Flo (retailer)
FLO both a footwear corporation based in the Bağcılar district of Istanbul, Türkiye, founded in 1960.[1] It employs about 15,000 people as of 2024. Its division FLO Mağazacılık (Turkish: Flo Retailing) operates more than 850 stores in 30 countries, of which about 500 in Türkiye[1] as well as Russia, Ukraine, the Caucasus, the Middle East, Morocco, Albania, Kosovo, and Kenya. It also operates e-commerce channels serving multiple national markets as well as a awholesale network and merchandising. https://kurumsal.flo.com.tr/hakkimizda[2]
Retail stores are operated as FLO, but also Nine West and InStreet.[3]
History[edit]
FLO was founded in 1960.[1]
IN 2012, FLO bought the Italian brand Lumberjack.[4]
In 2020, FLO opened its first store in Ukraine in Lviv in the Forum Lviv mall, and the same year another in Kyiv in the Prospekt mall (ТРК Проспект).[5]in partnership with the Ukrainian company Arricano Real Estate plc.[6]
In 2022 FLO opened its first store in Turkmenistan, at Berkarar mall, the country's largest, in the capital Ashgabat.[7]
The same year, FLO bought the Russian operations of Reebok, as Western companies left Russia after sanctions.[1]
And also in 2022 FLO entered a joint venture with Moroccan company Shoeleven to open a new shoe factory in Casablanca, Morocco.[8]
As of 2024, Burak Övünç is Chief Executive Officer at FLO Mağazacılık.[9]
Geographical presence[edit]
FLO stores are located in these countries as well as others:[10]
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Europe/Asia
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Europe
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Middle East
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Central Asia
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Africa
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External links[edit]
References[edit]
- ^ a b c d "FLO buys Reebook's Russia operations - Latest News". Hürriyet Daily News. 18 May 2022. Retrieved 13 May 2024.
- ^ "Hakkimizda" [About Us]. FLO. Retrieved 13 May 2024.
- ^ "360° Virtual Store Tour". FLO Corporate site. Retrieved 13 May 2024.
- ^ "Turkish firm buying out Lumberjack - Latest News". Hürriyet Daily News. 17 March 2012. Retrieved 13 May 2024.
- ^ "First FLO store in Ukraine opened in Forum Lviv SC". rau.ua. 25 November 2020. Retrieved 13 May 2024.
- ^ "Перший в Києві: магазин взуттєвої мережі FLO відкрився в ТРК Проспект" [The first in Kyiv: Shoe store chain FLO opens unit in Prospekt shopping center]. rau.ua (in Ukrainian). 27 November 2020. Retrieved 13 May 2024.
- ^ "Turkish Shoe Retailer FLO Opens Its First Store in Turkmenistan | Photo Report". Business Turkmenistan Information Center. 12 December 2022. Retrieved 13 May 2024.
- ^ Anouar, Souad. "Shoeleven, FLO Group Inaugurate New Shoe Factory in Casablanca". Morocco World News. Retrieved 13 May 2024.
- ^ "Burak Ovunc". Crunchbase. Retrieved 13 May 2024.
- ^ "International Activities". FLO Corporate site. Retrieved 13 May 2024.
- ^ "Наши магазины". FLO Kazakhstan (in Turkish). Retrieved 13 May 2024.