L’Occitane Group underperformed in Asia Pacific for the nine months of fiscal 2023, with growth of 2.7% at reported exchange rates and a decline of 0.6% at constant exchange rates.
On January 31, L’Occitane Group announced its financial results for the third quarter of fiscal year 2023 ending December 31, 2022. According to the results, for the first nine months of fiscal 2023, the Group’s net sales amounted to 1.602 billion euros ($1.77 billion), up 16.5% at reported exchange rates and 10.6% at constant exchange rates, with sales growth of 2.3% on a comparable basis.
