French retailer of skincare products L’Occitane International S.A saw its same-store sales in Hong Kong and Macau decline by 17.3 per cent in the nine months ended December 31, 2015 in contrast to the overall groupwide same-store sales growth of 1.8 per cent in the period, the company announced in its unaudited trade update for the Hong Kong Stock Exchange. L’Occitane, which operated 38 stores in Hong Kong and Macau in the period, said the total retail sales in the territories in these first three quarters of the current fiscal year had also dropped by 14.5 per cent against the backdrop of fewer Mainland Chinese visitors and the relatively strong Hong Kong dollar.


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