LVMH-owned brand latest to signal weakness following L’Oreal and Estee Lauder. Sephora is cutting back its workforce in China as one of LVMH’s biggest revenue generators struggles to gain traction in the tough mainland beauty market. The beauty retailer is reducing its headcount in China by about 120 roles, it said on Wednesday (Aug 21), with a focus on streamlining roles at headquarters. Although the cuts represent less than 3 per cent of Sephora’s China-based workforce of 4,000, they point to