Legal & Institutional – Page 9
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Statements on forced labor stoke short-lived ire in China
The boycott in China of Nike, Adidas and other Western brands over their stance against alleged human rights violations in the cotton-manufacturing province of Xinjiang is losing momentum, at least in the sports sector, according to an article in the South China Morning Post. Both Nike and Adidas have remained ...
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Europe’s patchwork of Corona regulations for retailers
Daily changes to local Corona safety regulations for retail stores make it difficult to stay on top of things as the pandemic situation heats up again in most European countries. Here is an overview (as of March 25, subject to change and with regional variations) of the status of so-called ...
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EuroSIMA strikes a strategic alliance with USC
The European Surf Industry Manufacturers Association (EuroSIMA) and the French sporting goods industry association, Union Sport & Cycle (USC), have decided to join forces to give their combined 2,200 member companies more services, more leverage and a stronger voice with public authorities to deal with the current Covid-19 crisis. The ...
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EU allows French skilift operators to be subsidized
The European Commission has officially authorized the French government to provide subsidies to the operators of skilifts, cable cars and other ski facilities in the ski resorts all over France, which have been locked down throughout the snow sports season to help minimize coronavirus contamination. The French government had pledged ...
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Myanmar violence raises concern in the industry
Many sports and fashion brands that have shifted part of their sourcing for apparel and footwear to Myanmar because of its lower labor costs are watching with awe the consequences of the recent military coup in the country. According to observers, it may be difficult for some of them to ...
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FESI calls for harmonized sustainable corporate governance rules
The Federation of the European Sporting Goods Industry (FESI) has issued a statement in response to a non-binding report on corporate due diligence that the European Parliament has just approved. This report, presented by a Dutch member of the Parliament, Lara Wolter, is linked to the future EU initiative on ...
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Germany extends lockdown - with easing options
On March 3, the federal-state conference in Germany decided on how to further extend its present lockdown for non-essential retailer operations until March 28, to help fend off the Covid-19 virus. Like in the U.K., it will be phased out in stages, but retailers are furious, partly also because many ...
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Ukraine seeks to involve other countries against Sportmaster
Ukrainian President Volodymyr Zelenskiy has instructed his government to try to urge the U.S., the European Union and other foreign allies to impose similar economic sanctions as those that it has recently imposed on 27 persons and companies including Sportmaster Operations, the parent company of the Russian Sportmaster Group, regarding ...
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Ukraine imposes sanctions on Sportmaster
Sportmaster-Ukraine has been included in a list of sanctions imposed on Feb. 19 by the Ukrainian National Security and Defense Council through a presidential decree notified to Sportmaster Operations Pte. the company based in Singapore that controls Sportmaster’s operations outside Russia. The sanctions have been levied against Sportmaster and 18 ...
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Some internet platforms will have a harder time in Germany
German authorities have passed an amendment to the German Competition Act, published in the Federal Gazette on Jan. 19, that will allow the country’s strong Federal Cartel Office (FCO) to ban large internet platforms like Amazon from engaging in certain types of conduct much earlier than before. The German Cartel ...
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WFSGI adds Jorge Casimiro and Steve Evers to its board of directors
The World Federation of the Sporting Goods Industry (WFSGI) has announced the election of Jorge Casimiro and Steve Evers to its board of directors. Evers, who is the CEO of IIC-Intersport International Corp., replaces Martin Künzi, chief financial officer of IIC, who will remain as treasurer of WFSGI. Casimiro ...
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Nike questions a European tax probe
Nike has asked the European General Court in Luxemburg for the annulment of an investigation by the European Commission into the tax status of its Dutch-based European operations, according to Reuters, arguing that it has failed to prove that certain Dutch tax ruling in its favor amounted to illegal state ...
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Google probed again by the EU
Google is under dual investigations in the European Union for allegedly abusive practices in its advertising business. This month, according to Reuters, anti-trust regulators for the EU have sent to a number of advertisers a 13-page questionnaire regarding the “Include Google Display Network” default setting for search campaigns on Google ...
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DPD resumes U.K. road services to EU but post-Brexit disruption goes on
Shipments to and from the U.K. are just now beginning to return to normal after a major disruption connected with Britain’s formal separation from the EU on Dec. 31, complicated by Covid-19 tests at border points, according to several sources, although U.K. consumers are reportedly facing higher charges because of ...
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The EOG and EDM intensify their partnership
In 2021, the European Outdoor Group (EOG) and EDM Publications (EDM), publisher of The Outdoor Industry Compass (OIC) and SGI Europe, among others, will build on an already existing successful relationship. Together, they want to reach bigger audiences with business information and news about the outdoor industry. Most recently, EOG ...
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Germany gives more aid to retailers affected by the extended lockdown
As expected, the German government has agreed with the federal states on a further extension of a lockdown for retailers that sell non-essential products until Feb. 14. In response to requests made by fashion and sports retailers that are heavily dependent on the sale of winter products, especially seasonal clothing ...
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Updated: Isn’t sports retailing an “essential” category?
The German government is widely expected to announce an extension of its lockdown for retailers of “non-essential” items as well as fitness studios and restaurants through Feb. 14, according to leading German media. The second German lockdown started on Dec. 16 and was supposed to end on Jan. 11, but ...
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Switzerland joins the retail lockdown
Joining Germany and Austria, the Swiss government has ordered the closure of all non-essential physical shops, starting on Monday, Jan. 18. The Swiss ban will last through the end of February, affecting all kinds of sports shops, many of which work a lot with winter sports. However, many Swiss ski ...
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FLA members may not use products from the Xinjiang region
In an unprecedented move, the Fair Labor Association (FLA) has prohibited its member companies from sourcing from or producing in the Xinjiang region, in northwest China, because of growing concerns over violations of human and labor rights. The region is home to several ethnic minority groups, including the Uyghur people. ...
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U.K. signs free trade pacts with the EU and Turkey
On Christmas Eve, the U.K. and the EU reached an eleventh hour trade agreement, after nine months and some 2,000 hours of painstaking discussions involving about 200 officials. The deal, called the EU-UK Trade and Cooperation Agreement, has since been approved by the ambassadors of the EU’s 27 member states ...