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Translated by
Roberta HERRERA
Published
Jul 28, 2022
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L'Occitane reports a 15.8% increase in sales in the first quarter

Translated by
Roberta HERRERA
Published
Jul 28, 2022

In the first quarter of fiscal year 2022/2023 that closed on June 30, the L'Occitane cosmetics group recorded sales of €416 million, up 15.8% at constant exchange rates over the same period last year.


L'Occitane en Provence Shower Gel - DR


During the period, the group, which owns L'Occitane en Provence, Elemis and Melvita, benefited from its recent acquisitions that include Sol de Janeiro, which reported first-quarter sales of €40.8 million, and Grown Alchemist, acquired in March 2022.

The group's flagship brand, L'Occitane en Provence, posted sales of €290.5 million, up 5.9%. Elemis sales increased by 9.8% to €40.3 million, and the "other brands" division, which includes Melvita, Erborian, L'Occitane in Brazil, LimeLife and now Grown Alchemist, posted sales of €44.5 million, down 3.4%. This decline is attributable to LimeLife's weak performance.

At constant growth rates, APAC grew 1.2%, Americas grew 55.5% and EMEA grew 10.3% in Q1.

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