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...

Member

Report

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...

Member

Report

Douglas plans to float IPO worth 1.1 billion euros

The Douglas Group, together with its shareholder Kirk Beauty International, is preparing for an initial public offering (IPO) on the Frankfurt Stock Exchange. Kirk Beauty is a holding company majority-owned by funds advised by global private equity firm CVC Capital Partners as well as the Kreke family. The company said in a statement that the...

Member

Report

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...