As previously announced, Folli Follie Commercial Manufacturing and Technical Societe Anonyme (the ‘Company’) is being assisted by Deloitte in the production of liquidity forecasts and in the development of the Company’s latest business plan.

The Company has now appointed Deloitte as its principal financial adviser to assist with discussions with potential investors, and to advise on the terms of a financial restructuring which aims to secure the long term viability of  FF Group. Deloitte will be working in close cooperation with the Group’s Chief Restructuring Officer, Mr. Dimitrios Kouvatsos.