By  on March 17, 2014

Less than a year after it opened, Sephora in India has changed hands.

Ravi Thakran, managing partner of L Capital Asia — the LVMH Moët Hennessy Louis Vuitton-sponsored private equity fund — spoke to WWD about the reasons for such a quick change and about the perception of beauty and the response to Sephora in India.

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