Wellness

L’Occitane Q2: Recovery could be around the corner as net sales decline narrows

L’Occitane Q2: Recovery could be around the corner as net sales decline narrows

L’Occitane has announced its results for the second quarter of the current financial year (FY2021). The group reports that recovery is on the horizon as its net sales decline has narrowed significantly from 22.2 percent in Q1 to 4.5 percent this quarter. As a result, sales were down 13.1 percent to €616.6 million for the six months ended September 30, 2020.

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