Overview

• A consortium comprising Neopar, Xavier Niel, and Iconix has officially submitted a €60 million bid to acquire Le Coq Sportif, currently under judicial restructuring.
• The group plans to refocus the brand on its accessible and popular identity while expanding its global presence, leveraging Iconix’s international retail networks.
• The consortium’s structure allocates 51% to Neopar, 26.5% to a group including Xavier Niel, and 22.5% to Iconix, with an immediate capital injection pledged.
• The Grand Est region has agreed to cancel 50% of its claims, facilitating the takeover, as Le Coq Sportif faces €60–70 million in public debt.
• A rival bid led by Franco-Swiss businessman Dan Mamane, reportedly backed by public authorities, remains under consideration by the court.