By  on December 3, 2010

PARIS — Who will steer Sephora, the world’s most powerful perfumery chain, in 2011 and beyond? Rumor has it Jacques Levy, president and chief executive officer of Sephora Worldwide, is due to step down from his position at the end of December. It is believed he will stay on through March as a consultant while his successor is recruited.

A spokeswoman from LVMH Moët Hennessy Louis Vuitton, owner of Sephora, said the group had no comment on the speculation.

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