Folli-Follie expands with Frankfurt store

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Greek jewellery and accessories retailer Folli-Follie will open a Frankfurt airport store later this month, increasing the number of its airport corners and points of sale worldwide to 33

Elsewhere, the group, which established a Spanish subsidiary earlier this year, has opened four stores there already and plans a further eight this year.

Meanwhile the company has started negotiations with Hellenic Duty Free to cooperate in the creation of jewellery specially for the 2004 Summer Olympic Games in Athens. Folli-Follie with financing parter EFG Telesis Invstment Bank is also among the shortlisted bidders to acquire a controlling share in Hellenic.