Having recently signed a deal to kit out the French Olympic teams for 2020 and 2024, Le Coq Sportif has announced revenues of 132 million euros for 2019, representing a year-over-year increase of 6.9%.
The French sportswear brand owned by Airesis recorded a 1.3% increase in sales in the first six months of the year, and is forecasting a revenue of approximately €135 million for the full 2019 financial year.
The brand, owned by the Swiss investment company Airesis, has recorded a turnover of 52.9 million euros for its first half ending in late June. It has significantly reduced its losses compared to last year.
A Swiss investment company and the majority shareholder of Le Coq Sportif has sold its company of water sports brands to a German investment fund for nearly 40 million euros. The deal is scheduled to close in mid-Dece...