By  on December 28, 2011

MEXICO CITY, Mexico — Sephora plans to roll out 10 to 12 stores in Latin America by 2013 as it moves to capitalize on the region’s fast-growing beauty market, according to Paula Larroque, Latin America senior vice president of the French perfumery chain.

Sephora, which opened its first Mexican store in Mexico City in late October, plans to make its debut in São Paulo, Brazil, next April, Larroque said. That store will contain 400 to 500 square meters, or 4,300 to 5,300 square feet, of space and will be located in the city’s new luxury shopping mall, Centro Comercial Iguatemi.

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