18
Feb
Feb
THE WHAT? German magnificence heavyweight Douglas has reported first-quarter core revenue under analyst forecasts, prompting a 16% inventory drop. The retailer, identified for carrying status cosmetics manufacturers like Chanel and Dior, blamed intensified promotions amid cooling demand for the missed outcomes. THE DETAILS First-quarter adjusted EBITDA rose 1.5% to €353.5 million, lacking the market consensus […]