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Douglas Holding

Douglas Holding
Company nameDouglas Holding AG
Company typeAktiengesellschaft (FWB - DOU)
Key peopleHenning Kreke (President and CEO), Jörn Kreke (Chairman of the board)
ServicesPerfume, book, jewelry, clothing and confectionery retail stores
Revenue-3.321 billion (2009/2010)
Operating income-141.7 million (2009/2010)
Net income-75.9 million (2009/2010)
Total assets-1.713 billion (September 2010)
Total equity-764.8 million (September 2010)
Employees24,655 (September 2010)

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Douglas Holding AG is a German perfume, book, jewelry and confection retailer based in Hagen, which owns more than 1,900 stores, more than 1,500 of which are in Germany, in Europe and the United States.

The roots of the company date back to 1821, when the perfume and soap factory J.S. Douglas Söhne was founded in Hamburg. In 1863, the first Christ subsidiary was founded. In 1910, the first Douglas perfumery was opened in Hamburg. The actual predecessor of the Douglas Holding AG, the Hussel Süßwarenfilialbetrieb GmbH, was founded in 1949 and transformed into a joint stock company in 1962. In 1969 it acquired the Parfümerie Douglas, which soon became the main pillar of the corporation, which became known as Hussel Holding AG in 1976. In 1989, the company changed its name to Douglas Holding AG.

The group operates retail stores under the brand names Douglas (perfume and cosmetics), Thalia (books), Christ (jewellery), AppelrathCüppe (women's clothing) and Hussel (confectionery).

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