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L'Occitane en Provence storefront

U.S. Arm of L’Occitane Exits Chapter 11 with “Right-Sized” Store Footprint

L’Occitane, Inc. exited Chapter 11 protection August 31 following the approval of its reorganization plan by the U.S Bankruptcy Court for the district of New Jersey. The U.S. arm of beauty products retailer L’Occitane International S.A. had filed in late January, citing disruption to its brick-and-mortar sales due to the pandemic. 

The reorganization plan calls for a footprint of 133 L’OCCITANE en Provence locations following the store optimization program. Jointly proposed by the company and the official committee of its unsecured creditors, the plan provides for full recovery on the allowed claims of all creditors. 

“With our boutique footprint now right-sized, we are in a strong position to continue delivering the extraordinary L’OCCITANE beauty experience and one-of-a-kind products that our customers know and love,” said Yann Tanini, managing director of L’Occitane North America. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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