Le Coq Sportif news and archive

French-Swiss entrepreneur Dan Mamane's bid selected for Le Coq Sportif takeover

Paris - The Paris Commercial Court (TAE) selected the bid from French-Swiss entrepreneur Dan Mamane to take over the struggling equipment supplier Le Coq Sportif on Friday. Mamane's bid was chosen over a consortium backed by businessman Xavier Niel and judoka Teddy Riner. Le Coq Sportif kitted out the French delegation at the Paris Olympic Games...

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Takeover of Le Coq Sportif: offer submitted by several investors

Paris - A consortium including several investors, such as Xavier Niel, and the American group Iconix (Lee Cooper, Umbro) submitted an offer of 60 million euros to take over the sports equipment company Le Coq Sportif, which was placed in receivership at the end of November, according to a statement on Wednesday. Le Coq Sportif, a supplier for...

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Le Coq Sportif: A high-stakes battle to save the French icon

The future of Le Coq Sportif hangs in the balance over the coming weeks. Placed in receivership since November 2024, the historic sportswear brand, official outfitter of the French delegation for the Paris 2024 Olympic Games, has attracted interest from two potential buyers. One, backed by the French government, appears best positioned to ensure...

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Sports goods manufacturer Le Coq Sportif placed under bankruptcy administration

The sports equipment manufacturer Le Coq Sportif has been placed under judicial restructuring proceedings by the Paris Commercial Court. "Le Coq Sportif is relying on this procedure to respond to the challenges facing the brand while protecting its 330 employees and hundreds of indirect jobs," parent company Airesis said on Friday. The troubled...

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Le Coq Sportif parent Airesis records annual loss

In 2023, Airesis S.A.'s unaudited consolidated revenues declined to 121 million Swiss francs and the company recorded a negative EBITDA of 20 million Swiss francs and a loss of 36 million Swiss francs. The company has sought a new deadline to publish the 2023 annual report from the regulator of the Swiss Stock Exchange. The company plans to...

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Stéphane Ashpool to design France’s uniforms for Olympics in Paris in 2024

Stéphane Ashpool, founder of Pigalle, has been named artistic director and senior designer to dress the French athletes for the Olympics and Paralympics in Paris in 2024. French athletic brand Le Coq Sportif will manufacture the performance wear for more than 30 Olympic and Paralympic sports, including swimming, tennis, skateboarding,...