Retail

“Mr. Hosseini co-founded The Luxe London, a U.K.-based startup that has been selling luxury goods to Iranians directly from Europe, eliminating middlemen and leaving little doubt about the authenticity of products. The Luxe London has done hundreds of thousands of pounds worth of sales in the past year and a half, he said, a sign that retailers may have online solutions to address the lack of confidence in locally available luxury goods.” (The Wall Street Journal, "Luxury Brands Struggle to Steer Iranians Away From Knockoffs," 1/23/2017). 

According to a 2019 company report, Abu Issa Holding has done projects in Iran.

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Abu Issa Holding, one of the largest retail and luxury goods firms in the Middle East, plans to expand into Iran in 2017 and open stores in Tehran selling watches and confectionery as the market opens up after sanctions. (2017)
 

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Abu Issa Holding, one of the largest retail and luxury goods firms in the Middle East, plans to expand into Iran next year and open stores in Tehran selling watches and confectionery as the market opens up after sanctions. The family-run Qatari firm is an example of a Gulf Arab business that could benefit from the lifting last January of nuclear-related sanctions that largely closed Iran off for years... "It's an obvious expansion for our business," 48-year-old Ashraf Abu Issa, chairman and chief executive of Abu Issa Holding, said at the Reuters Middle East Investment Summit... "We will start with five or six stores in Tehran. We plan to open a similar number every year for the next five years and also in the city of Isfahan, which we expect to become a touristic hub in coming years." (Reuters,  "Qatar's Abu Issa Holding to enter Iran retail market in 2017," 10/31/2016).

"French cosmetics retailer Sephora will postpone the opening of several retail outlets in Iran to end-2017 from 2016 as initially planned because the right financial and political conditions are not yet in place, sources said on Monday. "Nothing will happen until the second half of 2017 at the earliest because conditions are not yet in place for things to happen," one of the sources close to the matter told Reuters. Sephora, part of luxury industry leader LVMH with around 2,000 outlets worldwide, is keen to build its presence in Iran where there is huge demand for cosmetics and especially make-up." (Reuters, "Cosmetics retailer Sephora postpones opening of Iran shops end-2017," 10/3/2016).

Schwan Cosmetics is listed as one of the companies that attended as part of the Bavarian delegation to Iran from November 1-3, 2015. The company stated they are looking to strengthen in Iran and further expand. (Bavarian Delegation List)

"Since the 2015 nuclear deal, high-end fashion brands such as Escada and Roberto Cavalli have opened shops in Iran, but not everyone can afford Western prices for original designer …" (November 16, 2017)

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"To date Spanish clothing retailer Mango, Italian fashion boutique Benetton, and luxury women's designer Escada, are among the very few Western companies to open shops in Iran." (BBC News, "Why a luxury-shopping revolution is coming to Iran," 6/26/15)

"To date Spanish clothing retailer Mango, Italian fashion boutique Benetton, and luxury women's designer Escada, are among the very few Western companies to open shops in Iran." (BBC, "Why a luxury-shopping revolution is coming to Iran," 6/26/15)

Listed as a French member of the Franco-Iranian Chamber of Commerce and Industry

L'Oreal lists a USA website.

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“Iran [welcomes] the most senior French trade delegation in years on Monday, telling more than 100 executives that the farsighted among them stood to win the race for business following an easing of some economic sanctions…’A new chapter has begun in relations between Iran and Europe,’ Mohammad Nahavandian, President Hassan Rouhani's chief of staff, was quoted as saying by the official IRNA news agency. ‘You should carry the message back that potential for cooperation with Iran is real and not to be overlooked,’ he told the delegation. ‘Those with longer foresight stand to win this race.’ The delegation of more than 100 executives from Medef, the French employers' association, on a Feb 2-5 trip, met Nahavandian and members of Iran's Chamber of Commerce, Industries, Mines and Agriculture, IRNA said. A source close to the delegation told Reuters it was the most senior group of entrepreneurs and financiers to visit Iran since the 1979 revolution, representing the defence, aviation, petrochemicals, automotive, shipping and cosmetics sectors. Among companies represented were Safran, Airbus, Total, GDF-Suez, Renault, Alcatel, Alstom, Amundi and L'Oréal, the source said. ‘Many of these firms have worked in Iran before and their goal now is to restore links,’ the source said. ‘The very makeup of the delegation shows these people are here to evaluate potential for cooperation.’ A French embassy source in Tehran said the visit was merely exploratory and ‘nothing is to be signed this time around.’” (Reuters, “Iran welcomes French business chiefs after sanctions eased,” 2/3/14)

"Iranian authorities have closed the Tehran operations of Oriflame Cosmetics and detained five workers, the Swedish firm has said. The reasons for the move were disputed, with Tehran alleging fraud and Oriflame saying the authorities disliked it employing women in certain roles. Last week, Iran's commerce and culture ministries called the company illegal and blocked its local internet site." (BBC News, “Oriflame workers detained in Iran as operations shut,” 08/23/10)

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Oriflame's Iranian Supplier (Oriflame Persia)