What Tommy Hilfiger and Calvin Klein sell in Greece

The Sarantis family is known from “Gr. Sarantis”, but it also has a second presence in the fashion sector through SARKK. How the two brands performed in 2025, the new plans.

What Tommy Hilfiger and Calvin Klein sell in Greece

This article is an AI translation of an original piece published in Greek. Read original

The Sarantis family is widely known from its activity through Gr. Sarantis. However, it also has a second, equally significant presence, in the fashion sector through SARKK, which manages the Tommy Hilfiger and Calvin Klein brands in Greece and in a number of markets in Southeastern Europe. The franchise and exclusive distribution agreements with the two international houses have already been renewed until 2027.

Despite the difficult environment that prevailed in 2025 in the clothing market, with consumption remaining subdued, the company managed to maintain high levels of profitability and a strong financial position. SARKK’s turnover amounted to 91.2 million euros, recording a marginal decrease of 3.15%, while at group level sales reached 127.9 million euros, down by 2.2%.

The company’s pre-tax profits amounted to 11.95 million euros, compared to 13.98 million euros in 2024, showing a decrease of 14.5%. At group level, pre-tax profits amounted to 16.7 million euros, reduced by approximately 15%.

Despite the slight decline in the financial figures, the balance sheet picture improved. The company’s total borrowing decreased to 4.23 million euros from 7.17 million euros a year earlier, while at group level it was reduced to 3.03 million euros from 9.27 million euros. At the same time, cash reserves increased, reaching 8.44 million euros for the company and 17.5 million euros for the group.

SARKK continued in 2025 to invest in the development of its network, opening a new Calvin Klein store at the River West shopping center, carrying out store renovations in Greece, Romania and Bulgaria, and upgrading its online stores.

For 2026, management is emphasizing the further strengthening of its presence in retail and e-commerce, through new points of sale, renovations and expansion of the e-shops. At the same time, it continues the restructuring of borrowing through new financing agreements with Alpha Bank and Eurobank, with the aim of maintaining the group’s strong capital structure and financial flexibility.

The company is active in both wholesale and retail. Its customers include large chains and department stores, such as Attica Department Stores, Athenee Hondos, Cosmos Sport, Kanellopoulos SA, as well as other partners that operate physical or online stores.

At the same time, it serves consumers directly through its store network and the official online stores of the two brands. As the exclusive distributor of Tommy Hilfiger and Calvin Klein, SARKK geographically covers Greece, Cyprus, Bulgaria, Romania, Albania and North Macedonia, while for the Tommy Hilfiger brand it is also active in Moldova.

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