In terms of regional sales results, the Americas were the fastest growing region with sales of €695 million ($767.5 million), up 80.4% at reported exchange rates and 62.8% at constant exchange rates. The performance in Asia Pacific also recovered overall, leading the region with sales of €896 million ($989.5 million), up 2.4% at reported exchange rates. The business in the EMEA region was down 0.7% at constant exchange rates, mainly due to the withdrawal of operations from Russia.
In its financial results in Q3 of FY2023, L'Occitane said that sales in its China operations were down ten percent at constant exchange rates, mainly due to the impact of the epidemic. The recovery in China in the fourth quarter was mainly due to the travel retail channel in Asia Pacific and increased sales following the end of the epidemic restrictions in China. Click here
About Chaileedocom
Chaileedo is a dependant company of Qeyes which is the most influencial and famous Chinese Beauty Industrial Media and Research Organisation. Our 3 founders have a total of 45 years in the Beauty Media Industry and has become the most influencial persons amongst all major beauty brands. We have partnered with more than 200 brands, upper-stream factories, lower-stream distributors to provide in-depeth and exclusive insights of the niche market in China. We also help thousands of business to get started on their journey into this business.