L'Occitane US corporation approves restructuring plan from federal bankruptcy court

 French natural cosmetics giant L'Occitane Group announced on the 24th that its plans to revitalize its business in the United States have been approved by the Federal Bankruptcy Court in the New Jersey district. The company filed for Chapter 11 of the US Bankruptcy Code in January this year, and was proceeding with business restructuring, including withdrawal from unprofitable stores.

Going forward, we will provide optimal services to our customers through 133 physical stores and online channels in Japan. "This achievement is an important step towards the continuation of the iconic L'Occitane Amprovence brand in the United States," said Yann Tanini, managing director of L'Occitane North America.

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