HIGH END BEAUTY RETAILER L’OCCITANE PINS GROWTH ON NATURAL PRODUCTS

Featured image of the article HIGH END BEAUTY RETAILER L’OCCITANE PINS GROWTH ON NATURAL PRODUCTS
Publication

20 October 2015 à 01h18

Updated on 10 May 2019 à 18h15

Reading time

7 minutes

Publication: 20 October 2015 à 01h18, Updated on 10 May 2019 à 18h15

Reading time: 7 minutes

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In 1995, the beauty retailer L’Occitane was close to bankruptcy. By 2015 it turned into a global player with 92% of sales from foreign countries, including 40% from Asia. Global Retail News met Nicolas Siriez, Managing Director of L’Occitane en Provence since May 2012.
Publication

20 October 2015 à 01h18

Updated on 10 May 2019 à 18h15

Reading time

7 minutes

Publication: 20 October 2015 à 01h18, Updated on 10 May 2019 à 18h15

Reading time: 7 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
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Global Retail News: Can you please showcase the L’Occitane group? Nicolas Siriez:

L’Occitane creates, manufactures and sells cosmetic products from natural and organic ingredients. We run 2,797 stores, including 50% fully-owned units. In the fiscal year to March 2015, our operating margin jumped by 24% and turnover increased by 11.7% to €1.18 billion (+5.7% like-for-like).

Where does this dynamic come from?

Essentially from foreign countries, which account for 92% of sales. Japan is the...

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