Germany: Drogerie Markt moves into online retail
Drogerie Markt (DM), Germany’s leading retailer of health & beauty products and housewares, is expanding for the first time into online retail, according to a report in Lebensmittel Praxis. Launched on the 14th July, the e-commerce platform allows consumers to choose from a range of 11,000 products that is similar to that available in DM’s […]
Austria: Maesa Group to acquire P2 Cosmetics
Maesa Group, a firm specialized in the design and manufacture of private label and exclusive beauty products, has announced that it is to acquire P2 Cosmetics, an Austria-based producer of makeup products with distribution exclusively through the German retail chain Drogerie Markt (DM). Founded in 2004 as a division of Palmers Textil, P2 Cosmetics offers […]
Germany: DM launches Zell Activ face and eye care series
German health & beauty retailer Drogerie Markt (DM) has launched a new line of face and eye care products said to help support skin regeneration and prevent aging. The new ‘Zell Activ’ series, launched under the Alverde Naturkosmetik brand, is said to include an active ‘PowerExtension’ formula made with 100% vegetable stem cells which is […]
Germany: Drogerie Markt announces record earnings
German health & beauty retailer Drogerie Markt (DM) has posted record annual earnings, with sales in its domestic market for the year ending 30th September 2014 climbing 9.6% to €6.4 billion ($8.1 billion). According to a Lebensmittel Praxis report, the company’s growth – like-for-like sales were also up 2.4% – means it is now the […]
Germany: Drogerie-Markt sets sights on expansion
Fresh from recording record annual turnover, German health & beauty and household retailer Drogerie-Markt (DM) has set its sights on an aggressive programme of expansion, according to Lebensmittel Praxis. At the end of its financial year, DM recorded revenue of €7.69 billion across the group, an increase of 11.9% over the previous financial year. In […]