L’Occitane Group says its Brazilian-inspired beauty brand Sol de Janeiro has got off to a flying start in the global travel-retail industry with Millennial and Gen Z audiences driving sales with impulse purchases.
Hong Kong-listed L’Occitane International’s flagship brand recorded a sales dip of 0.9% in the nine months ending December 2022 due to challenges related to COVID-19 in China and Japan.
The fragrance category has evolved to become an essential category for wellness as well as self-expression, according to exclusive insights from major players like Coty, along with a line-up of exciting niche labels.
L’Occitane International has reported that Asia Pacific grew by 1.9% at constant rates in the first half (H1), led by Hong Kong, Australia, and Malaysia, helping to offset the second consecutive quarter of double-digit declines for China.
Hong Kong-listed L’Occitane’s business in China dropped by double digits due to COVID-19 troubles, hindering the performance of the Asia Pacific region in the three months ending June 30.
L’Occitane International saw China emerge as its top driver for sales in FY2022, charting a net sales growth of EUR327.9m (U$347.3m), alongside other significant APAC markets Japan and Hong Kong.
French cosmetics company L’Occitane has moved to make its portfolio more appealing to millennials and Gen Z consumers with the acquisition of Australian clean beauty brand Grown Alchemist.
L’Occitane International has recorded sales growth of 23% in China during the first half of its 2022 fiscal year aided by investments and new launches of core brand L’Occitane en Provence.
Hong Kong-listed L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic thanks to the performance of key brands, online sales and offline recovery.
Hong Kong-listed L’Occitane saw a resurgence in brick-and-mortar retail channels with sales growing 67.6% in the first quarter of its 2022 fiscal year, with online channels dipping by 15%.However, the firm’s online sales still accounted for more than...
Hong Kong-listed L’Occitane International has credited the growth of its online sales in part to its successful social selling initiatives in markets including South Korea, Europe and the US.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the first-quarter results from Shiseido, Kao Corp, L’Occitane and more.
L’Occitane Group believes the long-term success of its online and omnichannel initiatives still rely on the presence of brick-and-mortar stores, despite sales being hit during the COVID-19 pandemic.
L’Occitane International is looking to boost development in the hand care category to keep up with demands generated by the novel coronavirus (COVID-19) outbreak.
L’Occitane’s acquisition of Elemis in January has contributed to strong growth across the group for the first half of FY2020, with overall net sales up 22.1% and extremely fast growth in the UK.
![’Occitane International’s flagship brand recorded a sales dip of 0.9% in the nine months ending December 2022. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occtiane-en-provence-sales-dip-attributed-to-covid-19-challenges-in-china-japan/16140692-1-eng-GB/L-Occtiane-en-Provence-sales-dip-attributed-to-COVID-19-challenges-in-China-Japan.jpg)
![L'Occitane says the extract is high in antioxidants and thus can reduce reactive oxygen species (ROS) in the skin and limit protein carbonylation [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/formulation-science/l-occitane-korean-chili-pepper-extract-research-for-skin-radiance-promising/15987626-1-eng-GB/L-Occitane-Korean-chili-pepper-extract-research-for-skin-radiance-promising.jpg)
![L'Occitane Hong Kong, Australia, and Malaysia, help to offset double-digit decline for China. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-h1-hong-kong-australia-and-malaysia-lead-apac-growth-as-china-continues-to-slump/15889292-1-eng-GB/L-Occitane-H1-Hong-Kong-Australia-and-Malaysia-lead-APAC-growth-as-China-continues-to-slump.jpg)
![L'Occitane’s business in China dropped by double digits due to COVID-19 troubles. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-q1-double-digit-decline-in-china-hinders-group-s-apac-performance/15642588-1-eng-GB/L-Occitane-Q1-Double-digit-decline-in-China-hinders-group-s-APAC-performance.jpg)
![The APAC region, particularly China, Japan and Hong Kong, is driving the growth of L’Occitane International. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/07/04/china-major-contributor-to-overall-growth-for-l-occitane-fy-results/15558299-1-eng-GB/China-major-contributor-to-overall-growth-for-L-Occitane-FY-results.jpg)
![L’Occitane has moved to make its portfolio more appealing to millennials and Gen Z consumers with the acquisition of Grown Alchemist. [Grown Alchemist]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-targets-young-consumers-after-latest-clean-beauty-acquisition/15293260-1-eng-GB/L-Occitane-targets-young-consumers-after-latest-clean-beauty-acquisition.jpg)
![L’Occitane credits launches like Osmanthus fragrance for grow in China. [L’Occitane en Provence.]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/12/01/l-occitane-china-sales-rise-23-on-the-back-of-new-launches-such-as-osmanthus-fragrance/13054581-1-eng-GB/L-Occitane-China-sales-rise-23-on-the-back-of-new-launches-such-as-Osmanthus-fragrance.jpg)
![L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-q2-sales-rebound-to-surpass-pre-pandemic-levels-by-7/12961434-1-eng-GB/L-Occitane-Q2-sales-rebound-to-surpass-pre-pandemic-levels-by-7.jpg)
![L’Occitane saw a resurgence in brick-and-mortar retail channels with sales growing. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-s-records-brick-and-mortar-recovery-as-online-sales-slide/12733604-1-eng-GB/L-Occitane-s-records-brick-and-mortar-recovery-as-online-sales-slide.jpg)
![L’Occitane credited the growth of its online sales in part to its successful social selling initiatives. [L’Occitane International]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-online-sales-grow-69-thanks-to-social-selling-initiatives/12600820-1-eng-GB/L-Occitane-online-sales-grow-69-thanks-to-social-selling-initiatives.jpg)
![Our updates on financial results, M&As and funding drives in the cosmetics industry. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-kao-l-occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update/12569556-1-eng-GB/Shiseido-Kao-L-Occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
