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French skincare brand L'Occitane sees robust growth in China, Japan

Asia popularity covers for marginal growth in home market

HONG KONG -- The Hong Kong-listed shares of French natural cosmetics brand L'Occitane jumped 3.73% on Wednesday morning trading after the company reported steady revenue growth for the three months ended in June. However, profit-taking saw the shares close slightly lower.

After the market closed on Tuesday, the company said that its revenue grew in the quarter by 4.1% to 279.5 million euros ($324.8 million) from a year ago. Its core market of Japan -- which accounted for 19% of the total sales -- grew at 3.4%, supported by robust online sales which were helped by promotional campaigns on the nation's popular messaging app Line.

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