In terms of individual markets, the Chinese Mainland is the second-largest market, achieving a strong growth of 19.3% at constant exchange rates, accounting for 12.9% of the group’s sales and becoming a key growth engine for the group.
For the outlook, André Hoffman, the Vice-Chairman & Chief Executive Officer of L’Occitane noted:“The strongest of the current headwinds are likely to prove short-term. We remain optimistic about our long-term strategy.”