KORRES
Investor Relations

Investor News

Recent Developments

2010

Completion of the transitional stage in relation to the agreement with Johnson & Johnson for the North and Latin America markets.

2009

Product licensing agreement with JOHNSON & JOHNSON consumer companies, Inc. for North & Latin America.
 
Acquisition of the rest 30% of Pharmacon North Greece. Korres thus owns 100% of  the company.

2008

Acquisition of  70% of of Pharmacon Northern Greece SA, the exclusive representative and distributor of the Company’s products to the market of Northern Greece (Macedonia, Thessaly, Epirus and Thrace), achieving direct access to a significant client basis of above 1,700 pharmacies and opportunities of further enhancement of its presence in these areas. 

Opening of 11 new Korres stores in Europe in 2008 (Paris in France, in La Chaux de Fonds, in Νeuchatel and in Geneva in Swiss, in Vienna and in Baden in Austria, in Leukosia in Cyprus, in Gijon in Spain, in Edinburgh in Scotland, in Dubai in UAE, in Greece in the new shopping center Golden Hall) and 1 more in US in Brooklyn, reaching 27 stores.

Acquisition of 50% of DISTRICT TWO, the local distributor of Korres in Germany, with the aim the enhancement of the company’s presence in the specific market.

Increase of Korres’ participation in Krocus Products Kozanis to 45% from 15,6%- exclusive representation and distribution of organic Crocus Kozani ,apart from Greece, abroad.

Acquisition of  5,13% of  MEDITERRA Α.Ε, the exclusive distributor of Chios Mastiha and the chew gum  ELMA PLUS  in Greece on behalf of Chios Mastiha Growers Association.


2007

Opening  of 9 new Korres Stores (1 in Shanghai, 2 in Beijing, 1 in Glasgow, 1 in Frankfurt, 1 in New York Soho, 1 in Madrid, 1 in Valencia, 1 in Istanbul) in 2007 abroad, reaching a total of 16 stores, including also 2 stores in Greece.

Launch of the new brand Kings & Queens, by establishing its 100% subsidiary Kings & Queens, targeting new groups and distribution channels.

Listing to the Stock Exchange in the Small-Mid Cap category.
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