.org
1997

Acquisition by LVMH

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton acquired Sephora for $344 million, financing global retail expansion.

Source: en.wikipedia.org
1998

First US Store in New York

Opened first North American retail flagship store in New York City's SoHo neighborhood.

Source: en.wikipedia.org
2007

Beauty Insider Launch

Introduced the Beauty Insider customer loyalty program, which grew to become one of retail's most valuable consumer rewards ecosystems.

Source: en.wikipedia.org
2021

Sephora at Kohl's Partnership

Launched expansive nationwide shop-in-shop partnership with Kohl's, deploying Sephora stores across 850+ suburban locations.

Source: en.wikipedia.org
2023

€14B+ Global Retail Milestone

Recorded over €14 billion ($16.5B) in worldwide retail sales across 2,700+ stores in 35 countries.

Source: en.wikipedia.org

Major Acquisitions

1977

Keep researching Sephora

Sephora Company History FAQ

When was Sephora founded and who started it?

Sephora was established in 1969 in Neuilly-sur-Seine, France. The founders launched the enterprise with a clear mission to innovate within Prestige Beauty Retail & Personal Care, pioneering customer-centric solutions and transforming traditional marketplace practices.

What were the most important milestones in Sephora's history?

Key historical milestones include its initial foundation in 1969, the rollout of proprietary operational and digital platforms, major institutional capital expansions, strategic corporate acquisitions, and its evolution into a recognized market titan generating $16.5B in annual revenue.

How did Sephora survive historic economic downturns?

Sephora navigated major economic crises and market volatility by preserving conservative balance sheet reserves, diversifying its core revenue streams across multiple customer segments, and leveraging low-cost operational infrastructure to maintain positive operating margins.

Where is Sephora headquartered today?

Sephora maintains its global corporate headquarters in Neuilly-sur-Seine, France, directing enterprise strategy, regulatory compliance, technology engineering, and international customer operations from this central location.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.