Douglas Holding Reports Sales Growth

DUESSELDORF, GERMANY - JANUARY 22: Henning Kreke, President and CEO of Douglas Holding AG looks on during the annual press conference at the Industry Club on January 22, 2013 in Duesseldorf, Germany. The DOUGLAS Group reports satisfactory performance in the 2011/12 fiscal year. The Group's consolidated sales revenue rose by 1.7 percent to EUR 3.44 billion. In Germany, sales revenue of the DOUGLAS Group rose by 2.7 percent to more than EUR 2.3 billion compared to the previous year. At EUR 1.1 billion, international sales lagged slightly compared to the previous year. (Photo by Ulrich Baumgarten via Getty Images)