Ermes Department Stores PLC
CCSECY:ERME0.02
EUR
0.00
(0.00%)
ISIN
CY0100220611
Return %
Stock
S&P 500
1Y
-18.42
14.39
3Y
-48.33
81.42
5Y
-50.79
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Retail trade
- Industry
- Department stores
- Address
- Nicosia Cyprus
- IPO Date
- May 18, 2007
- Similar Companies
- Business
- Ermes Department Stores PLC is a Cyprus-based retail and commercial trading enterprise engaged in the operation of department stores, fashion boutiques, beauty retail outlets, and home improvement centers. Founded in 2002 and headquartered in Nicosia, Cyprus, the company operates as a flagship retail subsidiary of Cyprus Trading Corporation PLC within the CTC-Shacolas Group. Ermes Department Stores PLC organizes its commercial activities into several core retail segments, including department stores, fashion apparel and accessories, cosmetics and fragrances, DIY and home enhancement, and food and beverage hospitality. The company's primary products and services comprise multi-category department store retailing under its proprietary Era Department Stores banner, offering designer apparel, footwear, luxury accessories, luggage, and homeware; branded fashion and lifestyle retail through international franchise partnerships including Next, OVS, Peacocks, Navy & Green, and Ted Baker; cosmetics, fragrances, and personal care retailing through specialized Glow beauty concept counters and standalone stores featuring premium international skincare, color cosmetics, and perfume brands; home improvement, hardware, DIY supplies, garden equipment, housewares, lighting, and seasonal decor distributed through its Superhome Center retail chain; and in-store food service, cafes, and restaurant operations located within its department stores and shopping centers. The company primarily targets consumer retail markets across Cyprus and Greece through brick-and-mortar stores, shopping mall anchor locations, and digital sales channels. In recent strategic developments, Ermes Department Stores PLC completed the nationwide rebranding and store revamp of its legacy Debenhams department store network into the proprietary Era Department Stores brand, encompassing major architectural and experiential upgrades across flagship sites including Era Apollon in Limassol, Era Korivos in Paphos, Era Zenon in Larnaca, and Era Mall of Cyprus. The company has accelerated its digital transformation through the rollout of upgraded e-commerce platforms for Superhome Center and Era Department Stores, expanded its loyalty programs, and optimized its store footprint and franchise portfolio under parent Cyprus Trading Corporation PLC's operational rationalization program, which emphasizes high-yield retail categories, modern supply chain logistics, and new partnerships with European fashion and home improvement suppliers.