Company News, Financial News

L’Occitane Group Reports 16.5% Rise in Q3 Net Sales

Newly-consolidated brands Sol de Janeiro and Grown Alchemist impact the quarter.

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By: Lianna Albrizio

Associate Editor

Net sales for L’Occitane Group in the nine months ended December 31, 2022 were $1.7 billion—representing 16.5% growth, according to the company.   The newly-consolidated brands Sol de Janeiro and Grown Alchemist made an impact on the quarter, said the company.   “Like many brand operators with a strong retail footprint, we are feeling the effect of China’s exit from Covid-19 restrictions and more cautious sentiment in other markets around the world,” said André Hoffmann, vice-cha...

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