Go Sport: the owner of the brand gives up “with regret” on its continuation plan

2023-04-17 17:00:44

The Ohayon group continues its difficult period. The owner of HPB, one of the companies in the Ohayon galaxy, announced that it had given up presenting a continuation plan for Go Sports on Monday, on the eve of a new hearing at the Grenoble commercial court.

“It is with regret that we announced to the commercial court that we are abandoning our draft continuation plan,” communications director Franck Geretzhuber said in a statement. The Grenoble commercial court must still consider Tuesday the future of Go Sport, in receivership since January. About twenty buyers have applied to take over the sporting goods distributor in the midst of turmoil.

HPB has already tried, in vain, to thwart the receivership decision pronounced on January 19 by the commercial court. His appeal was rejected Thursday by the Grenoble Court of Appeal, according to a judicial source.

An open investigation

Another bad news for the Ohayon group. After the liquidation of the Camaïeu brand (2,600 employees) last September, the group’s holding company, Financière immobilière bordelaise (FIB), declared itself insolvent, the Gap brand (350 employees) was placed in receivership and 25 Galeries Lafayette stores were placed in safeguard proceedings.

The Paris public prosecutor’s office has opened a judicial investigation for “organized gang fraud, habitual money laundering, bankruptcy and abuse of social property”, in continuation of an investigation opened in Grenoble following “several revelations of criminal facts” reported by the auditors of Go Sport.

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