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Annual Report 2009/10 Excellence in Retailing - Douglas Holding

Annual Report 2009/10 Excellence in Retailing - Douglas Holding

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THE WORLD OF BEAUTY<br />

First, the good news: dur<strong>in</strong>g the <strong>2009</strong>/<strong>10</strong> f<strong>in</strong>ancial<br />

year <strong>Douglas</strong> was able to <strong>in</strong>crease its sales by 1.4 percent<br />

to approximately EUR 1.9 billion, despite the undeniable<br />

effects of the economic crisis which most impacted<br />

operations outside Germany. Notwithstand<strong>in</strong>g the<br />

crisis, the <strong>Douglas</strong> perfumeries rema<strong>in</strong>ed true to their<br />

lifestyle strategy and cont<strong>in</strong>ued to w<strong>in</strong> over customers<br />

with outstand<strong>in</strong>g service, first-rate product ranges and<br />

a sophisticated store ambiance. Yet aga<strong>in</strong>, some 15,000<br />

dedicated employees played a key role <strong>in</strong> this success.<br />

With their friendly and enthusiastic attitudes, they turn<br />

Berl<strong>in</strong>’s “beauty spot”: the new <strong>Douglas</strong> perfumery on Tauentzienstrasse.<br />

Did you know ...<br />

that almost 60 million customers shop at<br />

<strong>Douglas</strong> perfumeries across Europe every year?<br />

Given 300 shopp<strong>in</strong>g days, that is equivalent<br />

to some 200,000 a day.<br />

Divisions<br />

<strong>Douglas</strong> · Perfumeries<br />

shopp<strong>in</strong>g at <strong>Douglas</strong> <strong>in</strong>to a truly unique experience for<br />

customers – day after day, at each store, <strong>in</strong> every s<strong>in</strong>gle<br />

country.<br />

<strong>Douglas</strong> <strong>in</strong>vested some EUR 56 million <strong>in</strong> open<strong>in</strong>g<br />

48 new perfumeries and moderniz<strong>in</strong>g exist<strong>in</strong>g locations<br />

dur<strong>in</strong>g the <strong>2009</strong>/<strong>10</strong> f<strong>in</strong>ancial year. Dur<strong>in</strong>g the same period<br />

a total of 63 stores were closed for lack of long-term<br />

profitability potential. The year therefore saw a net decl<strong>in</strong>e<br />

<strong>in</strong> the number of <strong>Douglas</strong> perfumeries to 1,205;<br />

sales at <strong>Douglas</strong> nonetheless rose.<br />

73

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