The sports equipment manufacturer Coq Sportif announced this Wednesday that it was “looking for financing solutions”, due to “significant financial tensions”, a few months after obtaining a loan from the State.
“Le Coq Sportif is currently facing significant financial stress, especially in terms of cash flow, with the months of October and November being especially exposed, as every year, to seasonal changes in products” and “the company has commissioned a bank that will help you find suitable financing solutions,” Airesis, its parent company, wrote in a press release.
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Source: BFM TV