ECONOMY

Folli Follie selling Links of London

folli-follie-selling-links-of-london

Financially troubled jewelry and fashion accessories firm Folli Follie has confirmed it is looking to sell jewelry subsidiary Links of London.

Links has filed for bankruptcy in the United States but continues to operate.

Folli Follie is seeking 60 million euros for all its stake in Links of London, but markert insiders believe the real value is between 10 and 20 million euros.