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Le Coq Sportif exits Spanish market with 2.5 million euros in debt

French sportswear brand Le Coq Sportif has decided to close its Spanish operations after its subsidiary in the country filed for bankruptcy. According to Modaes, the Spanish company has liabilities of around 2.5 million euros (2.69 million dollars), which has led to the cessation of its direct activities in the market. The closure affects a...

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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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