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Investments on Crete

Investments on Crete in the middle of economic crisis as Sephora, H&M and a Russian restaurateur have decided to open their own stores in Heraklion.

By the end of August, Sephora Beauty Shop will be ready to open.

Owned by LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, Sephora is highly regarded as a beauty trailblazer, thanks to its unparalleled assortment of prestige products, unbiased service from experts, interactive shopping environment, and innovation.

Sephora operates approximately 1,900 stores in 29 countries worldwide, with an expanding base of over 360 stores across North America. Sephora opened its first U.S. store in New York in 1998, its first Canadian store in Toronto in 2004. Sephora’s North American headquarters is located in San Francisco, with corporate offices in New York and Montreal.

Also, the H&M store will open in 25th August Street in the near future.

At the same time, a top Russian restaurateur will open a restaurant belonging to a well-known European chain.