More Legal news – Page 4
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News briefsTennis Industry Association rebrands to serve diverse community
Tennis Industry Association (TIA) has undergone a transformation, rebranding itself as the Racquet Industry Research Group (RIRG). The change signifies more than just a shift in name; it marks a strategic move to broaden its mission and serve the entire racquet sports community with research and data. Recognizing the diverse ...
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News briefsParis 2024 medals carry an actual fragment of the Eiffel Tower
See the medals the world’s greatest athletes will receive this summer.
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News briefsBMC seeks short-time work amid market struggles
The Swiss bicycle market is facing tough times. Several brands from the Alpine country have struggled since the pandemic, with BMC being the latest on that list. Because of decreased demand, the company has filed a preemptive application for short-time work with the competent department for economy and labor in ...
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News briefsUEFA president will not stand for reelection in 2027
Aleksander Ceferin, the head of European football governing body UEFA, has announced that he would not stand for reelection in 2027 and an unprecedented fourth term at the helm of the organization. An amendment to UEFA’s statutes passed by the organization’s Congress on Feb. 8 would have ...
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News briefsSkechers celebrates dismissal of shareholder lawsuit by Delaware Court
Skechers USA. Inc. has announced that the Delaware Chancery Court has dismissed with prejudice the shareholder derivative lawsuit filed on July 21, 2022, against all current and former members of the Skechers Board of Directors named as defendants. The Court’s decision to dismiss the action with prejudice was met with ...
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News briefsFIFA unveils 2026 World Cup schedule
FIFA has announced the schedule for the 2026 World Cup, set to be split between Mexico, the US and Canada. The final of one of the world’s largest sporting events will take place at New Jersey’s MetLife Stadium, which has beat out Dallas’ AT&T Stadium for the privilege in a ...
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News briefsFigures for the 2024 Winter Youth Olympic Games
The fourth edition of the Winter Youth Olympic Games, which was held in Gangwon, South Korea, from Jan. 19 to Feb. 1, attracted more than 270,000 spectators, who could attend the Games as well as an extensive program of cultural and interactive sports activities, on offer through the “Let’s Play ...
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News briefsBullpadel victorious in commercial court
Spain’s Provincial Court of Murcia has confirmed the sentence of the same province’s Third Commercial Court against Team Sport DM S.L., the company behind the e-commerce websites padeliberico.es and padelman.net – as Diffusion Sport and others have reported. Bullpadel brought suit against Team Sport for an apparent bait-and-switch operation. As ...
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News briefsEbay slashes 1,000 jobs amid economic struggles
In a recent internal memo made public, eBay’s CEO, Jamie Iannone, announced plans to reduce the company’s workforce by 9 percent, amounting to approximately 1,000 jobs. The memo cited external challenges, including a “challenging macroeconomic environment,” as reasons for the downsizing, noting that the company’s expenses have outpaced its business ...
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News briefsSwedemount successfully confirms reconstruction plan approval
Swedemount Sportswear & Fashion AB has successfully had a reconstruction plan approved. The majority of Swedemount’s suppliers and groups of creditors voted to confirm the reconstruction plan. Johan Andgren, the Swedish company’s CEO, expresses gratitude to nearly all creditors who have supported them throughout the reconstruction plan. Andgren attributes the ...
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News briefsGolf in Spain keeps growing
The number of golf federation members in Spain reached nearly 300,000 (298,959) in 2023, 1.8 percent more than the previous year, of which 297,378 amateurs and 1,581 professionals, according to figures from the Royal Spanish Golf Federation (RFEG). Golf in Spain has experienced five years of consecutive growth, achieving a ...
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News briefsHyperice expands patent infringement lawsuits
Hyperice, a California-based wellness brand specializing in therapy technology, has filed a total of 16 new lawsuits in federal court against Sharper Image, HoMedics, Ekrin Athletics and a dozen other companies that have sold massage guns that allegedly infringe Hyperice’s patented percussion massage technology. The lawsuits encompass both direct sellers ...
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News briefsAdidas confronts accusations of environmental and worker exploitation
According to a report by the investigative journalism platform Follow the Money, Adidas is facing allegations of contributing to worker exploitation and Amazon destruction in producing its sports shoes. The report suggests that the leather used in Gazelle and Spezial trainers comes from Brazilian meat producers involved in Amazon deforestation. ...
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ArticleFIS announces Impact Sustainability Program
The International Ski Federation (FIS) has released its newly developed Impact Program, a sustainability action plan designed to guide FIS and its key stakeholders through current and future global sustainability challenges. The program covers the period 2024-2026 and includes short, medium and long-term projects and targets. It will serve as ...
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ArticleCounterfeit products cost EU companies €16 billion in sales each year
According to a new study by the European Union Intellectual Property Office (EUIPO), counterfeit goods cost EU industries an estimated €16 billion in sales and nearly 200,000 jobs each year. The 44-page document, titled “Economic Impact of Countering in the Clothing, Cosmetics, and Toy Sectors in the EU,” reveals the ...
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News briefsGlobal Esports Federation unveils senior executive team
Paul J. Foster, CEO of the Global Esports Federation (GEF), has announced a series of updates to the organizational structure as part of the introduction of the GEF 5.0 strategy for the 2024-2028 cycle. Each member of the executive team will lead a core GEF division: Rustam Aghasiyev, Chief ...
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ArticleA review of pro golf’s pending big deal
According to Front Office Sports, the CEOs of two major golf leagues are stepping down, namely Keith Pelley of the DP World Tour (the former European Tour) and Martin Slumbers of the R&A, the sport’s governing body in the UK and operator of the Open Championship. Pelley will be replaced ...
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ArticleSprague becomes new CEO of POW
After unanimous board approval, POW’s previous Board Chair steps in to the role of the organization’s CEO.
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News briefsSoMe guidlines changed by IOC, help athletes at Paris and Gangwon 2024
Get ready to see more content from athletes during the Olympic Games in Paris and Winter Youth Olympic Games in Gangwon. The IOC has changed its guidelines to make it easier for athletes (and sponsors).
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News briefsGeographic mislabeling at Boohoo
Boohoo appears to have put “Made in the UK” labels on perhaps thousands of articles of clothes that were manufactured in southern Asia (Pakistan, for example), as we have learned through Business of Fashion. The original – and presumably correct – labels were removed and replaced last year at the ...
