News briefs – Page 61
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News briefs
Quiksilver's chief executive officer, Robert McKnight, two other top managers...
Quiksilver's chief executive officer, Robert McKnight, two other top managers and the board of directors of the group are charged of violating a mandate issued by shareholders in 2000 to cap the number of new shares offered under the company's stock option plan at a maximum of 800,000. The Vladimir Gusinsky Living ...
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Vibram had filed a suit against Fila in the U.S....
Vibram had filed a suit against Fila in the U.S. in July 2011 for infringing on its designs for FiveFingers separated-toe shoes through its Skeletoes range of footwear. The two parties have agreed to settle the case at unknown conditions, making a court ruling unnecessary.
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Nike is fighting another battle against Chinese authorities. The U.S....
Nike is fighting another battle against Chinese authorities. The U.S. company is one of the sponsors of Liu Xiang, the first Chinese to have won an Olympic gold medal in men's track & field competitions in 2004 as 110-meter hurdler, and a national sports hero. According to The Wall Street Journal, Nike does ...
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News briefs
The European Union has formally announced that it is expanding...
The European Union has formally announced that it is expanding its investigation into subsidized bike imports from China to cover allegedly Chinese-made products that come in through other countries such as Indonesia, Malaysia, Sri Lanka and Tunisia. On April 27, the European Commission initiated an anti-subsidies proceeding concerning imports of ...
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News briefs
India's central government finally won parliamentary approval last week for...
India's central government finally won parliamentary approval last week for its proposed reform allowing foreign investors to own stakes of 51 percent in multi-brand retail activities. The suggestion to open Indian retailing to foreign interests has been hotly debated for several years: Some view it as an important move to ...
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News briefs
The Asian Golf Industry Federation (AGIF) has a new president...
The Asian Golf Industry Federation (AGIF) has a new president from South Korea. Tim Trinka has been unanimously elected to lead the organization for the next two years. He works as a senior foreign lawyer at Bae, Kim & Lee in Seoul. He has been co-chairman of the Real Estate ...
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News briefs
India's Serious Fraud Investigation Office is reportedly going to file...
India's Serious Fraud Investigation Office is reportedly going to file additional charges against two former executives of Reebok India, Subhinder Singh Prem and Vishnu Bhagat, after receiving a forensic audit ordered by Adidas and conducted by Ernst & Young. The review has uncovered allegedly fake transactions with unauthorized customers that ...
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News briefs
In a move that is likely to be watched...
In a move that is likely to be watched with interest by other sports companies, Jack Wolfskin has issued a warning that it would take more forceful action against retail partners in Germany and Austria who sold their products on internet auction websites in breach of their trade agreements with ...
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European and U.S. customs authorities reported that they blocked 132...
European and U.S. customs authorities reported that they blocked 132 websites suspected of selling counterfeit goods earlier this week, including fake Nike products. It is the first time that European and U.S. authorities have teamed up in such a crackdown: On the European side, it involved Europol and customs offices ...
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News briefs
The French federation of the sporting goods industry, Fifas, has...
The French federation of the sporting goods industry, Fifas, has launched a new website featuring a new visual identity, with a new logo and a new graphic design. The organization aims at modernizing its image and better communicating with its members. The new website also covers corporate social responsibility and ...
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News briefs
Skins, the Swiss-based brand of compression garments, has informed the...
Skins, the Swiss-based brand of compression garments, has informed the Union Cycliste Internationale (UCI) that it would seek damages of $2 million to make up for the adverse impact of the Lance Armstrong doping scandal on its investments in cycling. The company argues that the UCI failed to adequately tackle ...
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The Nuremberg District Court has decided in favor of Adidas...
The Nuremberg District Court has decided in favor of Adidas in a case of alleged patent infringement filed by Nike earlier this year. Without any opportunity for Adidas to state its case, the court had granted a temporary injunction in August ordering Adidas to quit making and selling its Primeknit ...
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News briefs
The Beijing Administration for Industry and Commerce has fined Nike...
The Beijing Administration for Industry and Commerce has fined Nike almost $780,000 for deceptive business practices. Nike is allegedly selling a basketball shoe that is touted worldwide as having two cushions – but in China it only has one. The price, about $208, is the same as in other markets. ...
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News briefs
Arrival Star and Melvino Technologies, based in Luxembourg and the...
Arrival Star and Melvino Technologies, based in Luxembourg and the British Virgin Islands, respectively, filed charges in Miami against Nike for direct and indirect patent infringement of patent numbers 6,952,645, 7,400,970, and 6,904,359. The three patents are related to tracking and notification technologies used by Nike for advance ship notices, ...
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Labor unrest is reportedly causing serious disruption in Indonesia's footwear...
Labor unrest is reportedly causing serious disruption in Indonesia's footwear production. The Indonesian Footwear Association (Aprisindo) has told the Jakarta Post that its members have had to suspend operations at more than 200 factories. Employers have been calling for the government to take more efficient measures to quell prolonged and ...
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News briefs
Oxbow's new general manager, Baptiste Caulonque, has handed out a...
Oxbow's new general manager, Baptiste Caulonque, has handed out a cheque for $17,000 to Duane de Soto to support his Na Kama Kai association in Hawaii. The association, whose name means Children of the Sea, supports ocean-based educational programs and aims at raising awareness of ocean protection issues. The donation ...
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Workers clashed with police at a factory in South Jakarta...
Workers clashed with police at a factory in South Jakarta that supplies shoes for Adidas and Mizuno on Oct. 18. According to the local police, 13 people were injured among whom five workers, six police and two students. Former employees of PT Panarub Dwikarya Benoa (PDB) asked to be reinstated, ...
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News briefs
The Waina Outrigger Organisation (WOO) has won the Eurosima call...
The Waina Outrigger Organisation (WOO) has won the Eurosima call for innovation projects 2012. The Eurosima Cluster, which gathers the European boardsports industry manufacturers, has been organizing the call over the past four years with the objective of supporting, encouraging and adding value to innovative projects in the boardsports industry. ...
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News briefs
Warrior Sports has announced that a Maryland federal judge recently...
Warrior Sports has announced that a Maryland federal judge recently issued an injunction prohibiting Under Armour, Neal Goldman, Jenny Levy, and Vertical Lax from utilizing Warrior Sports' confidential documents and related information in their possession. The company, which is owned by New Balance, alleges that its own 2011-12 business plan ...
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News briefs
The annual general meeting of the Federation of the European...
The annual general meeting of the Federation of the European Sporting Goods Industry (Fesi), which gathered at the office of Assosport in Treviso on Oct. 22-23, appointed Johan Adamssons, head of sports marketing for team sports at Puma, and Michel Zany, president of the French sporting goods industry association, Fifas, ...
