Bogart: falls after retail sales update
The perfume and cosmetics manufacturer 'confirms the prospect of an increase in its 2022 annual sales without, however, reaching its EBITDA target and without this calling into question the group's fundamentals'.
In response to this difficult situation, its subsidiary April France is considering a reorganization project involving the potential closure of 17 stores in France (out of 67 outlets), which could lead to the loss of 50 positions within the framework of a PSE.
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