L’Occitane forays into Indian spa market
L’Occitane, the natural skincare and beauty brand, is on an expansion mode. After recently becoming the first French company to list on the Hong Kong Stock Exchange, and being oversubscribed 160 times, it is now entering the Indian spa market in partnership with Devi Resorts. The company’s three stores in the country have been very successful. Its original plan was to open 20 stores in the next five years, but returns have been promising and planning to open four more by the end of this year. The new upmarket spa stores are indeed an opportunity where signage companies will able to unfold new business.
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