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L'Occitane posts $18,057 net loss, $10.85 million net revenue for May
By Sarah Lizee
Olympia, Wash., June 22 – L'Occitane, Inc. reported an $18,057 net loss on $10.85 million of net revenue for the May period, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of New Jersey.
The company listed $20.78 million of unrestricted cash and equivalents as of May 31.
L'Occitane is a New York-based retail chain that sells and promotes beauty and well-being products. The company filed bankruptcy on Jan. 26, 2021 under Chapter 11 case number 21-10632.
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