Go Sportâs managing director BenoÃt Verdier leaves

Go Sport’s managing director Benoît Verdier leaves

Translated by

Nicola Mira

In September, Benoît Verdier, the young, dynamic managing director of French sporting goods retailer Go Sportpresented his plan to transform Go Sport

Benoît Verdier was named Go Sport’s managing director on February 22 2022 – Go Sport

It will be Hubner and Alimi who, on December 19, will have to answer to the city of Grenoble’s prosecutor, who is seeking information on Go Sport’s financial situation. The legal proceedings began after the company’s employee committee, together with Go Sport’s representatives for the CGT, FO, CFECamaïeu’s employees,” according to a statement sent to the AFP agency. The employee representatives said they had filed for “legal proceedings with the trade court before it was too late.” According to Le Monde newspaper, Go Sport’s auditors, KPMG

HPB stated that it “formally denies the erroneous information circulating on Go Sport’s financial situation,” and that “the Grenoble prosecutor’s summons is based on erroneous information that is being rectified, and is causing serious harm to Go Sport and its shareholders.” Go Sport’s like-for-like sales have reportedly grown compared to last year. HPB is the property of Bordeaux businessman Michel Ohayon, and it also owns 25 Galeries Lafayette

Go Sport’s relaunch plan necessarily hinged on a sizeable bank loan. 

A few weeks ago, HPB said that Go Sport, with its 223 stores, would be able to generate a total revenue of €500 million, of which €380 million via its directly managed business.

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