The grand opening of the new SPRIDER store in Agrinio (Western Greece) as well as the completion of the new shop of the company in Lamia (Central Greece) mark the completion of the investment program of the company for the fiscal year 2005. One of the main objectives of the company is to transform its existing sales network into a franchise. Total investment costs for the fiscal year 2005 reach EUR 9 million, of which EUR 4 million concern renovations of existing point of sales, while the remaining EUR 5 million concern the opening of new stores. Eight new stores have started operations within 2005 in Chania, Mytilini, Sparti, Rodo, Seres, Corfu, Agrinio and Lamia bringing the total number of SPRIDER shops in Greece to 36.

The expansion and renovation of SPRIDER STORES is the core vision of the management. The development of a pan-hellenic network of "family" clothing stores is expected to give a comparative advantage to the company both on a medium-term and long-term basis.