The store will be operated by LT Apparel Romania, a joint venture between FF Group Romania, a subsidiary of international group Folli Follie, and Greek company LT Apparel.
The newly created company has a share capital of EUR500,000 and is 51% held by LT Apparel (Greece) and 49% by FF Group Romania.
FF Group Romania, part of Folli Follie Greece (FF Group), holds stores countrywide, among which mono-brand units (Nike, Folli Follie, Calvin Klein Jeans), multi-brand units (Collective, _kix), and outlet stores.
LT Apparel holds the rights to distribute and promote the brand Brooks Brothers in Greece, Cyprus, the Baltic countries and the Principality of Monaco. The company has developed a 15-unit network in Greece and the Principality of Monaco since 2008.
Founded by Henry Sand Brooks in 1818 in New York, Brooks Brothers currently operates over 500 stores in 17 countries worldwide and covers clothing lines for men, women and children.