Douglas lowers forecast for 2025 as beauty markets slowdown in Europe
Europe's largest prestige beauty retailer has lowered its forecast for the current financial year in light of a slowdown in the premium beauty market – most notably in Germany and France. Douglas AG said “the already weak customer sentiment in the market has continued to deteriorate since February, leading to a decline in footfall in stores and traffic online.” In a conference call with investors, Douglas CEO Sander van der Laan said he was surprised by the speed at which the market had... - Industry buzz / Europe
Europe's largest prestige beauty retailer has lowered its forecast for the current financial year in light of a slowdown in the premium beauty market – most notably in Germany and France.
Douglas AG said “the already weak customer sentiment in the market has continued to deteriorate since February, leading to a decline in footfall in stores and traffic online.”
In a conference call with investors, Douglas CEO Sander van der Laan said he was surprised by the speed at which the market had...
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Industry buzz
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Europe
