Legal & Institutional – Page 3
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International Boxing Association expelled from Olympic movement
The International Olympic Committee (IOC) has withdrawn recognition of the International Boxing Association (IBA), formerly known as Association Internationale de Boxe Amateur (AIBA), in connection with allegedly unresolved finance, governance and ethical issues. It is the first time in the IOC history that a sport’s governing body is expelled from ...
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Brand owners to get more flexibility in cross-border EU Trademark Infringement disputes
The latest ECJ ruling and what it means in practical terms for brand owners who intend to prosecute cross-border trademark infringements
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IOC launches “Let’s Move” global campaign on Olympic Day
Source: IOC The International Olympic Committee (IOC) has announced a new global initiative to inspire the world to move more every day in collaboration with the World Health Organization (WHO). The campaign, dubbed Let’s Move will begin on Olympic Day, June 23. According to recent WHO data ...
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Rottefella wins patent suit against Amer
The Norwegian Court of Appeal has ruled in favor of Rottefella and Madshus in the patent case against Amer Sports on moveable binding systems. The lawsuit targeted “Move,” a binding system for cross-country skis that Norwegian manufacturer Rottefella launched in 2018 after several years of product development. Move, developed by ...
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PGA Tour, DP World Tour and LIV Golf merge into new commercial entity
The PGA Tour, DP World Tour and Saudi-backed Public Investment Fund (PIF) have announced a “landmark agreement to unify the game of golf on a global basis.” The transformational agreement combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA Tour ...
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EU Parliament votes in favor of supply chain act, FESI calls for improvements
With 366 votes in favor of the law and 225 against (38 abstained), the EU Parliament in Brussels voted in favor of the European version of the Corporate Sustainability Due Diligence Directive (CSDDD) on June 1. The EU Parliament wants companies within the EU to be required to more strictly ...
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Unions send open letter to Adidas demanding workers be compensated from Yeezy profits
In response to Adidas’ announcement to begin selling off Yeezy products, unions united in the Pay Your Workers - Respect Labor Rights (PYW-RLR) trade union committee have written an open letter to Adidas CEO Bjørn Gulden. In the letter, they support the company’s pledge to donate proceeds from the sale ...
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Fashion fast and slow, preferably slow
A number of European mayors, many of them attending the latest edition of the ChangeNOW show in Paris, have signed the “Declaration to Drive Sustainable Fashion.” The declaration is an appeal to the EU, the G7 and the OECD to tip the fashion industry’s playing field in slow fashion’s favor. ...
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The Outdoor Industry Compass and EDM Publications are ready for OutDoor by ISPO!
It’s the most important event of the year, and we’ll be there! Find out more about the free panels we’re hosting and the experts joining us
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EU sets out its position on destruction of unsold textiles
The latest news from Brussels will affect brands deal with “waste” stock. We outline the EU’s new stance on destroying unsold textiles
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H&M CEO named new co-chair of The Fashion Pact
H&M Group’s CEO Helena Helmersson has been appointed co-chair of The Fashion Pact, succeeding the global CEO-led industry initiative’s co-founder, Kering Chairman and CEO François-Henri Pinault. Pinault had launched The Fashion Pact at the 2019 G7 Summit upon the invitation of French President Emmanuel Macron. The Fashion Pact represents one-third ...
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Sustainability has become a status symbol for Gen Z
Gen Z consumers incorporate sustainable values but wish they had more knowledge. We explore what this means for brands and the mistakes to avoid.
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Marketing report on sustainability: “Companies need to be braver”
Marketing professionals want bolder decisions when it comes to their companies’ sustainability strategies, according to a new global marketing study.
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Adidas hit with shareholder lawsuit over Kanye West relationship
The proposed class action suit, filed in U.S. federal court in Oregon on April 28, names Adidas AG, the company’s former CEO Kasper Rorsted, and current CFO Harm Ohlmeyer as defendants. The 26-page complaint, filed on behalf of Adidas investor HRSA-ILA Funds and other shareholders, accuses the company of ignoring ...
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HDE calls on EU to take more cues from German supply chain law
On the occasion of the European Parliament’s Legal Affairs Committee voting in favor of the current compromise text on the EU Supply Chain Act (Corporate Sustainabilitiy Due Diligence Directive), the German Retail Association (Handelsverband Deutschland, HDE) has raised the alarm that the proposed supply chain regulation will overburden small and ...
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Shareholder class action filed against Allbirds
Due to a 96 percent drop in its stock price compared to its fourth-quarter 2021 highs, an Allbirds shareholder has filed a lawsuit in the Northern District of California against the environmentally conscious footwear maker, accusing the company of providing false and misleading information in its November 2021 IPO prospectus ...
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IOC announces $10m fund to prevent harassment and abuse in sport
The president of the International Olympic Committee (IOC), Thomas Bach, has announced a $10 million fund to strengthen safe sport and the creation of a working group to coordinate the Olympic Movement’s safeguarding efforts. The announcement was made by Bach during a conference hosted by the IOC in Lausanne and ...
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Milano-Cortina 2026: IOC favors bobsleigh solution outside Italy
The International Olympic Committee (IOC) has formally informed the International Commission for the Protection of the Alps (CIPRA) that there is no need to build a new bobsleigh track for the 2026 Winter Olympics in Milano-Cortina. CIPRA had raised a number of critical questions earlier this year concerning the organization ...
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WFSGI cooperates with WHO to improve global health
The World Health Organization (WHO) and the World Federation of Sporting Goods Industry (WFSGI) have signed a Memorandum of Understanding (MoU) in Geneva that establishes a framework for collaboration to improve global health through increased physical activity and sports participation. Recent industry data shows that health and well-being are on ...
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Tokens here and everywhere
In a study it has recently released titled “Digital Assets Trends,” a company by the name of Reply has concluded that tokenization can be universal. In other words, just about anything can be turned into or paired with a digital asset on a blockchain. Over the past couple of years, ...