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Fashion Jobs
TK MAXX
10933-Loss Prevention/Securityofficer
Permanent · Nottingham
TJX EUROPE
IT Engineering Manager
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TJX EUROPE
tk Maxx Leicester - Loss Prevention Officer (Security) - Full Time 37.5hrs
Permanent · Leicester
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, New Street
Permanent · Birmingham
GILLY HICKS STORES
Gilly Hicks - Brand Representative, Arndale
Permanent · Manchester
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Midsummer Place
Permanent · Milton Keynes
HOLLISTER CO. STORES
Hollister CO. - Full Time Stock Lead Associate, Trafford
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TAPESTRY
Coordinator, Store Operations & Communications
Permanent · London
COACH
Analyst, Wholesale Operations
Permanent · London
COTY
Senior National Account Manager
Permanent · London
FRASERS GROUP
Warehouse Training Instructor
Permanent · SHIREBROOK
FRASERS GROUP
Facilities Coordinator
Permanent · LONDON
REISS
Partner Marketing Executive
Permanent · LONDON
REISS
Digital Marketing Executive
Permanent · LONDON
HUGO BOSS UK LTD.
Finance Assistant - Accounts Payable
Permanent · LONDON
WAITROSE
Warehouse Partner
Permanent · AYLESFORD
WAITROSE
Warehouse Partner – Nights
Permanent · LONDON
HEAD OFFICE
Senior Commercial Manager – Point of Sale Credit
Permanent · LONDON
FRASERS GROUP
Marketing Executive - Premium
Permanent · LONDON
FRASERS GROUP
Office Manager
Permanent · LONDON
NAPAPIJIRI
Account Coordinator - German Speaking - Napapijri
Permanent · NOTTINGHAM
NEW LOOK
CRM Executive
Permanent · LONDON
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By
Reuters
Published
Oct 30, 2018
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Troubled Greek jewelry maker Folli appoints new chairman, deputy CEO

By
Reuters
Published
Oct 30, 2018

Greek jewelry maker Folli Follie appointed Nicolaos Kanellopoulos as its chairman on Monday to replace one of its founders who stepped down last month amid an investigation into the company’s finances.

Folli Follie


Hedge fund Quintessential Capital Management said in a report last May that the company had overstated the number of its outlets. It also questioned its accounting practices in Asia where the company had expanded rapidly.

The report sent Folli shares down sharply, led to a fine from the Greek securities commission and an investigation and the resignation of its founders, Dimitris Koutsolioutsos and Ekaterini Koutsolioutsou, last month after a preliminary audit revealed wide discrepancies in 2017 financial statements.

Kanellopoulos, who has served as a non-executive board member, will replace Koutsolioutsos, Folli said in a bourse filing. Koutsolioutsos, the biggest shareholder with a 35 percent stake in Folli, resigned as chairman last month.

His son George Koutsolioutsos, who has distanced himself from his father and vowed to steer talks on a restructuring plan, retains his post as chief executive, according to the filing.

Folli also said Narkissos Georgiadis would take over as deputy chief executive officer. Georgiadis, an economist, served as an executive with Daimler from 1998 to 2007, it added.

A Greek court ruled this month that the bank accounts of the Koutsolioutsos family and other incumbent and former board members and executives should be frozen pending an inquiry into its 2017 financial statements.

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