Company News, Financial News

Sales Grew 18.5% at Reported Rates for L’Occitane Group

L’Occitane en Provence grew 3.5% with double-digit sales growth in China; Sol de Janeiro accelerated to 188.8%.

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By: Lianna Albrizio

Associate Editor

Sales for L’Occitane International SA grew 18.5% at reported rates per its unaudited quarterly update for the period ended Sept. 30, 2023.   The group maintained solid momentum with net sales amounting to $1.1 billion in the six months ended Sept. 30, 2023 or FY2024 H1, representing growth of 18.5% at reported rates or 24.9% at constant rates.    The growth was mainly driven by the outperformance of Sol de Janeiro and the steady growth of L’Occitane en Provence with the recoverin...

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