HomeEconomyGo Sport: a new CEO for the brand in crisis

Go Sport: a new CEO for the brand in crisis

The financially struggling Go Sport chain of stores will welcome a new general manager, Patrick Puy, from 4 January, its parent company HPB announces.

The Go Sport brand, in financial difficulties, changes its CEO. From this Wednesday, Patrick Puy will be in charge of the chain of stores.

Presented as “broken in the social dialogue in business”, Mr. Puy “will have the mission of continuing the necessary transformation” of the company, indicates a press release from HPB, a subsidiary of the Financière immobilière bordelaise (FIB) of the businessman . Michel Ohayon.

He is the second CEO in less than a year after Benoît Verdier, appointed at the end of February 2022.

Patrick Puy is a specialist in corporate restructuring, having recently worked for Vivarte.

Mission, turn around the company

Go Sport has a new boss at a time when fears for the future of the company are high.

On December 21, the commercial court of Grenoble appointed an investigating judge and postponed the examination of the Go Sport file until January 16.

Towards legal redress?

The mission of this judge will be “to make a precise statement of the financial situation” of the group and its French subsidiary. If suspension of payments is characterized, a suspension of payments procedure will be opened.

At a loss for years, Go Sport, founded in 1978 and based in Sassenage, on the outskirts of Grenoble, had been bought at the end of 2021 for a symbolic euro by HPB from the parent company of the Casino food distribution group, the company Rally. , heavily in debt. The company employs just over 2,000 people.

Author: SA with AFP
Source: BFM TV

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