NEW YORK (Reuters) – The political situation in France is unstable after the no-confidence vote toppled the government, the CEO of sports retail giant Decathlon Barbara Martin Coppola said on Wednesday at the Reuters Next conference.
“Hopefully stability will come back to France,” she said, adding that although the sports sector so far had been showing resilience, the uncertainty is weighing on consumers and could have long-term effects on the company.
(Reporting by Shashwat Awasthi and Vanessa O’Connell, writing by Makini Brice, editing by Tassilo Hummel)