Folli Follie

Retail Asia06/09/2018

Chinese international conglomerate and investment firm Fosun International is negotiating a US$500 million holding in German wholesaler Metro, according to a report. The unconfirmed news about an acquisition that would see Fosun taking a 9 per cent holding in Metro has already boosted the firm’s share prices and may generate interest from other players, setting off […]

Retail Asia27/12/2017

Greek jewelry- and timepiece-maker Folli Follie plans to open 50 new stores in China next year, showing a renewed faith in a market in which its presence has shrunk in recent years. Twenty of the locations will be directly operated by the company, five to seven of which will become its flagship stores in major […]

Retail Asia18/09/2017

ATHEX-listed Folli Follie Group is buying back its Australian distribution network from Luxury Retail Group (LRG), the second buy back deal that LRG has completed this year, following the sale of its Furla business to Furla Group. The deal will see the Greek-based Folli Follie Group acquire 100 per cent of the distribution network built […]

Retail Asia11/07/2016

Chinese fashion retailer Fosun International will reportedly acquire French apparel brand IRO. IRO’s founders, brothers Laurent and Arik Bitton, will retain a 40 per cent stake, while Fosun will acquire the 25 per cent shareholding of the Marciano family, founder of the Guess Group, along with the remaining shares, making it the major shareholder. The […]

Tag: Folli Follie

Fosun International eyes up food distributor and retailer Metro

Folli Follie To Open 50 New China Stores

Folli Follie Group buys back Australian business from Luxury Retail Group

Fosun International acquiring French brand IRO