French beauty group L’Occitane en Provence, which was listed on Hong Kong’s stock exchange in May, is now expanding on multiple fronts, including the U.S. and Italy.
The firm, which registered a 13.9 percent uptick in sales for the fiscal year ended March 31, generating revenues estimated at about $885.5 million, envisions eventually upping its number of stores in the U.S. to 300. Furthermore, it is rolling out a new store concept in the States.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)