Folli Follie
| Folli-Follie
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | GRS294003009 |
| founding | 1982 |
| Seat |
Athens Greece
|
| management | Dimitris Koutsolioutsos |
| Number of employees | 5,282 (2007) |
| Branch | Fashion |
| Website | www.follifollie.com |
Folli-Follie is a label for jewelry , fashionable watches and accessories . The products are manufactured by external partners according to the company's own designs. The core target group are the 20 to 40 year olds. The company operates 250 of its own stores worldwide.
The company was founded in 1986 by Dimitris Koutsolioutsos in Athens . Watches have also been on the market since 1994; the brand's first overseas store opened in Japan in 1995, and there are now 80 stores. The company has been listed on the Athens Stock Exchange since 1997 . At times, men's watches were offered under the name Triton , now these are also offered as Folli Follie.
Since 2004, the brand's products are no longer offered exclusively in its own stores, but are also available in stores. In May 2018, the hedge fund Quintessential Capital Management questioned the official number of sales outlets and thus caused a sharp drop in prices. The share had to be suspended from trading and, following further irregularities, a lawsuit was filed against the management for market manipulation.
Web links
- Homepage Folli Follie
- http://www.uhrenschmuckshops.de/baseportal/uhrenschmucknewsdetail&key=777&thema=Folli_Follie&newsthema=no
Individual evidence
- ↑ Handelsblatt: Investors distrust the success reports from Athens , accessed on August 7, 2018