BERLIN — Sales of Douglas Perfumeries increased 3 percent in the first five months of fiscal 2004-2005, which ended Feb. 28, the Douglas Group announced at its annual shareholders meeting last week.
Aided by “good Christmas business,” the Douglas Group achieved group sales of 1.1 billion euros, or $1.4 billion at average exchange rates, a gain of 4 percent. On a same-space basis, group sales rose 1.2 percent.
Chairman Hennig Kreke said the Group plans sales growth of 4 to 6 percent for the coming year, based on its existing portfolio. Profits from ordinary business activities are expected to hit 114 million to 116 million euros, or $152 million to $155 million at current exchange rates, up from 110 million euros, or $132.7 million at average exchange, in fiscal 2003-2004.
The Group, comprising perfumery, book, jewelry, apparel and confiserie retail operations, has approximately 120 million euros, or $160 million at current exchange, at its disposal for investments this year. Kreke added, “We’d like to invest even more — as soon as suitable locations can be found. We’re also in the position at all times to further expand via acquisitions and will do so when the acquisition object fits our yield-oriented strategy.”
Douglas is rumored to be eyeing the French perfumery chain Nocibe.
The Douglas board is proposing a dividend of 1 euro, or $1.34 per share, compared with the 0.75 euro, or 83 cents at average exchange rates, paid in the shortened, nine-month business year of 2003, which ended Sept. 30, 2003. — Melissa Drier
Lauder Honored by Junior League of L.A.
LOS ANGELES — Evelyn Lauder was honored earlier this month here by the Junior League of Los Angeles, which presented her with a Lifetime Community Achievement Award for her work in promoting breast cancer research. Dressed in a multicolored Bill Blass chiffon gown that Lauder dubbed her “rainbow dress,” she accepted the award from actor Tony Shalhoub.
Lauder founded the Breast Cancer Research Foundation in 1993. “When I found out that twice as many women were dying at that time from breast cancer as AIDS, I was outraged,” she said.The foundation became the first not-for-profit organization dedicated to funding research on the causes of and treatment for breast cancer. Now the largest organization of its kind, the foundation contributes a minimum of 85 percent of all funds to breast cancer research grants and awareness programs to achieve prevention and find a cure. Lauder was also instrumental in spearheading the pink ribbon campaign to support the cause, resulting in over 50 million ribbons distributed to date. The Estée Lauder Cos. is the foundation’s largest corporate sponsor, and has raised $100 million for research in the past 12 years.
Also on hand to honor Lauder was her husband, Leonard, as well as Disney chief executive officer Michael Eisner and his wife, Jane. Bob Iger, who will succeed Eisner on Sept. 30, was also seated at the same table with wife and Los Angeles-based CNN anchor Willow Bay, who was once the face of Estée Lauder.
Despite the sobering subject matter, the atmosphere was lighthearted, with guests bidding on auction items like a Marc Jacobs bag, a poker party — complete with dealer — and luxury getaways. — Michelle Dalton Tyree
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews