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Growth of 20.2% was driven by the outstanding performance of Sol de Janeiro and L’Occitane en Provence with a recovering trend in China.
July 25, 2023
By: Lianna Albrizio
Associate Editor
L’Occitane International S.A. this week announced its unaudited quarterly update for Q1 2024 for the three months ended June 30, 2023. The group reported a solid start to with net sales of $554.7 million in FY2024 Q1, representing growth of 20.2% at reported rates or 24.5% at constant rates. The growth was mainly driven by the outstanding performance of Sol de Janeiro and the decent growth of L’Occitane en Provence with a recovering trend in China. In terms of performance by...
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