Sarantis sets up subsidiary in Portugal
Sarantis Group on Tuesday announced the set up of a subsidiary company in Portugal, Sarantis Portugal, to be based in Lisbon. The company said this move was part of a strategy to enhance distribution of cosmetics and to expand in the home product market through FINO products. Sarantis said its turnover in Portugal was projected to soar to 4.0 million euros annually, from 800,000 euros currently. The Group has established a presence in the Portuguese market since 2009.
 Winter sales start on January 13
The winter sales will begin on January 13 and end on February 28, 2014. Stores will remain open on Sunday, January 19.
The National Confereration of Hellenic Commerce (ESEE) clarified through a circular the guidelines and clarifications regarding the beginning of the winter sales and the opening of the stores on the first Sunday of the sales period.