L’Occitane Hong Kong sales rises

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L’Occitane sales rose to HK$2.7 billion (US$344 million) over the last three months.

The French headquartered, Hong Kong-listed retailer’s as-yet unaudited trading update for the three months ended June 30, shows a rise of 6.2 per cent (reported rates) and 12.3 per cent (constant rates) year-on-year for the three month period.

The market showing the highest sales growth was the US at 73.7 per cent, attributed to the resurgence of the L’Occitane en Provence brand and LimeLife. Same-store sales grew 0.6 percent year on year.

Local currency sales in Hong Kong were shown to have risen 25.5 per cent with same-store sales growth as high as 11.1 per cent.

Detailed financials are expected to appear in the firm’s annual report due at the end of the 2019 financial year.


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