THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
L’Occitane makes positive start to new financial year

L’Occitane, the beauty and wellbeing brand, has said it made a positive start to its new financial year with first quarter sales up 23.4% at reported… View Article

HEALTH AND BEAUTY NEWS

L’Occitane makes positive start to new financial year

L’Occitane, the beauty and wellbeing brand, has said it made a positive start to its new financial year with first quarter sales up 23.4% at reported rates to €416 million. At constant rates the uplift was 15.8%.

In the three months to 30 June, most markets in the brand’s biggest region, APAC, posted double-digit growth led by Hong Kong, Australia and Malaysia. In addition, sales in the Americas grew by 55.5% at constant rates, which L’Occitane attributed mainly to  the inclusion of its recently acquired Sol de Janeiro brand and the continued reopening of markets.

Meanwhile, sales in the brand’s EMEA region rebounded in the quarter with an uplift  of 10.3% at constant rates. The strongest contributions came from travel retail and distribution sales, as well as improved  retail sales in France and Germany.

André Hoffmann, vice-chairman and chief executive of L’Occitane, said: “After a positive start to FY2023, we stay optimistic about reaching our growth targets this year despite the prevailing headwinds. It is particularly pleasing to see the continued strong growth of the newer brands in our portfolio, which will play an important role in driving the group’s profitable growth.”

Subscribe For Retail News