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Gap France: elected staff trigger their right to alert


While the textile brand had been bought in 2021 by the HPB group, which announced that it would resell it to Go Sport, an expert will carry out investigations into the economic situation of the company.

The elected staff of the ready-to-wear brand Gap France exercised their right to alert on Friday in order to obtain information on the situation of their company, bought in 2021 for one euro by the HPB group (Hermione, People & Brands), which announced the resale to Go Sport.

During a central social and economic committee (CSEC), the elected officials of Gap France, including those of the majority CFDT, thus followed in the footsteps of those of Go Sport, whose elected officials had requested the appointment of an administrator at the beginning of December. judicial as part of an economic alert law procedure, a union source told AFP, confirming information from the



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An expert appointed by the CSEC will have two months to carry out investigations on the economic situation of the company and submit his report.

HPB, the distribution arm of Financière immobilière bordelaise (FIB), an investment fund owned by Bordeaux businessman Michel Ohayon, who owns the network of 21 Gap clothing stores in France, announced on 12 January

"the acquisition of Gap France by Go Sport

" for an amount of 38 million.

Read alsoWhat future for Go Sport and its 2,160 employees?

This operation and the

"lack of transparency"

on the part of management worry the 350 employees of Gap France, while Groupe Go Sport, the holding company of the brand specializing in sport, was declared in mid-January in receivership by the Commercial Court of Grenoble.

The latter noted

“its state of cessation of payments”

, but made the distinction with Go Sport France, which brings together the stores of the group and it is not in a state of cessation of payment.

At Go Sport, the unions and the central social and economic committee (CSEC) have been alarmed in recent months by significant money flows to the parent company HPB (Hermione, People & Brands), the entity that brings together the distribution activities bought by Michel Ohayon.

The Grenoble public prosecutor's office confirmed in mid-January that it had opened an investigation in November for "abuse of social property" concerning Go Sport,

"the auditors (having) transmitted several revelations of criminal facts"

, had indicated the prosecution, without further ado. precision.

Source: lefigaro

All business articles on 2023-01-27

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