grown alchemist news and archive

Grown Alchemist changes ownership to drive international growth

Australian beauty brand Grown Alchemist has confirmed that it is moving into privately held ownership and is no longer part of the L’Occitane Group as it looks to accelerate growth and international expansion. In a statement, Grown Alchemist said André Hoffman, L’Occitane Group’s former vice chairman and former chief executive officer, who...

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L’Occitane starts FY23 with strong Q1 sales growth

For the first quarter, L’Occitane International S.A. saw a positive start to FY2023 with sales reaching 416 million euros, up 23.4 percent at reported rates and 15.8 percent at constant rates. The company said in a statement that on a like-for-like basis, excluding the recently acquired brands Sol de Janeiro and Grown Alchemist, the Russia...