All European Union articles
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ArticleEU weakens corporate ESG rules
EU lawmakers and member states agreed to relax ESG reporting rules, reducing compliance burdens for companies amid competitiveness concerns.
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ArticleEU and Indonesia sign free-trade deal
The agreement is welcomed by European sporting goods and footwear industry associations
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ArticleWhat the European Accessibility Act means for sporting goods companies
Companies operating in the EU face new legal obligations to make their digital offerings accessible to people with disabilities.
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News briefsThe sports industry is urging the EU to sustain funding
The EU’s next multiannual budget framework is under pressure from more than 150 organizations across Europe, who are urging it to safeguard sport funding.
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ArticleThe EU Sport Forum looked at the European sport model and the future of European sport
The annual EU Sport Forum is the European Commission’s flagship event about sport at the European level.
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ArticleProvisions of the EU’s AI Act to hit in February
Passed last year, the 144-page law divides AI into four categories and bans the first.
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ArticleTrump’s many executive orders – and some potential effects
US President Trump has already issued a number of executive orders (EOs) since his recent swearing-in. Join us for a selective review.
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ArticleBrussels to close tax loopholes exploited by Chinese marketplaces
The European Union’s plan to impose import duties on low-priced goods could significantly impact fast-fashion giants Shein and Temu. Both companies, known for offering trendy clothing at rock-bottom prices, could face major challenges if the proposed tariffs come into force. Currently, the duty threshold is €150 in the EU and ...
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ArticleEU parliament advances directive to combat greenwashing – FESI applauds
In a bid to shield consumers from deceptive environmental advertising, the European Parliament has advanced its stance on establishing a verification and pre-approval system for environmental marketing claims. Under the proposed green claims directive, companies must substantiate claims such as “biodegradable,” “less polluting,” “water-saving,” or “bio-based content” before promoting their ...
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News briefsMEP Frankowski backs FESI manifesto for inclusive sports
MEP Tomasz Frankowski, Co-Chair of the Sports Group in the European Parliament, has thrown his support behind the Federation of the European Sporting Goods Industry (FESI) Manifesto for the upcoming EU elections. FESI, in a statement, emphasized that this endorsement “underscores the alignment between FESI’s vision and the crucial work ...
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News briefsEU takes steps to block products made by forced labor
The European Parliament is proposing a new legislation framework to investigate the use of forced labor in companies’ supply chains. If it is proven that a company has used forced labor, all import and export of the related goods would be halted at the European Union (EU)’s borders. Companies would ...
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News briefsIndia considers incentivizing the textile industry to promote sustainability
The Indian government is considering incentivizing the textile industry to help promote sustainability practices, Fibre2Fashion has revealed. Roop Rashi Mahapatra, textile commissioner at the Government of India, delivered the message in a webinar titled “Sustainability in Action: Exploring Circularity and Sustainable Solutions in the Textile Industry,” organized by Fairtrade India ...
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News briefsEuropean Commission: Live-stream discussion on forced labor on March 28
In Sept. 2022, the European Commission presented a proposal for a regulation to prohibit products made using forced labor, including child labor, on the internal market of the European Union (EU). Work is now underway to prepare the relevant legislation. To raise awareness of the topic, “Care ...
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News briefsInternet spending continues to grow in the EU
In 2022, 91 percent of people aged 16 to 74 in the European Union used the Internet, according to data from the latest annual survey on the use of ICT in households and by individuals, released by Eurostat. The proportion of e-shoppers jumped from 55 percent in 2012 to 75 ...
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ArticleWHO/OECD report highlights financial and health costs of physical inactivity in Europe
A new report from the World Health Organization (WHO), produced in collaboration with the Organisation for Economic Co-operation and Development (OECD) and with funding from the European Union, highlights the impact that increasing physical activity levels would have on the health of the population and the economy in the continent. ...
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ArticleMaker of CO2-based polyester raises €22m
Fairbrics, a sustainable chemical company developing a technology that converts CO2 emissions into high-quality polyester through a circular manufacturing approach, has received €17 million from the European Union’s Horizon 2020 research and innovation program and an additional €5 million from Fairbrics’ Technology Upscaling Project partners to bring its innovative solution ...
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News briefsEuropean industrial production is decreasing, but performs better than in 2021
Industrial production fell 2 percent in the euro area and 1.9 percent in the European Union (EU) in October 2022 compared with September 2022, according to estimates from Eurostat, the EU’s statistical office. Nevertheless, industrial production rose by 3.4 percent in the euro area and by 3.7 percent in the ...
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News briefsMore sanctions against Belarus considered
The European Union will examine the possibility of imposing sanctions against Belarus for its role in supporting Russia in its war against Ukraine, according to Czech prime minister Petr Fiala. The Czech Republic holds the rotating presidency of the European Union. “We are currently examining […] Belarus’ role and the ...
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ArticleSinking euro signals EU’s slowing economic growth
For the first time in nearly two decades, the euro and U.S. dollar yesterday nearly reached 1-for-1 parity. That suggests a recession is on the horizon for the European Union, contends some economists. Experts contend there are several reasons the euro against the dollar has depreciated 12 percent since the ...
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News briefsEU and New Zealand agree on free trade agreement
The European Union and New Zealand have agreed on a joint Free Trade Agreement (FTA). According to estimates, trade could increase by around 30 percent. The EU is currently already New Zealand’s third-largest trading partner. In addition to consumers and trading companies, agriculture is also expected to benefit. “Our EU-NZ ...
