CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Folli Follie S.A. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Folli Follie S.A.
Athens-Lamia Nat. Road, 23 Km
Agios Stefanos
Phone: +30 2106241000p:+30 2106241000 Athens, 145 65  Greece Fax: +30 2106241100f:+30 2106241100

Filed for Rehabilitation on 7/15/2019
On 7/15/2019, the FF Group (Folli Follie) announced a corporate and financial Restructuring Proposal to Creditors for Approval under the Greek Restructuring Law article 106 which enables a business to re-organize and refinance its business to prevent Insolvency, with the goal of re-emerging as a stronger entity.
On 6/18/2020, the Company applied to the Court for preventative and protective measures by virtue of article 106a par. 6 of Law 3588/2007.
On 8/6/2020, the Court of Athens issued a Provisional Order, forbidding any measure of enforcement by creditors against the Company and the filing or enforcing of any injunction against the Company under article 106A para. 6 of the Greek Bankruptcy Code.
On 12/31/2020, the Company (Folli Follie Commercial Manufacturing and Technical Société Anonyme) filed an application, pursuant to articles 99 et seq. of the Greek Bankruptcy Code, with the Multi-Member Court of First Instance for the ratification of the Rehabilitation Agreement.
This company is no longer actively traded on any major stock exchange.

Business Summary
Folli Follie S.A. is a Greece-based company that designs, manufactures and distributes jewelry, watches and fashion accessories under the Folli Follie brand. In addition to jewelry, Folli Follie has developed ranges of fashion watches and handbags, as well as other fashion accessories, such as pashminas and sunglasses, while it also represents foreign brands. The Company's sales network is divided into three main categories: retail standalone or boutiques, department stores (shop in shop) and stores in the travel retail sector. The travel retail sector includes stores in international airports, as well as on-board sales through airline companies like British Airways, KLM, Korean and Japan Airlines. Folli Follie S.A. has over 380 points of sale worldwide, and a presence in more than 25 countries in Europe, Americas, the Middle East and Asia.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201012/31/2009Yes----

Industries
SIC Code Description
3911 Jewelry, precious metal
5944 Jewelry stores

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board, Chief Executive Officer DimitriosKoutsolioutsos
Executive Vice Chairman of the Board, General Manager Georgios D.Koutsolioutsos 41 9/23/2008
Group Finance Director Ioannis G.Begietis
11 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Elmec Sport S.A. 96 Vouliagmenis Av. Athens Greece

Business Names
Business Name
Elmec Sport S.A.
FLLIY
FOLLI
Folli Follie S.A.

General Information
Number of Employees: 5,969 (As of 9/30/2010)
Outstanding Shares: 32,940,821 (As of 9/30/2010)
Shareholders: 11,267
Stock Exchange: ATH
Fax Number: +30 2106241100


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023