07.07.10
L’Occitane posted a 13.9% increase in sales for the fiscal year ended March 31, helped along by strong results in Japan, Hong Kong, the U.K., Brazil, China and Russia.
The French natural beauty company, which listed on Hong Kong’s stock exchange in May, generated revenues of 612.2 million euros, or $865.5 million at average exchange, in the 12-month period.
“Despite a challenging business environment, we managed to deliver an encouraging set of results for the first time as a listed company,” stated Reinold Geiger, chairman and chief executive officer of L’Occitane. “This demonstrates the company’s strong brand equity and sound planning and execution capability driven by a clear principle for pursuing profitable growth.”
The company said it plans to increase its retail store count internationally.
The French natural beauty company, which listed on Hong Kong’s stock exchange in May, generated revenues of 612.2 million euros, or $865.5 million at average exchange, in the 12-month period.
“Despite a challenging business environment, we managed to deliver an encouraging set of results for the first time as a listed company,” stated Reinold Geiger, chairman and chief executive officer of L’Occitane. “This demonstrates the company’s strong brand equity and sound planning and execution capability driven by a clear principle for pursuing profitable growth.”
The company said it plans to increase its retail store count internationally.