July 26, 2017 3:33 AM 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. The company also provides its products through online shops. It was formerly known as Hussel Holding AG and changed its name to Douglas Holding AG in 1989. Douglas Holding AG was founded in 1949 and is headquartered in Hagen, Germany.

Kabeler Strasse 4

Hagen,  58099

Germany

Founded in 1949

23,623 Employees

Phone:

49 2 331 6900

Fax:

49 23 3169 0271

Key Executives for Douglas Holding AG

Chief Executive Officer and Member of Executive Board
Age: 60
Chief Financial Officer and Member of Executive Board
Chief Executive Officer - Poland, Australia, Czech Republic, Latvia & Lithuania
Chief Executive Officer - Netherlands, Germany and Switzerland
Head of Investor Relations and Head of Mergers & Acquisitions
Compensation as of Fiscal Year 2017.

Douglas Holding AG Key Developments

Douglas Announces Executive Changes

Douglas announced that Claudia Reinery, CEO for Germany and Switzerland, will resign from her office at the end of April 2017. After four years working for Douglas, Reinery has decided to leave the company for personal reasons and in best mutual agreement. Willem Duthler, who has been with Douglas for almost 20 years and currently serves as CEO for the Netherlands, the Czech Republic, Latvia and Lithuania, will additionally become CEO for Germany and Switzerland. In this context, he will hand over his other responsibilities, except for the Netherlands, to Agnieszka Mosurek-Zava, who already serves as CEO for Poland and Austria.

Douglas Holding Reportedly Presents Highest Bid For Iberica de Drogueria

Douglas Holding AG has presented the highest bid for the takeover of Ibérica de Droguería y Perfumería, S.A.U. among a number of rival suitors which include Spanish rival Druni SA and French major Sephora SA, daily El Confidencial reported. H.I.G. Capital, LLC, the owner of Iberica de Drogueria, hopes to sell the chain by the end of 2016 as it seeks fresh capital.

Douglas Holding Unsponsored ADR To Be Deleted From Other OTC

Douglas Holding A G Unsponsored ADR (Germany) will be deleted from Other OTC, effective March 15, 2016. The deletion was due to termination of ADR/GDR program.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 16, 2017
Ibérica de Droguería y Perfumería, S.A.U.
 

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