Annual Report 2009/10 Excellence in Retailing - Douglas Holding
Annual Report 2009/10 Excellence in Retailing - Douglas Holding
Annual Report 2009/10 Excellence in Retailing - Douglas Holding
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Dur<strong>in</strong>g the <strong>2009</strong>/<strong>10</strong> f<strong>in</strong>ancial year Hussel ma<strong>in</strong>ta<strong>in</strong>ed<br />
a firm focus on <strong>in</strong>vest<strong>in</strong>g <strong>in</strong> quality and <strong>in</strong>novation when<br />
it came to shop design, merchandis<strong>in</strong>g and service.<br />
Although the number of stores decl<strong>in</strong>ed from 274 to 261,<br />
the company posted sales of just under EUR <strong>10</strong>0 million <strong>in</strong><br />
Germany and Austria, all but match<strong>in</strong>g the previous year’s<br />
figure.<br />
In Germany Hussel opened n<strong>in</strong>e new confectioneries<br />
and updated a further 16 <strong>in</strong> l<strong>in</strong>e with its customers’ latest<br />
wishes. Dur<strong>in</strong>g the same period 22 venues were closed as<br />
ONLY THE FINEST<br />
Divisions<br />
Hussel · Confectionery<br />
part of the network optimization program, some of them<br />
due to expir<strong>in</strong>g leases. While sales <strong>in</strong> Germany fell by a<br />
marg<strong>in</strong>al 1.3 percent to EUR 95 million, Hussel ma<strong>in</strong>ta<strong>in</strong>ed<br />
its leadership of the pure confectionery segment, partly<br />
because <strong>in</strong>dustry sales decl<strong>in</strong>ed across the board due to<br />
weather conditions. In Austria turnover at the 14 (previous<br />
year: 16) confectionery shops was EUR 4.5 million, down<br />
7 percent on the year.<br />
The highlights of the <strong>2009</strong>/<strong>10</strong> f<strong>in</strong>ancial year <strong>in</strong>cluded<br />
the Hussel website relaunch and a new confectionery cum<br />
<strong>10</strong>5