The verdict is in, the commercial court of Grenoble announced on January 19 the placement of Go SportCamaïeu, another chain owned by the HPB group, which began this procedure in the summer of 2022, ending in a judicial liquidation on September 28.

“In a well-reasoned judgement, the court (…) noted the state of cessation of payments of the company Groupe Go Sport and opened a procedure for judicial recovery,” announced the Grenoble public prosecutor in a statement. It said that “Go Sport France has not been declared in suspension of payments, but its situation will be affected by that of its parent company”, which is also the subject of a preliminary investigation for “abuse of corporate assets.”

A six-month observation period has been opened, with the appointment of two administrators and two legal representatives. This is to “manage the company in the best interests of employees and creditors, under the control of judges and the public prosecutor,” the Grenoble public prosecutor’s office added.