L'Occitane International, a French cosmetics maker and retailer, is on track to reach its store expansion target this year despite slower global economic growth, as it reports a better-than-expected first-half profit growth.
The company posted a 16.3 per cent year-on-year rise in net profit to €33.7 million (HK$338.1 million) for the six months to September. Sales grew 21.9 per cent to €449.2 million.
via Business feed http://www.scmp.com/business/companies/article/1092540/loccitane-track-reach-store-expansion-target
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