DDeebbeennhhaammss TTs­su­un­naam­mii aai­idd iinn EEr­rm­meess,, ffoorr SSr­rii LLaannkkaa

Financial Mirror (Cyprus) - - FRONT PAGE -

Deben­hams has taken a 10% stake in Er­mes Depart­ment Stores and plans to ex­pand the net­work with two more stores in 2015, while the tsunami that struck south east Asia has mo­bi­lized Cyprus aid and doc­tors, as well as Asian work­ers in Cyprus, ac­cord­ing to the Fi­nan­cial Mir­ror is­sue 601, on De­cem­ber 29, 2004.

Deben­hams re­tail Plc., Bri­tain’s “favourite depart­ment store”, has taken a 10% stake in Er­mes at a cost of CYP 3.7 mln and plans to open two new stores by Septem­ber 2005 – Apol­lon in Li­mas­sol and Kinyras in Paphos.

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