Reuters - Retailer Douglas Pumps Up Funds in Beauty Expansion
German retailer Douglas said it was making up to 500 million euros ($655 million) available to its perfumeries business as part of plans to grow internationally, writes Reuters. Douglas, taken private by the Kreke family that run the group and private equity firm Advent International, said the group would invest in acquisitions both at home and abroad, open new stores and modernise existing ones, writes Reuters.
25 June 2013•1 min read
