By  on August 14, 2008

BERLIN — Douglas Perfumeries saw third-quarter earnings before interest, taxes, depreciation and amortization drop 4.4 percent to 34.4 million euros, or $53.8 million at average exchange, on revenues that rose 7.4 percent to 411.1 million euros, or $642.7 million.

With a total of 1,120 doors — 442 in Germany, and 678 around the globe — Douglas continues to expand its perfumery base. As part of its push eastward, the company launched new locations in Bulgaria and Croatia by acquiring a majority stake in the company Parfumerie Douglas Bulgaria OOD, of Sofia, Bulgaria, in April, and a 51 percent stake in the Croatian perfumery company IRIS d.d., in Zagreb, Croatia, in July.

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