In 1999 Kloukinas-Lappas
S.A. acquired E.Papayannis Sons S.A., the franchisee of the Mothercare
brand in Greece since 1977. The achievements that resulted from this
acquisition are the following:
- Expansion of the domestic retail
network: From 7 shops in 1999 to 33 shops in Q1 2005
- Successful establishment of
Mothercare in Romania, with the first 3 stores in operation by end
of April 2005
- Significant progress in the
execution of our business plan for the penetration of Mothercare in
the Bulgarian market
- Significant improvement in the
company’s financials and management structure
On February 18th 2005 E.Papayannis
Sons S.A was officially merged into Kloukinas-Lappas S.A.

Today, the shop network
of the Mothercare is as follows:
ATHENS (12)
THESSALONIKI (5)
CRETE (2)
PATRA (2)
LARISSA (2)
RHODES
KAVALA
XANTHI
KILKIS
VERIA
KOZANI
KARDITSA
EDESSA
LAMIA
BUCHAREST

For further information
about Mothercare shops and products in Greece, please visit
www.mothercare.gr |