THE WHAT? L’Occitane has reported its results for the first half of fiscal 2024. The French natural cosmetics company saw net sales surge 24.9 percent to tip its total over the €1 billion mark. Operating profit decreased by 11.8%.
THE DETAILS By brand, Sol de Janeiro was the star performer with sales up 188.8 percent at constant rates. Elemis, meanwhile, put on a solid 7.6 percent while a 22 percent rise in sales in China helped signature brand, L’Occitane en Provence deliver ‘decent’ growth.
THE WHY? André Hoffmann, Vice-Chairman and Chief Executive Officer of L’Occitane, comments, “We are cautiously optimistic about our prospects in the second half of FY2024 as we head into the holiday and gifting seasons. Despite its near-term impact on our margins, our expanded marketing investments are already bearing fruit in boosting brand awareness and engagement, and remain vital in supporting our ability to outperform the overall premium beauty market in China and other key markets.” “Through our portfolio of strong and unique premium beauty brands and our commitment to investing for the long-term, we are well-positioned to continue driving sustainable growth and profitability for our shareholders and stakeholders.”
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
