BERLIN — Douglas Group net sales rose 1.7 percent to 3.44 billion euros, or $4.47 billion, in its fiscal year ended Sept. 30, according to preliminary results.
The Hagen, Germany-based company, whose activities include Douglas Perfumeries and retailers of confectionery, fashion, jewelry and books, also confirmed it would meet the low end of its previously forecast target for earnings before interest, taxes, depreciation and amortization, amounting to 200 million euros to 250 million euros, or $259.7 million to $324.7 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)