×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
23
Sep 2026
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Fais Group: Exploring new activities and brands

Sales up 13% in the first half – Interest in tourism projects – New stores opening

Newsroom June 29 02:49

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The management of Fais Group is steadily seeking new brands to strengthen its portfolio, as well as new activities with a focus on tourism, although no concrete agreements have been finalized at this stage.

As stated by management during today’s General Shareholders’ Meeting, new projects are under review and discussions are ongoing.

Among them is the development of a coastal property of 170 stremmata in Agia Pelagia, Crete, intended for a tourism project.

Mr. Fais noted that the permitting and licensing process for the property could take around 1 to 1.5 years, but there is clear interest from the group in developing it into a hotel unit.

At the same time, the company is in talks regarding the acquisition of rights to new commercial brands, while also planning the further expansion of its existing brands in Greece and abroad through new physical stores as well as e-commerce.

Specifically, for Kiko Milano, following its expansion into the Czech Republic, a new store in Slovakia (Bratislava) is expected soon. In Bulgaria, a new store will open in Varna, while in Romania—where the brand currently has five stores—this number is set to increase to seven.

>Related articles

“Sedation, defibrillator, adrenaline”: What authorities are investigating in Mazonakis’ death

Kifissos: Investigators are trying to determine how much waste was “lost” along the way; tanker truck routes are under scrutiny

The bill on Foreign Direct Investment has been submitted to Parliament

Additionally, new Haralas stores are opening in Kolonaki and Thessaloniki, while the relocation of the Kalogirou store from Stadiou Street to Kolonaki is also underway.

Finally, the management stated it is in discussions with Lamda Development to open new retail points at the Agios Kosmas Marina.

Overall, the company expressed optimism regarding its performance and results for 2026, noting that retail sales in the first half of the year are already up 13% compared to the same period in 2025.

Ask me anything

Explore related questions

#crete#economy#Fais Group#greece
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

“Sedation, defibrillator, adrenaline”: What authorities are investigating in Mazonakis’ death

September 23, 2026

Kifissos: Investigators are trying to determine how much waste was “lost” along the way; tanker truck routes are under scrutiny

September 23, 2026

The bill on Foreign Direct Investment has been submitted to Parliament

September 23, 2026

South Sudan MPs to get a car as a gift because they voted for the Electoral Law wanted by the President

September 23, 2026

Gerapetritis from UN: Immediate ceasefire in Middle East and restoration of freedom of navigation

September 23, 2026

The underground secrets of Hagia Sophia in Constantinople: Hundreds of meters of tunnels designed by Justinian himself (video-photos)

September 22, 2026

Iran’s Revolutionary Guards warn they will ‘step up’ retaliation if US attacks continue

September 22, 2026

ALCO Poll: 60% say ‘Achilles Shield’ deal is significant, one in two fears a military incident with Turkey

September 22, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα