BERLIN — Net profits at Douglas Group AG rose 4.4 percent in its fiscal first quarter to 95.7 million euros, or $124.1 million.
Earnings before taxes at the Hagen, Germany-based group, which includes confectionery, fashion, book and jewelry retailers as well as Douglas Perfumeries, increased 2.8 percent to 144.5 million euros, or $187.4 million, in the three months ended Dec. 31.
Dollar figures are converted at average exchange rates for the period in question.
Group sales gained 1.5 percent to 1.21 billion euros, or $1.57 billion. International stores showed the greatest growth, rising 4.1 percent to 395.1 million euros, or $512.4 million. First-quarter revenues in Germany increased 0.3 percent to 816 million euros, or $1.06 billion.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)