Intersport Deutschland has taken its former president, Hartmut Fröhlich, to court for alleged improper use of the group’s assets and for actions that were not in accordance with the buying group’s own statutes and code of conduct. Kim Roether, who succeeded Föhlich two years ago as Intersport Deutschland’s president in charge of personnel, finance, logistics and other operations, told the press that his predecessor is by no means being sued for money that he may have put in his own pocket. Rather, the case concerns company funds that have apparently been used to help troubled retailers survive. The volume of the damage to the company that Fröhlich is sued for is estimated at €9.3 million (read the details in the last issue of SGI Europe).
