Douglas Group news and archive

Douglas Group achieves sales and profit growth

European omni-channel beauty platform The Douglas Group, confirming preliminary numbers published last month, said that the overall sales rose by 11.5 percent to around 958 million euros. The company said in a statement that the store sales increased by 11.9 percent with like-for-like growth of 10.8 percent and ecommerce sales increased by 10.7...

Business

Douglas Group reduces net debt, Q2 sales up 11.5 percent

Omni-channel beauty retailer Douglas Group has secured a new refinancing of 1.3 billion euros. Following its listing on the Frankfurt Stock Exchange at the end of March, the company had used the proceeds and a capital injection to partially prepay an existing facilities agreement amounting to 675 million euros. With the fresh financing, the...

Business

Douglas Group posts Q1 sales growth of 8 percent

Based on unaudited numbers, Douglas Group’s net sales increased by 8 percent to around 1.56 billion euros in the first quarter. The company said in a release that actual group sales are slightly below the previously communicated range of 8.3 percent due to the discontinuation of the Spain restructuring adjustments and minor consolidation...