Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
L'Occitane is a French luxury retailer of body, face, hair, perfume and home products.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedAnnounced exit, transferred ownership of Russian business to local management, but stores are open. 10.06.2022: Kovalenko Rostislav Petrovich becomes the new founder of the organization, Milehina Natalya Yuryevna becomes the new founder of the organization, Aleksey Vladimirovich Shumov becomes the new founder of the organization, Olga Faritovna Sabirova becomes the new founder of the organization. The record about the founder COMPANY "L'OССITAN INTERNATIONAL S.A." was deleted from the register BUT stores are open and company still continue selling its goods. L’Occitane 2023 profits dragged down by Russian divestiture and lagging brands. In fact, the change of owners took place on June 10, 2022, although the brand is still used.