Andre Ségura, the CEO of the French distributor Go Sport, a subsidiary of Casino (Rallye Group), has been replaced by a specialist in corporate restructuring, was learned Monday from concordant sources, a decision that could lead to closures of stores according to FO union.
Philippe Favre, appointed President to replace Mr. Ségura, is a member of Prospheres, a firm of executives specializing in the management of companies in transformation. He will be assisted by Brice Garnier, appointed general manager and also a member of Prospheres, according to Go Sport. They will be responsible "to define with all employees the necessary actions that will allow Groupe GO Sport, especially after the transfer of + Courir +, to continue its transformation," said the same source.
Last week, the sporting goods distributor had finalized the sale of its sportswear brand (251 stores in France and 34 internationally) to the investment company Equistone Partners Europe for 283 million euros. euros. In a recent interview with AFP, André Segura claimed that the company, born in the heart of the Alps following the Grenoble Olympics in 1968, had recorded in 2018 a turnover of 800 million euros. euros, up 6%.
Asked by AFP, the union FO of Go Sport worried about the future of the brand. "This will be the end of our brand" which has already closed "in small pockets 35 stores in four years", "without a plan to safeguard employment for the 300" employees concerned, told AFP Laurence Labaurie, FO delegate. "We think everything is already prepared" for the closure of many stores or their disposal, added Ms. Labaurie. According to her, "out of the remaining 82 Go Sport stores in France, for about 1,800 employees (including 1,600 in the stores)," about 50 are in the […]
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