Number of employees slightly below prior year
As of March 31, 2011, the DOUGLAS Group employed a total of 23,745 staff (prior year: 24,076). This translates to a slight decrease of 1.4 percent over the prior year, which is largely due to the divestiture of the 32 Russian perfumery stores as of December 30, 2010. As of the end of the first six-month period, the number of employees outside of Germany totaled 8,855 employees (prior year: 9,501) plus 14,887 in Germany (prior year: 14,575), of which 1,714 represented trainees or apprentices. Personnel expenses increased from 356.7 million EUR to 371.8 million EUR. At 19.8 percent, the personnel expense ratio was almost at the prior year’s level.