Douglas

Jean‑Marc Bellaiche will take over leadership of Douglas on 1 November 2026. The company, Europe’s market leader in cosmetics retail, is under pressure from falling sales and two downward revisions to its guidance. While the overall market is growing, Douglas is losing market share to price- and digitally oriented competitors such as Notino and Flaconi, as well as to Amazon and TikTok Shop, which are gaining strongly in the beauty segment. High store costs, consultation theft and changed consumer behaviour are weighing on profitability; the stock has lost around 71 percent of its value since the IPO comeback in 2024. » Altro su wiwo.de

Jean-Marc Bellaiche (56) will become Douglas’s chairman of the executive board for four years from 1 November; Sander van der Laan is stepping back from operational management. The company has already cut its full-year outlook twice this year, and operating profit fell into the red due to weak consumer demand and write-downs. The share price is trading at a record low, and analysts view the leadership change after the CFO switch in 2025 as a logical step to advance strategy execution and restore investor confidence. » Altro su wiwo.de

Douglas appoints Jean-Marc Bellaiche (56) as CEO for four years, effective 1 November. The previous CEO, Sander van der Laan, is withdrawing from active management. The company had recently repeatedly cut its annual outlook and suffered from weak consumer demand; the stock rose moderately after the announcement. » Altro su finanzen.net