All Airesis articles
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ArticleClassic French brand enters receivership
Le Coq Sportif will be looking for fresh investments for the next six months.
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ArticleParis 2024: A powerful symbiosis of openings, product launches, cultural events, mishaps and scandals
By the time the 2024 Summer Olympic Games officially opened in Paris last week, the mega-event had already cast a shadow. For weeks, the events, store openings and product launches of a wide range of players had followed one another like pearls on a string.
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News briefsLe Coq Sportif’s losses soar, SIX suspends trading of Airesis
Swiss holding company Airesis announced as part of the presentation of preliminary figures that Le Coq Sportif, which will provide the French teams at the Olympic Games in Paris with around 370,000 items of clothing and equipment, suffered a loss of around 36 million Swiss francs (€37.3m) in 2023 and ...
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News briefsLe Coq Sportif sees sales momentum, earnings recovery in H2
Le Coq Sportif said it is seeing sales momentum and expects to see earnings recover in the second half of the year after its top line disappointed, and losses widened in the first half. The brand reported sales of €63.2 million in the first six months of 2023, down by ...
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News briefsLe Coq Sportif reportedly seeks €30 million in equity financing
In March 2020, Le Coq Sportif secured an agreement to supply apparel for the French Olympic and Paralympic teams for the Paris 2024 Games. The brand was awarded the kit deal as a result of an apparel supplier tender that was issued in September 2019. Three years later, and just ...
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News briefsLe Coq Sportif posts double-digit sales growth in H1
Le Coq Sportif saw sales in the first half of 2022 jump to €65 million, representing a 23 percent increase compared to the first half ended June 2021. The strong performance was primarily driven by international sales, which rose by 80 percent. Textile sales, which registered a 13 percent growth, ...
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ArticleAiresis sees FY losses narrow as revenues rise 41%
Airesis, the Swiss holding company that controls Le Coq Sportif and Movement Skis, saw its net loss in the year ended Dec. 31 narrow to 10.6 million Swiss francs (€10.4m) from CHF 23.4 million the year earlier as consolidated revenues grew by 41 percent to CHF 143.9 million (€140.9m), supported ...
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Article
Airesis’ H1 revenues soar by 86%, losses narrow
Airesis, the Swiss holding company that controls Le Coq Sportif and Movement Skis, saw its net loss in the first half ended June 30 narrow to 9.4 million Swiss francs (€8.7m-$10.2m) from CHF 18.5 million the year earlier. Consolidated revenues jumped by 86 percent to CHF 59.9 million (€55.3m-$64.9m), as ...
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News briefs
Le Coq Sportif and its parent book a loss for 2019
Airesis, the Swiss holding company of Le Coq Sportif and Movement Skis, reports a net loss of 11.4 million Swiss francs (€10.8m-£11.8m) for 2019, compared with a loss of CHF 891,000 in the prior year. Consolidated revenues rose by 3 percent to CHF 157.5 million (€149.7m-£162.6m). Le Coq Sportif, in ...
