BERLIN — Sales at the Douglas Perfumeries chain rose 4.9 percent in the third quarter of 2002 to reach $268 million and 4.2 percent to $797 million for the nine-month period. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 10.5 percent in the quarter to $25.2 million and 2.9 percent to $74.5 million for the nine months. All dollar figures are calculated from the euro at current exchange rates.

In Germany, Douglas’s 425 branches generated sales of $514 million for the nine months, a rise of 8 percent. However, on a same-store basis, Douglas’s German sales were down 1 percent.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus