Analysis of the Bankruptcy of L’OCCITANE

DOI

10.2991/aebmr.k.210712.029How to use a DOI?

Keywords

L’Occitane, Bankruptcy, Management

Abstract

The financial bankruptcy of leading global beauty giant L’OCCITANE has aroused widespread attention worldwide with major impacts on the financial decline of the brand and the brand filing bankruptcy. The underlying factors point to fiscal management and varying trends in the beauty world. This is the central reasoning behind the bankruptcy of the brand around the world. The impact of Covid-19 in the bankruptcy is another central factor. This paper aims to explore the key factors that contributed to the bankruptcy of the beauty giant and the contributing factors that led to the eventual Chapter 11 filing. This paper provides statistical insight into the closure of the firm and presents a holistic insight into the contributing factors to the bankruptcy of the company.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xu Weiwei
PY  - 2021
DA  - 2021/07/12
TI  - Analysis of the Bankruptcy of L’OCCITANE
BT  - Proceedings of the 2021 International Conference on Economic Development and Business Culture (ICEDBC 2021)
PB  - Atlantis Press
SP  - 175
EP  - 179
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210712.029
DO  - 10.2991/aebmr.k.210712.029
ID  - Weiwei2021
ER  -