FLO both a footwear corporation based in the Bağcılar district of Istanbul, Turkey, 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 Turkey[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.[2]
Retail stores are operated as FLO, but also Nine West and InStreet.[3]
History
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]
Geographical presence
FLO stores are located in these countries as well as others:[9]