Folli Follie

Capital Market Commission inspectors carry out spot check at Folli Follie HQ

Inspectors of the Capital Market Commission on Thursday carried out a spot check at the headquarters of disgraced listed Greek jewelry retailer Folli Follie in northern Athens, sources have told Kathimerini.
The surprise inspection is seen as part of the Commission's efforts to restructure the company and assign responsibility for its troubles.

Koutsolioutsos seeking to install new administration at Folli Follie

The main shareholder of disgraced listed Greek jewelry retailer Folli Follie is seeking to install a new administration at the company's helm and will be petitioning shareholders for the removal of the board's president and three other members and their replacement by executives from the company's existing roster, Kathimerini understands.

Folli secures Links of London brand in deal with administrator

Folli Follie has acquired the brand of its UK-based unit Links of London after an agreement with its administrator, the Greek jewellery maker said on Wednesday.

Folli last November reached a preliminary rescue deal with some of its creditors, four months after an audit revealed a one billion euro hole in its 2017 reported revenue.

Senior executives of Greek jeweler Folli Follie prosecuted

A prosecutor has indicted 16 executives of Greek jeweler Folli Follie including its founder Dimitris Koutsolioutsos and his son George Koutsolioutsos.
The criminal prosecution includes allegations of running a criminal organization, forgery and stock manipulation involving members of the Koutsolioutsos family.

Senior members of Greek jeweler Folli Follie prosecuted

A prosecutor has indicted 16 executives of Greek jeweler Folli Follie including its founder Dimitris Koutsolioutsos and his son George Koutsolioutsos.
The criminal prosecution includes allegations of running a criminal organization, forgery and stock manipulation involving members of the Koutsolioutsos family.

Folli says working to ensure Links of London business continues

Greek jewellery maker Folli Follie said on Friday it wanted to ensure that operations at its wholly owned subsidiary Links of London are not disrupted after the UK-based peer entered administration this week.

Folli said that its board intends to work with the joint administrators of Links of London to ensure that "business continues as a going concern post administration."

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