Perfumery chain Douglas seeks new owner

Perfumery chain Douglas seeks new owner

Investment company Advent intends to sell its Germany perfumery chain Douglas: interested buyers will be notified in the upcoming weeks.

Goal: 3 billion euro

Advent is covering several bases as it is not only looking for a possible sale. The group is also preparing an IPO, in case no one is interested in buying Douglas, to be completed in the fall.


According to Advent, Douglas will generate a 2.5 - 2.6 billion euro turnover in the current fiscal year (which is until the end of September), while its EBITDA should reach 300 million euro, compared to 270 million euro last year. These numbers back Advent's belief it should be able to get 3 billion euro in a possible transaction.


The investment firm only want to get rid of the perfumery chain Douglas, not of the company with the same name which also contains book chain Thalia and fashion chain Appelrath Cüpper.

Questions or comments? Please feel free to contact the editors

Sephora launches smaller store formula


Cosmetics manufacturer Sephora launched a smaller store formula in the United States. Up until now, it had focused on large stores, but has now turned its attention to smaller stores.

Brazilian takeover of The Body Shop confirmed


L’Oréal has officially confirmed the sale of its British subsidiary The Body Shop to Brazilian Natura Cosméticos. The deal was signed this week, is estimated to be worth 1 billion euro and should be finalized before the end of the year.

AS Watson wants to acquire Holland & Barrett


AS Watson, Kruidvat’s parent company, has entered negotiations to acquire Holland & Barrett. It is apparently willing to pay one billion pounds (1.15 billion euro).

Estée Lauder doubles Victoria Beckham product range


Things are going very smoothly for Estée Lauder and Victoria Beckham. Their first two “limited collections” sold out instantly and that is why the former Spice Girl will create a third collection.

Brazilian competitor on the verge of The Body Shop acquisition


French L’Oréal has entered exclusive negotiations with Brazilian Natura Cosméticos to sell store chain The Body Shop, in a deal that should be worth a billion euro.

Belgian online pharmacy Pharmasimple wants to conquer Europe


Pharmasimple, an online pharmacy founded in Brussels seven years ago, experienced a 66.2 % turnover growth to 11.3 million euro in 2016. However, it has lofty ambitions, targeting a 100 million euro turnover in the next five years.

Back to top