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

, Reuters -  11:23 AM ET 3/24/2025 default

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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. (Reporting by Isabel Demetz and Linda Pasquini in Gdansk; Editing by Jan Harvey)

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