Fashion and tourism boost sales at Hellenic Duty Free

Tina Milton

1-Sep-2005

GREECE. Hellenic Duty Free Shops posted a year-on-year increase in turnover of 12.6% to €97.9m ($118m) in the first half of 2005

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Pre-tax earnings rose by 10.4% to €23.5m ($28.3m). According to the retailer, the addition of fashion to its portfolio in June 2004 has been a key contributor to the growth

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(26-Jan-2006) - Reports indicate private investment company BC Partners plans to purchase a stake in Hellenic Duty Free Shops
(26-Aug-2005) - The addition of the fashion category and increased tourism levels have driven a rise in turnover in the first half at Hellenic Duty Free Shops
(18-Dec-2001) - GREECE. Hellenic Duty Free Shops subsidiary Hellenic Distribution is to open 10 stores onboard the ships of Greek ferry operator Minoan Flying Dolphins, sources close to the deal told DFNI.
(18-Jul-2006) - The Greek jewellery company now controls over half the stock in formerly state-owned Hellenic Duty Free Shops
(2-Apr-2003) - GREECE. Hellenic Duty Free Shops has announced that profits for 2002 rose by over one-third compared with 2001, on the back of a 16% increase in consolidated sales for the year.