Asia sales power L\'Occitane
French cosmetics maker L\'Occitane has seen net profits climb to €33.7m for the six months up to the 30 September; sales accelerated almost 22 per cent to €449.2m.
French cosmetics maker L'Occitane has seen net profits climb to €33.7m for the six months up to the 30 September; sales accelerated almost 22 per cent to €449.2m.
L'Occitane's total tally of retail locations climbed from 2,082 at March 2012 to 2,218 as of 30 September. Russia and China were the best-performing markets in net sales growth, taking 35.0 per cent and 22.7 per cent in local currency.
"Developed markets like Hong Kong, the United Kingdom and the United States also continued to contribute and maintained solid growth, with strong double-digit net sales growth at 18.7 per cent, 20.5 per cent and 16.9 per cent in local currency," said the Hong Kong listed company in a press statement.
Currently L'Occitane shares are close to a 52-week high, valued – at time of writing – at the HK$24.35 mark.
