News briefs – Page 26

  • News briefs

    German retailers seize the Constitutional Court over the lockdowns

    2021-05-31T17:06:00Z

    A group of ten German retailers including Intersport, Engelhorn and Rose Bikes have sued the German federal government in the country’s Constitution Court over its strict anti-Covid lockdown regulations. The current measures prevent the opening of so-called “non-essential” retail stores, including sporting goods retail shops, in areas where more than ...

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    Nike claims its break-up with Neymar was tied to a sexual assault allegation

    2021-05-28T17:18:00Z

    Nike’s decision to stop working with Neymar jr. last year was connected with allegations by a Nike employee that the footballer had sexually assaulted her, the Wall Street Journal (WSJ) has revealed, and Nike has partly confirmed the report, adding that the allegations could not be confirmed. Neymar has vigorously ...

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    The NBA forms NBA Africa

    2021-05-27T14:51:00Z

    The National Basketball Association (NBA) has announced the formation of NBA Africa, a new entity that will operate the league’s business in the African continent. This will include the Basketball Africa League (BAL), jointly operated by the NBA and the International Basketball Federation (FIBA), and the NBA’s first collaboration to ...

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    ​U.K. competition watchdog sets out “green claims” principles for businesses

    2021-05-27T14:51:00Z

    In 2020, the U.K. Competition and Markets Authority (CMA) announced that it was investigating the impact of “green” marketing on consumers. A recent analysis of websites, conducted alongside other global authorities, has shown that 40 percent of green claims made online could be misleading, the CMA said. The CMA is ...

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    Nike and Puma are still battling over the term “footware”

    2021-05-27T14:51:00Z

    The Fashion Law has reported that Nike and Puma appeared before the High Court of Justice in London on May 17 for an appeal hearing stemming from Nike’s quest to register the term “footware” as a trademark, for use in connection with tech-driven sneakers. In Nike’s view, “footware” would refer ...

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    Mizuno joins Xinxiang boycott

    2021-05-25T17:37:00Z

    Mizuno Corp. has joined several Western sports brands in the boycott of cotton sourced in the Xinjjiang region of China. The company refrained from an official disclosure of the reasons for the move, which is probably linked to allegations of human rights abuses against Muslim Uyghurs in the area. It ...

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    GB Snowsport launches initiative to attract urban youngsters

    2021-05-24T17:15:15.093Z

    GB Snowsport has launched Project Balance, a new initiative aimed at fostering new connections between young people in urban environments and the country’s snow sports program. Project Balance is part of a wider effort by the British governing body for snow sports to build enthusiasm ahead of the Olympic and ...

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    StockX is probed by the Italian competition authority

    2021-05-24T14:59:00Z

    Italy’s competition regulator, AGCM, is investigating StockX – the U.S.-based online market for sneakers, streetwear, collectibles and other items – over various aspects of its service, among them allegedly misleading pricing. AGCM said that it is concerned by the “total absence” during the purchasing process of the identity of the ...

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    AAFA releases updated Restricted Substance List

    2021-05-21T13:03:00Z

    The American Apparel & Footwear Association (AAFA) has released the 22nd edition of its Restricted Substance List (RSL), which lists banned or restricted chemicals and substances in finished apparel, footwear and home textile products around the world. The 22nd version of the RSL covers 12 categories with more than 250 ...

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    Peloton pushes software lock to Tread+

    2021-05-20T12:42:00Z

    Peloton Interactive has followed through on its agreement with the CPSC to improve the safety of its treadmills by requiring users to unock the devices with a four-digit PIN, dubbed “Tread Lock,” after 45 seconds of inactivity. The feature is part of an automatic software upgrade that is being pushed ...

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    Shareholder suit against UA may proceed

    2021-05-20T12:38:00Z

    Following Under Armour’s acceptance of a $9 million settlement with the Securities and Exchange Commission (SEC) earlier this month, Baltimore federal court judge Richard Bennett has ruled that a long-running consolidated shareholder suit against the company can go forward. The suit, which names the company and its former CEO Kevin ...

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    Peloton is hit by a class action suit

    2021-05-04T14:38:00Z

    The shareholders of Peloton Interactive are being asked to participate in a common class action suit against the company, accusing it and its top executives of violating federal securities laws in connection with the death on March 17 of a child trapped under one of the company’s Tread+ home treadmills. ...

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    UA to pay $9m in fines for misreported revenues

    2021-05-04T14:38:00Z

    The U.S. Securities and Exchange Commission (SEC) is levying $9.0 million in fines on Under Armour for “misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects.” The misdeeds occurred over a year and a half, from the third ...

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    Russia postpones to June 15 deadline to sell untagged shoes

    2021-05-04T08:51:00Z

    The Russian government has once again pushed back the deadline for retailers to sell their remaining inventories of untagged footwear to avoid counterfeits. The new date is June 15. Labelling shoes with special electronic tags became mandatory in Russia on June 1, 2020. As of April this year, 82,000 companies ...

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    Columbia sues Wuxly over its heat-reflective design patent

    2021-05-04T08:49:00Z

    Columbia Sportswear is suing Wuxly, an outerwear company registered in Canada, for allegedly infringing a design patent covering its heat-reflective material. The lawsuit (U.S. number 655,921) was filed on April 27. According to the plaintiff, Wuxly’s Sabertooth line of jackets uses lightweight underlining that infringes on Columbia’s Omni-Heat reflective material. ...

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    BSI tells the German government that sport can help defeat Covid

    2021-04-29T09:38:00Z

    The German Sporting Goods Industry Association (BSI) has called on the German federal government in an open letter to recognize the relevance of sport as an “effective corona (virus) prevention” and to use “sport as part of the solution for coping with pandemics.” Sport is important for physical and mental ...

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    English soccer to boycott social media over “abuse”

    2021-04-27T17:13:00Z

    Various British football associations will be boycotting the social media networks for the U.K.’s bank holiday from April 30 to May 3. The reason, as their common statement reads, is the “ongoing and sustained discriminatory abuse received online by players and many others connected to football.” The announcement was made ...

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    Sports Direct is ordered to pay back rent

    2021-04-26T17:25:00Z

    The U.K.’s High Court has ordered Frasers Group, the parent of Sports Direct and many other companies, to pay rent arrears to the landlords of one of its stores, which has been forced to stay closed for several weeks because of the Covid-19 pandemic. The judge supported the claims of ...

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    Afydad launches online marketplace

    2021-04-26T16:28:00Z

    Afydad, the Spanish association of sporting goods manufacturers and retailers, has launched a new website, www.spainissport.com, to serve as an omnichannel B2C marketplace and B2B showroom. The marketplace is now operational, can take orders from final customers and can “geolocate” for them the nearest distributor or retailer of a given ...

  • News briefs

    German retail lockdown measures set through June 30

    2021-04-22T16:57:00Z

    German legislation that imposes new limits on the opening of schools and non-essential retail stores, including sports shops, passed the Senate on Thursday, April 22. Already approved by the lower house of the German Parliament, the bill became law on Friday after being signed by German President Frank-Walter Steinmeier. Stretching ...