News briefs – Page 2
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News briefsInternational trade sees big week-on-week drop
From week to week the US curtailed imports of many Chinese products and materials, the most relevant for the sporting goods industry being apparel (-59.1%).
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News briefsAdidas climate neutrality ad banned by German court
Adidas is ordered to stop promoting its “carbon neutral by 2050” pledge, a court having ruled that its net-zero advertising is misleading.
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News briefsChina to impose new tariffs on US goods
As of April 10, China will impose a 34-percent tariff on all products imported from the US, according to Xinjua.
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News briefsNike secures partial win in patent lawsuit against Lululemon
Lululemon reportedly intends to appeal the infringement ruling.
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News briefsFair Trade Commission fines Dunlop Sports Korea
The company is found to have restricted discounts.
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News briefsEuratex addresses key issues to safeguard the textile sector within the Clean Industrial Deal
400 industry leaders met in Antwerp one year after the launch of the “Antwerp Declaration for a European Industrial Deal” to discuss the challenges ahead.
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News briefsPuma and Brooks settle running-shoe patents and trademark dispute
Both companies reportedly asked to dismiss the cases with prejudice, to ensure they cannot be reopened.
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News briefsAfter US, Argentina to pull out of WHO
Argentina will be leaving the World Health Organization (WHO), president Milei has said, partly because he blames the organization for the Covid lockdowns.
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News briefsPuma files lawsuit over Sun Day Red logo
Puma claims the Sun Day Red logo is “highly similar” to its own logo and is likely to create consumer confusion.
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News briefsAdidas headquarters raided by German law enforcement
After a years-long tax investigation, German law enforcement has executed a search operation at Adidas headquarters in Herzogenaurach, Germany.
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News briefsEU Commission investigating Temu
The Commission seeks to determine, among other things, whether Temu is doing enough to limit the “sale of non-compliant products,
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News briefsAdidas loses case over Thom Browne's four stripes
Thom Browne can use the design of four stripes, says the District Court of Nuremberg-Fürth.
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News briefsAnother call in the US to investigate Shein, Temu
This time it’s coming from an independent government agency.
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News briefsAuthorities in Seoul discover toxic substances in Shein, Temu and AliExpress products
Hazardous chemicals were found in products, raising concerns about the safety standards on these platforms.
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News briefsAsics takes action in Cambodian factory incident
A recent accusation from an international human rights organization has highlighted potential violations of workers’ rights to unionize at a footwear factory in Cambodia. The factory in question is utilized by the Japanese sportswear company Asics.
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News briefsLululemon accused of greenwashing
Lululemon is being sued over its Be Planet marketing campaign in a proposed class action lawsuit.
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News briefsSkechers sues L.L. Bean
Skechers has filed a lawsuit against Maine-based private retailer L.L. Bean, accusing it of allegedly copying a shoe design.
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News briefsAnother shareholder lawsuit against Nike looming
Nike, along with President and CEO John Donahoe and CFO Matthew Friend, could be facing another class action lawsuit.
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News briefsLululemon victorious in court against Nike
Once again, The United States Patent and Trademark Office’s Patent Trial and Appeal Board (PTAB) sided with Lululemon and canceled claims in two Nike patents that cover methods for calculating fitness scores from sensor data. The board ruled five claims of patent number 10,188,930 and eight claims of patent number ...
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News briefsUnder Armour to pay €434 million settlement in shareholder lawsuit
Following a seven-year legal dispute between Under Armour (UA) and a group of shareholders, UA has agreed to pay $434 million in settlement. This should end the legal dispute from 2017, in which it was alleged that the company had misled shareholders about its sales growth to meet Wall Street ...
