HONG KONG — French beauty group L’Occitane International SA said Sunday that it intends to raise as much as 5.49 billion Hong Kong dollars, or $707.2 million, through an initial public offering.
This will be the first time a French company will have listed on Hong Kong’s bourse. “We grew L’Occitane in Asia out of Hong Kong so it makes sense to go where our customers are,” explained chairman and chief executive officer Reinold Geiger during a video press conference from New York.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"