The French sportswear manufacturer Le Coq Sportif has been placed into receivership in order to respond to "challenges" facing the brand and to "protect its 330 employees".
The former provider of the Tour de France yellow jersey also provided kit to the French Olympic Federation during the summer games in Paris, including for Valentin Madouas and Christophe Laporte when they rode to silver and bronze medals in the men’s Olympic road race behind the winner, Belgium’s Remco Evenepoel.
