Douglas Group Reports Net Loss of $142.7M for Year

WWD.com/beauty-industry-news/financial/douglas-group-reports-net-loss-of-1427m-for-year-6647083

financial

financial/news

BERLIN — Douglas Group reported a net loss of 109.9 million euros, or $142.7 million, for its fiscal year ended Sept. 30 following its annual balance sheet conference on Tuesday....

Douglas Group Reports Net Loss of $142.7M for Year

The loss is due to what the company referred to as necessary write-downs, including restructuring of the group’s weak book retailer, Thalia.

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