ANN ARBOR, MI — A skincare and beauty retailer closed its store in Ann Arbor’s Briarwood Mall.
L’Occitane, known for its fragrances, skin and hair products, is yet another store leaving the mall. Godiva and H&M also announced they will close, and Williams-Sonoma officially closed its store at the end of January.
“I confirm that the L’Occitane boutique at Briarwood Mall has indeed closed,” spokesperson Ashley Arbuckle Nadon said in an email.
L’Occitane on Tuesday, Jan. 26 filed a voluntary petition for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in New Jersey. The company’s online sales are growing but its business has been affected by “high store rent obligations that are no longer tenable,” according to a company statement.
Filing for bankruptcy was the “necessary path to right-size its brick-and-mortar presence” after attempting to negotiate lease terms with landlords, the company continued.
“Over the past year, we have moved aggressively to address COVID-related challenges head on, developing innovative new ways to connect with our community and continue to deliver the extraordinary L’Occitane beauty experience that our customers know and love, all while accelerating the essential transformation of our store footprint already underway,” said Yann Tanini, managing director of L’Occitane North America, in a statement.
“We look forward to working collaboratively with our landlords to achieve partnerships that make economic sense in this current retail environment and best position our marquee brand’s boutique offering for years to come.” Tanini added.