L’Occitane to stay in Russia despite political pressure

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L’Occitane to stay in Russia despite political pressure
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L’Occitane has 112 stores in Russia with sales topping more than £42 million in the year to 31 March 2021

luxury cosmetics retailer L’Occitane will keep its stores in Russia open despite political pressure to close them, the company has announced., the company said it had discussed closing the stores, but decided against the move to protect staff from “retaliation”., according to the company’s most recent annual report. The company’s sales in Russia topped €50 million in the year to 31 March 2021, representing 3.3% of the company’s worldwide revenues.

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