Giacomelli-Deal Stopped in its Tracks

RIMINI, Italy (October 30) – The bankruptcy court of Rimini have declared insolvency over the entire Giacomelli Sport Group, including all its subsidiaries. This includes Longoni Sport and giacomellisport.com. Previously the group was granted receivership status, which meant that all liabilities were to be frozen for the period of one year.(MH) Source:SGI