FLO MAGAZACILIK VE PAZARLAMA ANONIM SIRKETI

FLO Retailing, founded in 1960 by Ahmet Ziylan in a small workshop, is the unquestionable leader of Turkey&#39s footwear market today. Offering employment to more than 10.000 individuals directly and almost 40,000 individuals indirectly, FLO Retailing produces more than 55 million pairs of shoes per year.Reaching almost every corner of Turkey with its stores, FLO is offering its services around 500 stores in Turkey and over 80 stores in 14 countries abroad. IN Street sales points with the multi-brand sneaker concept within FLO Retailing also strengthen the sales network of FLO every year and increase its expansion. As a conclusion, FLO Retailing which is opening new stores constantly, has approximately 600 stores in Turkey and in neighboring countries abroad as of the end of 2018. In addition to retail brands, there are the leading shoe brands within their fields, such as FLO, Kinetix, Polaris, Lumberjack, Butigo, Dockers by Gerli, Mercedes, which are being sold by retail and by wholesale.Investment In The IndustryFLO Retailing, which is in the leading position in its industry, act with the vision to lead the shoe industry and to carry the industry to top spots in the world production league. Having opened the Sanliurfa Shoe Factory in 2012 in line with this vision, FLO Retailing is establishing its second factory with a total investment of 20 million TL. This factory will produce 3 million pairs of shoes per year with a total production area of 22.000 m2 and employ a total of 1500 people.With the second factory investment, FLO leads the establishment of a Shoesellers&#39 Industrial Zone by implementing a sectoral aggregation model in the Sanliurfa Organized Industrial Zone. Positioned as a production and exportation base for the footwear industry, the OIZ will play a strategic role in the structural transformation of the shoe industry. Here, a total of 8,500 people will have the opportunity to be employed with 26 factories to be established in the project area of 130 thousand m2.FLO Retailing, which stands out with its investments in humanity and its sustainability, founded its R&D Laboratory in 2015 and have been continuing its activities accredited from TURKAK since 2016. In the FLO R&D Laboratory with an annual capacity of 240.000 ecological and 10.000 physical tests, each model entering FLO Stores is tested for product safety.Having established a great partnership by joining forces with Gozde Girisim Sermayesi Yatirim Ortakligi A.S., BIM and Mater Footwear BV in November 2013, FLO Retailing continues its operation and investments without pause in line with its target to become one of the 10 global brands of Turkish origin in 2023.Growth AbroadFLO Retailing, which opened its first store abroad in 2015, FLO Retailing incorporated Italy&#39s iconic shoe brand Lumberjack into its structure in 2012 in line with its growth target in Europe.Today, FLO Retailing serves with its more than 80 stores in 14 countries especially in Azerbaijan, Albania, Saudi Arabia, Kosovo, Jordan, Kazakhstan, Uzbekistan, Iraq and Georgia. The efforts aimed to expand the FLO stores throughout the world are continued at the same speed.FLO, which continues its efforts to make a strong entry to Russia with the Lumberjack brand, is also aiming to open a store in Morocco, Kenya and the Republic of the Congo in the Africa continent. FLO continues its e-commerce integration project as part of its export activities. Its performance in e-commerce will be higher with the integration of FLO website with several international web sites in neighboring countries, especially in Russia, Romania and Ukraine.In accordance with its international targets of 2023, the company aims to have an export of 300 million USD, reach 300 stores abroad in 47 countries in total and make Turkey one of the world&#39s largest footwear production base.