L'occitane

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Retail Asia05/05/2023

Soaring sales in the Americas and a growing brand portfolio helped drive beauty retailer L’Occitane International’s global sales up by 17.9 percent in the year to March 31, to US$2.356 billion. Sales surged 80.4 percent in the region – or 62.8 percent at constant exchange rates – mainly thanks to the US performance of the […]

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Retail Asia28/03/2022

Hong Kong-listed beauty giant L’Occitane Group has acquired a majority stake in Australian-based clean skincare brand Grown Alchemist for an undisclosed sum. Grown Alchemist was founded in 2008 by Melbourne siblings, Jeremy and Keston Muijis, with a focus on futuristic anti-aging technology and unique botanical skincare formulas for optimal skin health. The brand opened a […]

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Retail Asia18/11/2021

The L’Occitane group has acquired an 83 percent stake in Brazilian-inspired body care brand Sol de Janeiro as part of a strategy to expand its premium beauty offer. Upon the deal’s closure, Sol de Janeiro will become a majority-owned subsidiary of L’Occitane group. The value of the deal has not yet been disclosed. L’Occitane said […]

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Retail Asia12/10/2021

If you’re a fan of the French skincare brand L’Occitane, then you’ll be happy to know that the retailer has just launched their first eco-friendly shop in the city, as part of their efforts to embrace sustainability and reduce local plastic waste. Located in Pacific Place Mall, the new store is designed to appeal to […]

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Retail Asia01/07/2021

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Beauty products retailer L’Occitane International has reported sales and profit beyond expectation after successfully adapting to the challenges of selling products during a global pandemic. Despite the Covid crisis, like-for-like net sales of US$1.83 billion were down just 1.1 percent against the previous year, but net profit grew by 36.3 percent to a record $187 […]

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Retail Asia28/01/2021

L’Occitane U.S. filed Chapter 11 bankruptcy protection in New Jersey on Tuesday, seeking to close stores. The business cited declines in brick-and-mortar sales and the ongoing coronavirus pandemic as the reasons for the filing. “Like most retailers in the United States, the debtor has been impacted by the COVID-19 pandemic, which has significantly limited retail operations […]

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Retail Asia27/01/2021

The new Sustainability Concept Store focuses on reducing plastic waste and supporting local sustainability projects. Located at Pacific Place in Hong Kong, the new store aims to engage the public in a fun way by undertaking green tasks and earning points through the new #MEGA Sustainability Reward Program. Tasks as simple as recycling their beauty […]

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Retail Asia29/10/2020

Beauty products brand L’Occitane saw sales momentum improve significantly in the September quarter as consumers resumed shopping in the wake of Covid-19 lockdowns in much of the world. The year-on-year decline in sales improved from 22.2 percent in the June quarter to a more modest 4.5 percent in the subsequent three months. Sales for the […]

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Retail Asia23/07/2020

Strong sales across Asia and rapid online growth helped beauty-products retailer Groupe L’Occitane contain its sales decline during the June quarter to a comparatively respectable 22 percent. The Hong Kong-listed company singled out China, South Korea, and Taiwan as its strongest-performing markets, which “bounced back rapidly” after lockdowns, recording year-on-year sales growth of 24.9 percent, […]

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Retail Asia07/08/2019

L’Occitane sales plunged by nearly one fifth in Hong Kong and Macau during the June quarter. According to a stock exchange filing, the Hong Kong-listed retailer’s sales in the two territories, which includes Asian travel retail wholesale business, fell by 18.8 per cent on a currency-neutral basis. That contrasts with 9.3 per cent growth in […]

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Retail Asia08/07/2019

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Hong Kong-listed beauty-products retailer L’Occitane is reaping the benefits of a restructure with profit up 21.8 percent last financial year to €117.6 million. And chairman Reinold Geiger says even better results are in the pipeline. “The group now operates as a multi-brand entity, where unique brand identities are celebrated and common values shared — respecting […]

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Retail Asia15/01/2019

Hong Kong-listed cosmetics retailer L’Occitane International is to buy privately owned beauty and skincare brand Elemis for about US$900 million. “This is L’Occitane’s largest acquisition since listing and a major step forward in building a group of premium beauty brands,” said CEO Reinold Geiger in a statement. The move is part of a strategy to […]

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Retail Asia30/11/2018

Hong Kong-listed beauty products retailer L’Occitane may be taken private after at least one expression of interest in the business from a private equity investor. London-based private equity group Advent International has reportedly enquired about acquiring the company, which has an estimated US$2.7 billion market value. L’Occitane’s appeal has grown since listing on the HKSE […]

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Retail Asia26/10/2018

Hong Kong-listed, Luxembourg-headquartered beauty products retailer L’Occitane has reported healthy sales growth on the back of a key acquisition. Same-store L’Occitane sales in Hong Kong rose 18.6 per cent on a currency-neutral basis in the six months to September 30, and by 14.1 per cent in Mainland China. Chairman Reinold Geiger said the Hong Kong […]

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Retail Asia27/08/2018

Beauty products retailer L’Occitane has opened a New York flagship on Fifth Avenue which it describes as “a unique immersive destination”. The 1870sqft store at 555 Fifth Avenue was designed by L’Occitane’s Daniel Contorni, international artistic director, and Paul Blackburn, VP concept design, construction & merchandising with the Hong Kong-listed, French-styled retailer. “To adapt to […]

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Retail Asia27/07/2018

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 […]

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Retail Asia13/06/2018

China and Hong Kong were among the key contributing markets to overall growth in L’Occitane sales for its year to the end of March. The Hong Kong-listed, French fragrance group’s net sales were €1.31 billion, up 4.6 per cent at constant exchange rates and a slight decrease of 0.3 per cent at reported rates. Gross […]

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Retail Asia31/05/2018

French fragrance retailer L’Occitane plans to open a pop-up cafe, named A Journey in Every Sense, at Ion Orchard between July 3 and 16. Launching in collaboration with dessert specialist Janice Wong, it will feature her creations with such ingredients as cherry blossom, verbena, bergamot, rose and almond. Being promoted as a Province experience, the cafe […]

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Retail Asia25/04/2018

China continued to outperform for fragrance group L’Occitane International during the year ended 31 March, its unaudited trading figures show. Along with Brazil, Hong Kong and the US it showed the highest sales growth in local currencies. China’s sales growth was 20.5 per cent in local currency with same-store sales growth of 15.1 per cent as […]

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Retail Asia24/01/2018

China and Hong Kong, along with Brazil, had the highest sales growth in local currencies for French cosmetics company L’Occitane International for the nine months to the end of December. China sales grew 23.4 per cent in local currency, with same-store sales up 17.4 per cent. Hong Kong had 9.7 per cent growth at constant […]

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