Camaïeu, Go Sport… The setbacks of a king of real estate who bet big on trade

Michel Ohayon, at the Commercial Court of Lille Métropole, on September 28, the day before the judicial liquidation of Camaïeu. Thierry Thorel / PHOTOPQR / VOICE OF THE NORTH / MAXPPP

PORTRAIT – Michel Ohayon is also the owner of Go Sport, on borrowed time.

For a man who cultivates discretion at the risk of appearing secret, Michel Ohayon is served. He will be in the spotlight again on Monday, when the Grenoble prosecutor will examine the accounts of Go Sport, whose financial health is causing concern among employees.

The sports trading network is one of the many brands that the entrepreneur has taken over at a good price in favor of the Covid or previous financial difficulties. Michel Ohayon set foot in distribution in 2018 with the acquisition of 22 Galeries Lafayette stores. He entered the capital of Grande Récré the same year, before buying Camaïeu in 2020, then Gap and Go Sport in 2021.

Successful brands

To each of these brands, the Bordeaux billionaire offered the prospect of a recovery, thanks to a solid shareholder and synergies. But the difficulties followed by the liquidation of Camaïeu cast doubt on the ability of this self-made man, above all a real estate specialist, to offer…

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