Europe 1 with AFP 09:27, January 19, 2023

The Grenoble commercial court on Thursday placed the sporting goods distributor Groupe Go Sport in receivership after noting its state of cessation of payment. 

The Grenoble commercial court on Thursday placed the sporting goods distributor Groupe Go Sport in receivership after noting its state of cessation of payment.

"By a solidly reasoned judgment, the court (...) noted the state of cessation of payments of the company Groupe Go Sport and opened proceedings in receivership", announced the Grenoble prosecutor's office in a press release.

He specified that "the company Go Sport France is not declared in cessation of payments, but its situation will be impacted by that of its parent company", also targeted by a preliminary investigation for "abuse of social good".

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