Home / Knowledge / News / Fashion / Douglas acquires French perfumery company Lavigne

Douglas acquires French perfumery company Lavigne

18
Jun '05
Europe's leading perfumery company and a fully-owned subsidiary of DOUGLAS HOLDING AG, 'Douglas' has taken yet another step forward in its earnings-oriented expansion strategy: effective July 1, Parfümerie Douglas is acquiring the French perfumery company S.A. Lavigne.

With some 150 locations the Lavigne Group – whose stores have previously done business under the name ELYTIS – numbers among France's top perfumery companies. Thirty-five branches are operated under its own management and a further 115 as franchises.

Douglas and ELYTIS share very similar corporate philosophies founded on outstanding service, helpful and professional assistance, first-class product ranges, and an enjoyable and experience-oriented shopping ambiance. For both companies, these common values proved a key factor in the decision to merge.

The ELYTIS store network boasts a solid, uniform market image and complements the existing Douglas network in France – which currently comprises 55 venues – with virtually no duplication or overlapping. During its 2003/2004 financial year (10/01/03 – 09/30/04), Douglas reported net sales of approximately 77 million EUR in France.

With the consolidated net sales of approximately 52 million EUR from the newly acquired ELTYIS branches (01/01/04 – 12/31/04), Douglas has further extended its market position and secured a nationwide presence in the country that brought perfume to the world.

Further Information:

Forthe 2003/2004 fiscal year (ending September 30), Douglas posted total net sales of some 1.3 billion EUR at its approximately 800 perfumeries. As the largest subsidiary of the Hagen-based DOUGLAS HOLDING AG, the Douglas perfumeries are currently represented in 17 countries.


Must ReadView All

Pic: Shutterstock

Textiles | On 29th Feb 2020

Nepal's pashmina sector gets European Union boost

A new project funded by the European Union to strengthen Nepal's path ...

Pic: Shutterstock

Apparel/Garments | On 29th Feb 2020

Coronavirus outbreak hits Thai garment industry

The coronavirus outbreak has been affecting the Thai apparel industry ...

Pic: Shutterstock

Retail | On 29th Feb 2020

Indian govt clarifies on sourcing of goods from SEZs

Goods procured from units in special economic zones (SEZs) by...

Interviews View All

Anvita Mehra, Confidential Couture

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Roz Guarnori,

Roz Guarnori

FESPA Global Print Expo 2019, to be held in Munich from May 14-17, is...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search