L'Occitane, a French company that makes and sells cosmetics and skincare products, has started investor education for a Hong Kong initial public offering IPO of up to $700 million. The company has chosen the Hong Kong bourse over Paris, confirming its determination to make the most of the strong growth in the region.
And given that the Chinese word for Hong Kong translates into fragrant harbour in English, what better place to list for a company that makes a living from selling fragrant beauty products.
If successful, L'Occitane will become the first French company to list on the Hong Kong stock exchange, and will make investors and analysts turn their noses towards the lavender,...
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