Douglas news and archive

Douglas Group posts Q3 sales growth, raises full year forecast

The Douglas Group grew sales by 7.3 percent to 977.1 million euros, confirming preliminary numbers published July 17, 2024. Raising its outlook for the year ahead, the company said it now expects net sales to grow around 8.5 percent and that the group is on track to deliver its mid-term earnings guidance of an expected adjusted EBITDA margin of...

Business

Douglas Group announces strong preliminary results for Q3, raises forecast

European omni-channel beauty firm Douglas Group has raised its sales growth forecast for the current financial year from previously around 7 percent to around 8.5 percent following sustained positive business development and strong preliminary net sales numbers for the third quarter and first nine months. Commenting on the updated forecast,...

Business

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 sets share price ahead of IPO listing

European cosmetics retailer Douglas has set a price range for its shares ahead of an impending initial public offering (IPO) which it is expecting to begin trading from March 21 on the Frankfurt Stock Exchange. The price ranges between 26 to 30 euros per share on around 32.7 million newly issued shares, bringing the IPO to a total offer size of...

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...

Business

Douglas posts Q1 sales growth of 8.3 percent

European omni-channel beauty platform Douglas increased group sales by 8.3 percent to around 1.56 billion euros in the first quarter. The company said in a preliminary results statement that the positive start to the financial year was due to the good results of both channels. Store sales recorded an increase of 7.1 percent with lie-for-like...

Business

Douglas reportedly mulling European listing

Douglas is said to be eyeing a potential IPO listing in the first quarter of 2024 in what would be a major test of the European stock market at the beginning of the year. The German cosmetics retailer is understood to be preparing the release of its earnings over the Christmas period within the coming weeks, in which it is expected to outline...

Business

Douglas swings to profit, annual sales increase 12.1 percent

European beauty retailer Douglas closed the 2022/23 financial year with adjusted sales of 4.1 billion euros, up 12.1 percent compared to the previous financial year. The group’s store sales increased 13 percent and ecommerce sales rose 10.3 percent. Douglas also achieved a group adjusted EBITDA of 725.9 million euros, up 22.3 percent,...

Fashion

Coty to launch Kylie Skin in Europe

Coty Inc. has confirmed that it is launching Kylie Skin in Europe at specialist beauty retailer Douglas Group. The Germany-based company will debut Kylie Skin in 2,000 stores in 25 countries across Europe, explained Coty in a statement. The launch coincides with Kylie Skin’s first anniversary, the beauty range launched in the US in May 2019 and...