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Reuters
Published
Jun 27, 2011
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L'Occitane says to invest more in emerging markets, more stores in China

By
Reuters
Published
Jun 27, 2011

June 27 - French cosmetics maker L'Occitane International SA will continue to invest in new stores in emerging and fast-growing developed markets in fiscal 2012, Managing Director Andre Hoffmann said on Monday.

L’Occitane
Skin care products of L'Occitane

L'Occitane would also focus in growth opportunities in the United States and planned to open 30 stores in China in fiscal 2012, up from a net increase of 24 in the previous year, Hoffmann told a news conference after the company announced its first annual results following its Hong Kong listing last year.

(Reporting by Donny Kwok; Editing by Chris lewis)

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