Brief: L'occitane International Says Reorganisation May Lead To Loss Of About 300 Positions Globally

L'Occitane International SA

27/10/2020 08:56

Oct 27 (Reuters) - L'Occitane International SA  0973.HK :
    * SALES MOMENTUM IMPROVED SIGNIFICANTLY IN FY2021 Q2 WITH
SALES
DECLINE NARROWING TO -4.5% VERSUS. -22.2% IN FY2021 Q1
    * ONLINE CHANNELS CONTINUED TO BE DYNAMIC AND GREW BY 64.6%
IN
FY2021 Q2
    * Q2 NET SALES 342.5 MILLION EUROS VERSUS 374.7 MILLION
EUROS
    * BEGAN REORGANISATION PROCESS MAY LEAD TO LOSS OF ABOUT 300
POSITIONS GLOBALLY
    * REORGANISATION WILL MOSTLY CONCERN CORPORATE POSITIONS

Source text for Eikon:  ID:nHKS7GdJz 
Further company coverage:  0973.HK 

 ((Reuters.Briefs@thomsonreuters.com;))