Photo: Philippe LOPEZ / AFP
Source: AFP
Loss-making French sportswear brand Le Coq Sportif faces fresh doubts about its finances and operations just as it should be delivering around 370,000 items of clothing and equipment for the Paris Olympics.
The company, which was bought out from near-bankruptcy in 2005 by Franco-Swiss businessman Marc-Henri Beausire, is the main supplier for French athletes at the Paris Games that begin in under 60 days.
On Monday, shares in Le Coq’s Swiss holding company Airesis were suspended on the Swiss…
