Advent International

Global Highlights 2013/14

Retail, Consumer & Leisure

DOUGLAS Holding is a leading European retail conglomerate consisting of five independent divisions headquartered in Germany: Douglas perfumeries, Thalia bookstores, Christ jewellery stores, Appelrath Cüpper fashion stores and Hussel confectioneries. The group has more than 20,000 employees and operates over 1,900 stores across 18 countries.

In December 2012, Advent's regional sector teams partnered with DOUGLAS' founders the Kreke family to complete a complex public-to-private transaction to acquire DOUGLAS Holding. Bringing together our global resources with the Kreke family's historical retail expertise, we have developed the strength and vision to reposition the business for sustainable future growth.

Now, under new ownership structure, our main objective is to support management to accelerate the growth of the perfume and jewellery divisions. Key areas of focus are an increased presence in the domestic and international markets, as well as the rapid integration of innovative cross-channel sales concepts. In the book division, our strategy for a comprehensive repositioning includes a digital push. Across the business, implementing industry-leading best practices and cost-efficiencies is central to our value creation plans.

See our Retail, Consumer and Leisure investments