BERLIN — Douglas AG reported net sales of 3.3 billion euros, or $4.48 billion for its fiscal year 2013/2014, a rise of around 2 percent, the company said.
The Hagen, Germany-based firm, which holds retail chains including Douglas Perfumeries as well as book and fashion stores, released the figures on Thursday.
The sales number, which encompasses October 2013 to September 2014, does not include the Hussel confectionary business, which Douglas Group sold in March, or the section of its Thalia book business operating in Switzerland, which is a joint venture. The Group’s Christ jewelry chain, which was sold to investment firm 3i at the end of last month, is included.
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Nocibé, the French perfumery chain Douglas Group purchased in February 2014, was also not included in the sales figure. Douglas said Nocibé contributed an additional 500 million euros, or $678.9 million, to the period’s sales.
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Douglas Group’s reported net sales for its 2012/2013 fiscal year were 3.5 billion euros, or $4.59 billion. All figures are calculated at average exchange for the period they refer to.
“In light of the many changes inside of the Douglas Group, and the difficult market environment, we are very satisfied with our development,” said Douglas president and chief executive officer Henning Kreke.
“The takeover and integration of Nocibé is today a complete success, which offers a great deal of potential for the perfumeries business. In addition to the focus on our perfumeries, we are making good progress with the strategic advancement of our group,” he added.
Douglas Perfumeries entered Norway this month, bringing the number of markets it sells in to 19, including Germany. The company said it continues to focus on broadening omnichannel services in its perfumeries across Europe, including click and collect, and smartphone offers for loyalty card holders.
Together, Douglas and Nocibé have close to 500 perfumeries in France. Globally, Douglas Perfumeries locations add up to more than 1,150.
Since being taking private with investor Advent and the founding Kreke family in 2013 and its consequent delisting from the German stock exchange, Douglas no longer releases regularly scheduled financial details.