Profit dip but sales boost in Asia keeps L’Occitane happy
French cosmetics firm L’Occitane saw its fiscal H1 profit take a dip despite posting net sales growth driven by the market in Asia and a turnaround in the US.
News & Analysis on Cosmetics Innovation
French cosmetics firm L’Occitane saw its fiscal H1 profit take a dip despite posting net sales growth driven by the market in Asia and a turnaround in the US.
The global market for glycerin is projected to reach $8.4bn (£5.4bn) by 2017 driven by the growing demand in the personal care sector, particularly in Asia, according to a market analyst.