Legal & Institutional – Page 11
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ArticleFESI welcomes entry into force of FTA between EU and Vietnam
The Federation of the European Sporting Goods Industry (FESI) is welcoming the long-awaited formal entry into the Free Trade Agreement between the European Union and Vietnam (EVFTA) on Aug. 1. After more than eight years of negotiations, the EU and Vietnam will finally benefit from a free trade agreement that ...
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Germany’s anti-trust body clears Intersport’s new online business model
The online sales model of Intersport Germany’s shared online platform has been cleared by the German Cartel Office, or Bundeskartellamt. Noting that it is difficult for small retailers to compete on their own against major online retailers like Amazon and the brands’ online shops, the anti-trust body said it sees ...
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Stefan Herzog is the new president of Fedas
The European Federation of Sports Retailers, Fedas, unanimously elected Stefan Herzog as its new president at its general assembly, convened via a videoconference. Herzog, who ran SportScheck for many years until 2016, will continue as secretary general of VDS, the German Sports Retailers’s Federation, which he has led since the ...
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Fesi joins the call for a Green Recovery Plan for the shoe and apparel industry
The Policy Hub, a joint effort of the Federation of the European Sporting Goods Industry (Fesi), the Sustainable Apparel Coalition (SAC), and the Global Fashion Agenda (GFA), has published a proposal for a ”Green Recovery Plan for Europe,” which is meant to support the economic recovery of the region while ...
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Mandatory tagging of shoes will start in Russia on July 1st
There will be no further delays in the introduction of mandatory tagging of footwear products sold on the Russian market, said Victor Evtukhov, Deputy Industry and Trade Minister. All untagged shoes will be banned for sale in the country from July 1, he added. The tags consist of electronic chips ...
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EU-Vietnam FTA may widen the gap with Cambodia
The Federation of the European Sporting Goods Industry (Fesi) has applauded the ratification by the National Assembly of Vietnam of the Free Trade Agreement between the European Union, removing one of the last obstacles to its passage after eight years of negotiations. Jérôme Pero, secretary general of Fesi, said it ...
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Covid-19 was still an issue in May, according to WFSGI’s monthly survey
(Updated and expanded) Many factories have re-opened on a large scale, after a period in which half of the industry was confronted with the closure of the suppliers’ facilities, but the supply chain has not yet adjusted to the effects of the recent retail lockdowns in many parts of the ...
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ArticleOpinion: Amazon and other marketplaces may be in for a reckoning over illegal sales
Why the sale of illegal products through online platforms could become a problem for Amazon and other marketplaces – and why the widespread circumvention of EU competition law may soon be over
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ArticleLessons Learnt from the Current Corona Crisis on the Legal Risk Management of Supply Chain Issues
A guest article by Jochen Schäfer: The Covid-19 pandemic has thrown the European and world economy into a toxic cocktail of extreme turbulence and challenges, which are far bigger than those experienced during the 2008 financial crisis. While it may be too early to talk about the lessons that I ...
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Fesi surveys the effect of Covid-19 on the industry
The Federation of the European Sporting Goods Industry (Fesi) has surveyed its members to determine the extent of the Covid-19 pandemic’s effects on them and the sporting goods industry. In short, it has found that the pandemic has cut revenues considerably and that e-commerce, while more important than ever, has ...
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Tokyo Olympics are postponed, other sports events cancelled
(Updated on March 24) It’s now official. The Olympic Games will not be held in Tokyo this summer. A joint statement made by the president of the International Olympic Committee (IOC), Thomas Bach, and the Prime Minister of Japan, Abe Shinzo, said that they will have to be rescheduled “to ...
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Russian government postpones shoe tagging
Russia’s Prime Minister, Alexey Mishustin, has postponed the compulsory tagging of footwear in the domestic market from March 1 to July 1, according to a decree posted on the Russian government’s website on March 3.
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ArticleForced labor in China for some sports brands?
Several Chinese factories under foreign contract appear to be resorting to forced labor from ethnic minorities. The suspicion stems from a report on the plight of China’s Uyghurs and other minorities recently released by the Australian Strategic Policy Institute (ASPI) – a self-described non-partisan think tank founded in 2001 to ...
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Two Asian co-chairs will lead the WFSGI
It was Asia’s turn to take on the chairmanship of the World Federation of the Sporting Goods Industries (WFSGI) for the next three years, after Europe and the Americas. Partly in view of the Olympic Games that will be held in Tokyo this year and in Beijing two years later, ...
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A rule change to deal with Nike’s Vaporfly
In response to controversy over Nike’s Vaporfly running shoe and the bouncy carbon-fiber plate inserted in its sole, World Athletics has instituted new regulations on athletic footwear worn for competition (For background, see SGI Europe – Vol. 31 n°2+3 of Jan. 24).
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The FTA between the EU and Vietnam makes progress
The Committee on International Trade of the European Parliament has approved the free trade agreement signed last June by the European Commission with the government of Vietnam, paving the way for its endorsement by the full Parliament in February, ahead of its ratification by the European Council. It calls for ...
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ArticleThe ski market is apparently growing in the long term
Manufacturers’ deliveries of skis, boots and bindings to the trade grew for the third year in a row during the winter 2018/19 season, according to an annual study recently released by the Federation of the European Sporting Goods Industry (Fesi). Some analysts expect the trend to continue to be positive ...
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ArticleThe AAFA appeals to Trump on tariffs
While acknowledging problems in the trade relations between the U.S. and China, the American Apparel & Footwear Association (AAFA) stands opposed to the Trump administration’s policy of imposing high tariffs on imports of footwear and other products from China.
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New president from Puma for Fesi
The fight against counterfeit products and the creation of an adequate framework for the digital transformation in Europe will be among the main priorities for the Federation of the European Sporting Goods Industry (Fesi) following the appointment of a new president, Neil Narriman, during the organization's annual general assembly in ...
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A Spanish tax probe against Nike
Spain’s Tax Agency (Agencia Tributaria) has filed a request against Nike’s subsidiary for the Iberian Peninsula, American Nike, for failure to pay certain corporate and sales taxes. American Nike could owe up to €14.6 million to the Spanish government, most of it for transfer pricing – that is, sales and ...
