Douglas sales plummet 40.2% as Covid-19 creates ‘serious challenges’

By Lucy Tandon Copp 28-May-2020

The German beauty retailer has revealed the extent of the impact of store closures as a result of the Covid-19 pandemic

German beauty retailer Douglas has reported a sales decline of 40.2% in March, as enforced store closures took a financial toll.

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While sales initially increased by 5.9% in January and February, the official lockdown orders that followed caused ...

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