L’OCCITANE REVERSES SALES DECLINE IN FY2021 Q3

L’OCCITANE REVERSES SALES DECLINE IN FY2021 Q3

THE WHAT? L’Occitane has announced an overall growth of 4.3% at constant rates for the three months ending 31 December, 2020, reversing sales declines in the previous two quarters.

THE DETAILS Net sales in the nine months ending 31 December, 2020, reached €1,189.4 million, representing a decrease of 5.4% at a constant rate, while the group’s online channels outperformed, growing 71.8 percent in the period and accounting for 38.1 percent of total net sales.