By  on November 19, 2013

BERLIN — Douglas AG released its first financial details following its delisting from the German stock exchange. The company was taken private with investor Advent and the founding Kreke family earlier this year.

The Hagen, Germany-based parent company of retail chains — including Douglas Perfumeries as well as apparel, jewelry, confectionary and book stores — reported a rise in net sales of 0.5 percent to 3.5 billion euros, or $4.59 billion at average exchange rates, for its fiscal year ended Sept. 30.

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