Airesis, the parent company of Le Coq Sportif, announced on Friday that the sports equipment manufacturer was declared in suspension of payments by the Paris commercial court, “with a six-month observation period on the principle of continuity of exploitation “, according to a statement. .
“Le Coq Sportif relies on this procedure to respond to the challenges facing the brand, while wanting to protect its 330 employees and hundreds of indirect jobs,” says Airesis. The struggling company indicated in October that it was looking for “financing solutions.”
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Source: BFM TV