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May 04, 2015 10:18 PM ET

Specialty Retail

Company Overview of Douglas Holding AG

Company Overview

Douglas Holding AG, together with its subsidiaries, operates specialty stores in Germany and internationally. Its stores offer perfumeries, including cosmetics and skincare products; books; jewelry, watches, and clocks; women’s fashion apparel; and confectionery products. The company operates approximately 1,190 perfumeries under the Douglas brand name; 296 bookstores under the Thalia brand name; 210 jewelry stores under the Christ brand name; 13 fashion stores under the AppelrathCüpper brand name; and 235 confectionary stores under the Hussel brand name. Douglas Holding AG also provides its products through online shops. The company was founded in 1949 and is headquartered in Hagen, Germany...

Kabeler Strasse 4

Hagen,  58099


Founded in 1949

23,623 Employees


49 2 331 6900


49 23 3169 0271

Key Executives for Douglas Holding AG

Chairman of the Executive Board, Chief Executive Officer and President
Age: 49
Chief Financial Officer and Member of The Executive Board
Head of Investor Relations and Head of Mergers & Acquisitions
Head of Taxes
Head of Group Auditing & Risk Management
Compensation as of Fiscal Year 2014.

Douglas Holding AG Key Developments

Douglas Attracts Takeover Interest And Might Also Look For IPO

Advent International Corporation has attracted strategic buyers and private equity groups like LVMH Moët Hennessy Louis Vuitton SA (ENXTPA:MC), CVS Pharmacy, Inc., CVC Capital Partners Limited, KKR & Co. L.P. (NYSE:KKR) for its Douglas Holding AG, as per two sources familiar with the matter. Advent and the Kreke family plan to decide within days whether to concentrate on IPO preparations or to launch an official sales process. The IPO is so far seen as the favored option," one of the sources said. JP Morgan and Goldman Sachs are organizing the divestment process and a deal may be done after the summer break, the sources said. The buyout groups and LVMH declined to comment, while CVS was not immediately available for comment.

Advent International Planning To Sell Douglas

Advent International Corporation planning to sell of 80% stake in Douglas Holding AG. Isabelle Parize, Head of Nocibe S.A. states that Advent may either choose either a listing, a sale to another PE firm or to another industry rival.

Advent International Reportedly Seeking to Sell Douglas Holding

Advent International Corporation is reportedly looking to exit its investment in Douglas Holding AG. Advent has asked JP Morgan and Goldman Sachs to help it set up either a sale or a listing for Douglas.

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