In Brands, Finance, Retail

Douglas acquires two leading Italian beauty and perfumery chains, Limoni and La Gardenia Beauty, increasing their footprint by 500 points of distribution in Italy. Sales in Italian perfumeries grew 0.9 percent to 2.02 billion euros, or $2.24 billion at average exchange for the period, in 2016, according to data from industry association Cosmetica Italia.

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