Douglas

The perfumery chain Douglas has appointed Jean‑Marc Bellaiche (56) as CEO; he will take up the position on November 1 for four years. Sander van der Laan is stepping back from active management. Douglas is struggling with weakening demand, two downward revisions of its annual outlook, large write‑downs and a share price at a record low; analysts view the leadership change as a logical step to restore investor confidence. » Mere på wiwo.de

The supervisory board of Douglas has appointed Frenchman Jean-Marc Bellaiche as successor to Sander van der Laan, effective 1 November 2026, for a four-year term. Van der Laan is stepping back from day-to-day operations after 36 years in retail. The change comes in a challenging economic phase: Douglas recorded a €2.6 million loss in the third quarter, revenue fell by 2%, and the group had already cut its annual outlook several times. The company is also reviewing the structure of its store network; the stock fell 0.7% in after-hours trading. » Mere på manager-magazin.de

Douglas Dynamics reported adjusted earnings per share of $0.36 for Q1 2026, beating the consensus expectation of $0.14. Revenue was $137.8 million, slightly missing estimates, while gross margins and adjusted EBITDA margins improved significantly. The Work Truck Attachments segment benefited from heavier snowfall (net sales +67%) and was a major contributor to operational strength. The stock rose about 14.6% in premarket trading; management remains optimistic but points to supply chain risks and seasonal demand fluctuations. » Mere på de.investing.com

Douglas closed the second fiscal quarter deep in the red; the net loss is expected to be a high double-digit to low triple-digit million-euro amount. The reason is write-downs on its French operations, the online shop Parfumdreams and luxury subsidiary Niche Beauty, as well as further impairments. Preliminary revenue rose 1.1 percent to €947.7 million, while adjusted EBITDA fell 5.1 percent to €116.1 million. The company lowers its 2025/26 guidance at the lower end of the revenue range and expects an adjusted EBITDA margin of around 16.0%; strategy adjustments and cost discipline are intended to secure profitable growth. » Mere på de.investing.com

Douglas released preliminary figures for the second quarter and trimmed its annual forecast. The group now expects revenue only at the lower end of the previous range, the operating margin was slightly lowered and the net leverage ratio is expected at the upper end of the band. After-hours, Douglas shares fell around three percent on Tradegate. » Mere på de.investing.com