The DOUGLAS Group has raised its sales growth forecast to 8.5% while strategically selling its online pharmacy Disapo to MYA Health B.V. to concentrate on its premium beauty segment.
Target Information
The DOUGLAS Group is recognized as Europe’s leading omnichannel destination for premium beauty products. It operates under several commercial brands, including DOUGLAS, NOCIBÉ, Parfumdreams, and Niche Beauty. With a robust online presence and approximately 1,860 physical stores, the DOUGLAS Group delivers a wide array of beauty-related items, encompassing fragrances, cosmetics, skin care, hair care, and accessories. In the financial year 2022/23, the company reported net sales of 4.1 billion euros and employed around 18,000 individuals across Europe.
In a strategic move to enhance its core operations, the DOUGLAS Group has recently signed an agreement with MYA Health B.V. to sell its online pharmacy, Disapo, aiming to focus exclusively on the resilient growth of its premium beauty sector. The transaction is expected to close by the end of July 2024.
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Industry Overview in Germany
Germany's beauty industry is robust and continues to show significant growth potential, driven by consumer demand for premium and sustainable products. With a population that increasingly values health and welln
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Disclosed details
Revenue: $3,500M