Folli Follie is currently active in 25 countries, including the UK (London; Bond Street, New Bond Street, Cardiff & Glasgow; St Enoch Centre), Switzerland (Geneva), Japan (Tokyo; Ginza area), France (Paris), the US (New York; Madison Avenue), Taiwan (22 shops), China (more than 120 shops) and Russia (Moscow; Red Square); it has over 380 points of sale.

[8][9] Finally on 16.8.2018 a credit event occurred with one of FFs bonds, giving strong indication that Quintessential's allegations are valid.

[11] Their son however remained as CEO claiming that his father has all the responsibility for the company's Asian branch misrepresentation of financial figures.

[12] Important shareholders like Fosun and Dufry demanded that Mr. Koutsolioutsos resigns his post[13] as also did the union of employees who have appealed for the Greek courts help in order to place the company under a protective status vs its creditors.

According to the Greek newspaper Kathimerini,[15] the auditing firm PwC has refused to certify the accounts for 2017, and attached a list reservations as the reason, among them the discovery of previously undisclosed loans in excess of 100 million euros to an affiliated asian company, without collateral or even interest payments.