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French-Swiss entrepreneur Dan Mamane's bid selected for Le Coq Sportif takeover

Paris - The Paris Commercial Court (TAE) selected the bid from French-Swiss entrepreneur Dan Mamane to take over the struggling equipment supplier Le Coq Sportif on Friday. Mamane's bid was chosen over a consortium backed by businessman Xavier Niel and judoka Teddy Riner. Le Coq Sportif kitted out the French delegation at the Paris Olympic Games...

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European luxury: A new report reveals the challenges and growth prospects

European premium and luxury brands represent 5 percent of European GDP, or 986 billion euros. This figure, from a new report by the European Cultural and Creative Industries Alliance (ECCIA), in collaboration with the Comité Colbert and Bain & Company, is up 1 percent compared to 2018. While its evolution demonstrates growth dynamics, the...

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