| From Reuters: Cosmetics retailer L'Occitane International S.A. plans to expand into high-growth emerging markets after its share sale of up to $708 million in Hong Kong. The company has signed up China's sovereign wealth fund China Investment Corp as its cornerstone investor for $50 million worth of shares.
It aims to expand further in China, Brazil, India, Mexico and Russia with expected increases in consumer spending power, L'Occitane chairman Reinold Geiger told reporters via video link from New York.......................................Full Article: Source
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