Folli Follie Group | |
S.A | |
Traded as | : |
Industry | Luxury goods manufacture and retail |
Founded | 1982 |
Headquarters | Athens, Greece |
Key people
|
George Koutsolioutsos (CEO) Dimitris Koutsolioutsos (Chairman) |
Products | Jewelry |
Services |
Duty-free shops sporting goods apparel retail and distribution |
Revenue | €998.1 million (2014) |
€202.4 million (2014) | |
Profit | €145.4 million (2014) |
Total assets | €1.969 billion (2014) |
Total equity | €1.360 billion (2014) |
Owner | Koutsolioutsos Family (34.81%) Fosun International (13.89%) |
Number of employees
|
5,900 (end 2014) |
Website | follifolliegroup.com |
Folli Follie is a Greek-based international company which designs, manufactures and distributes jewellery, watches and fashion accessories. Through its subsidiaries it also operates duty-free shops and sporting goods retail outlets.
The company was founded in 1986 in Greece by Dimitris Koutsolioutsos (Greek: Δημήτρης Κουτσολιούτσος). The first shop was in the commercial district of Athens. Folli Follie started by manufacturing jewellery and in 1994 launched their watch line. In 1995 the first overseas store opened, in Japan. It is now ranked amongst the top 10 brands in luxury goods in Japan with 80 points of sale. Folli Follie fully acquired its affiliate in Japan in 2008.
In 1997, Folli Follie was listed in the . Capital was used to fund growth and geographic expansion. Folli Follie is currently active in 25 countries, including the UK (London; Bond Street, New Bond Street) Cardiff & Glasgow; (St Enoch Centre), Switzerland (Geneva), Japan (Tokyo; Ginza area), France (Paris), the US (New York; Madison Avenue), China (more than 120 shops) and Russia (Moscow; Red Square); it has over 380 points of sale.
Folli Follie employs more than 5,900 people.
The company's design team consists of Italian, Swiss and Greek top designers who work together to present two collections per year: Autumn/Winter and Spring/Summer. The collection's highlight is the "Premium K" collection which includes limited edition jewellery and accessories pieces. Folli Follie 's philosophy is to offer a "full fashion concept" of branded, modern jewellery, watches and accessories at affordable prices. The company also offers a men's watch collection under the brand name Folli Follie (previously Triton).