Douglas: a robust end to the 12 months has supplied the momentum we want for 2025

THE WHAT? Douglas is waiting for sustained omnichannel success for the 24/25 monetary 12 months after a robust end to FY23/24. The German perfumery chain is anticipating gross sales to extend to €4.7 billion to €4.8 billion this 12 months.

THE DETAILS Progress is anticipated to be pushed by each e-commerce and retailer gross sales, with the previous rising within the excessive single digit vary and the latter within the mid-single digit vary.
From July to September 2024, the group noticed gross sales enhance by 8.7 %, with retailer gross sales rising 7.8 % like-for-like and e-commerce boosted to the tune of 12.8 %.

THE WHY? Sander van der Laan, CEO of Douglas Group, explains, “I’m very joyful that we not solely delivered one more 12 months of fantastic outcomes, but additionally managed to exceed our upgraded steerage. On the identical time, we achieved good progress in implementing our development technique and sustainability initiatives. Along with our considerably improved monetary profile, this offers us with a robust tailwind and sturdy basis to additional reinforce our main market place – now and within the years to come back. In consequence, we now have entered the brand new monetary 12 months from a place of power. Congratulations to your entire staff and our 4 retail manufacturers – you may have really excelled in 2023/24.”