Fourlis Group – equity proposition

Fourlis Group is a leading retailer in Southeast Europe, holding exclusive long-term franchise and licence agreements with global brands such as IKEA, INTERSPORT and Foot Locker, combining international brand strength with the group’s deep local market expertise. The group’s partnerships provide exposure to product categories with favourable growth profiles including sporting goods, home furnishings and health and wellness.

We highlight the key points of Fourlis’s investment story.

1. Fourlis’s 25-year partnership with IKEA across Greece, Bulgaria and Cyprus has positioned it as a key franchisee within the global IKEA network.
2. Through its partnership with INTERSPORT, Fourlis serves sports performance customers across the region.
3. Fourlis is in the early stages of rolling out the Foot Locker licence across Southeastern Europe, with operations active in four markets.
4. Management views health and wellness as a structurally growing category in the region.
5. The group’s supply chain platform, Trade Logistics, supports physical retail and e-commerce operations through two distribution centres.
6. Fourlis maintains a 47% participation in Trade Estates REIC.

For further details on Fourlis, please see our latest research or visit the company’s website.