The Bankruptcy of the Desport Network (Formerly Decathlon) Was Initiated by a Court in Moscow
4 Articles
4 Articles
The former Decathlon network's head structure was at an early stage of bankruptcy due to a creditor's debt of almost 19 million roubles. The Moscow authority launched the surveillance process at the Oktoblu company, which runs the Desport stores, which transmits the RIA News. Previously, the firm submitted a brand of Decathlon in Russia. Creditor Andrei Tuskin filed a claim with Orbitex. The Court found his claims to be justified and included a …
The bankruptcy of the Desport network (formerly Decathlon) was initiated by a court in Moscow
The bankruptcy of the Desport network (formerly Decathlon) was initiated by a court in Moscow.In 2022, the French Decathlon chain, which had 57 stores in Russia, suspended operations in the country.In 2023, the Russian company ARM acquired the...
Bankruptcy proceedings have been opened against the company that operated Decathlon's former Russian store network. The company behind its successor, Desport, generated a loss of nearly 3 billion rubles in 2024, and now creditors are knocking.
The Court of Arbitration of Moscow, on the application of the creditor, introduced an initial bankruptcy procedure – surveillance – in relation to Octoblu AO, the head structure of the sports network... ~ 31.08.2026, PRIM
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
