Douglas surprised by speed of sentiment deterioration in key markets, CEO says-March 2024-www.financetom.com

Douglas surprised by speed of sentiment deterioration in key markets, CEO says

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Douglas surprised by speed of sentiment deterioration in key markets, CEO says

Mar 24, 2025 8:42 AM

March 24 (Reuters) - German beauty retailer Douglas

said on Monday it had been surprised by the speed at

which the market had deterioriated in the last three months,

which caused it to cut its guidance for 2025 on Thursday.

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