Founding and early years In 1976, 23-year-old
Olivier Baussan began producing
essential oil from wild
rosemary and lavender using
steam distillation, which he sold at open-air markets in his native Provence. The following year, he revived the traditional art of Marseille soap-making in
Manosque using an old soap factory. The first L’Occitane factory and boutique opened in 1981 in
Volx, a village in Provence. The company’s name,
L’Occitane, is derived from the French term for “the woman from
Occitania,” a historical region of southern France where the
Occitan language was traditionally spoken. The name reflects the brand’s Provençal heritage.
Ownership changes and expansion In the 1990s, Baussan sold a majority stake in the business to
venture capital investors to finance expansion, which reduced his role in management. In 1994, Austrian businessman
Reinold Geiger acquired a 33% stake in the company and became majority shareholder in 1996. French cosmetics group
Clarins became a financial investor in 2001 through a subscription of convertible debentures, eventually holding 23.3% of shares. In 2007, management executed a
leveraged buyout, raising Geiger’s stake to 48.7% and reducing Clarins’ stake to 10%. The company exited bankruptcy in August 2021 with a restructuring plan that provided for full repayment of debts. During the
2022 Russian invasion of Ukraine, the company initially announced it would keep its Russian stores open to protect employees from retaliation. Days later, L’Occitane reversed its position and closed its Russian shops and website, although operations later resumed under a separate local entity.
50th anniversary In line with L'Occitane's 50th anniversary in 2026, the retailer had a rebrand with its almond collection newly renamed as "Amande Sublime".
Forbes magazine described the new packaging "more cohesive, sleek and sophisticated, but the heart of the brand remains the same." In April 2026, L'Occitane appointed South Korean actor
Park Bo-gum as its 50th anniversary brand ambassador for his "warm and authentic image" which "aligns with the brand's philosophy of respecting nature and people". ==Beauty products==