The Kohl's-Sephora Partnership Is a Game Changer

The Kohl's-Sephora Partnership Is a Game Changer

In recent years, growing its beauty business has been one of Kohl's (NYSE: KSS) biggest strategic priorities. Kohl's has solved this problem through a new partnership with Sephora, the global beauty retail giant owned by LVMH Moet Hennessy Louis Vuitton. Here's why the new partnership -- announced on Tuesday and scheduled to launch next fall -- looks like a game changer for Kohl's.