News briefs – Page 59
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News briefs
The Federation of the European Sporting Goods Industry (Fesi) has...
The Federation of the European Sporting Goods Industry (Fesi) has been assured that ski boots will be included in the talks on a free trade agreement between Japan and the European Union (EU), which had a positive first round in Brussels in mid-April. Fesi officials will discuss the timeline and ...
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News briefs
João Havelange, the former president of Fifa, has resigned as...
João Havelange, the former president of Fifa, has resigned as honorary president of football's global organization amid accusations of bribery relating to ISL, the agency that formerly handled marketing and broadcasting rights for Fifa. The departure of the 96-year-old Brazilian last month is mentioned in a report compiled by the two-chamber ...
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The German football scene has been shaken by a major scandal....
The German football scene has been shaken by a major scandal. Uli Hoeneß, player, manager and currently president of Bayern Munich during some 40 years, has filed a charge against himself for improper tax deductions. The 61-year-old surrendered himself to the authorities and paid €6 million right away to reduce his ...
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Skechers has announced the appointment of BDO USA as the...
Skechers has announced the appointment of BDO USA as the company's new independent auditors, replacing KPMG which resigned after the discovery of unlawful activities by one of its partners. Skechers points out the resignation was not related to its financial statements, but nevertheless, BDO will re-audit the company's statements for ...
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The Canadian government has outlined its intention to reduce import...
The Canadian government has outlined its intention to reduce import duties on sports equipment and baby clothing, resulting in annual savings of around 76 million Canadian dollars (€58.3m-US$75.1m) for importers. Noting that the import duty on hockey equipment stands at 18 percent, Bauer Performance Sports said the tariff cut should result ...
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Two major U.S. footwear companies, Skechers and Deckers Outdoor Corporation,...
Two major U.S. footwear companies, Skechers and Deckers Outdoor Corporation, the owner of Ugg, Teva and other brands, are subject to a series of cases of alleged misconduct by a staff member of their auditing company, KPMG. Skechers has already announced that it no longer works with KPMG. The separation followed the ...
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Qiaodan Sports, a Chinese sports apparel and footwear brand, is...
Qiaodan Sports, a Chinese sports apparel and footwear brand, is countersuing Michael Jordan for damages in a Fujian court, alleging that a suit filed by the U.S. basketball star last year tarnished its reputation and thwarted its plans to go public on the Shanghai stock exchange. Jordan, whose Chinese name ...
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Adidas filed a federal complaint last Apr. 8 in Miami,...
Adidas filed a federal complaint last Apr. 8 in Miami, accusing 150 Chinese-operated websites of infringing on the trademarks of Adidas, Reebok and Mitchell & Ness through the sale of counterfeit products. The sites listed in the lawsuit include domain names such as www.classicsneakers.com, www.soccerstarshop.net and www.zigtechshoesbuy.com. The complaint ...
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Glòria Peralta has taken the place of Montse Centelles as...
Glòria Peralta has taken the place of Montse Centelles as managing director of Afydad, the Spanish sporting goods industry association. Centelles has run it for four years, taking numerous interesting initiatives. Peralta has been working for many years in the export promotion section of Barcelona's Chamber of Commerce.
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Penn State is the latest U.S. university to have suspended...
Penn State is the latest U.S. university to have suspended its apparel licensing contract with Adidas, over a dispute regarding severance pay for workers at PT Kizone, an Indonesian apparel factory that was abruptly closed down in 2011. The plant was not owned by Adidas, but several other top universities ...
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News briefs
Dahon, the leading brand of folding bicycles, said it had...
Dahon, the leading brand of folding bicycles, said it had reached a settlement with Tern in their legal dispute of almost two years, which should put an end to the distraction caused by a bitter row between two sides of the Hon family. The legal spat erupted in June 2011 ...
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The French Centre National Professionnel pour la Commercialisation des Articles...
The French Centre National Professionnel pour la Commercialisation des Articles de Sport et de Loisir (CNPC, or “French National Professional Center for Trading in Sports & Leisure Products”) opened its new campus in the town of Meylan in the area of Grenoble. This branch of the institution was previously located in Seyssins ...
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W.L. Gore & Associates and Geox, the Italian footwear...
W.L. Gore & Associates and Geox, the Italian footwear brand, have put an end to their disputes regarding Gore's Surround technology and have agreed on a settlement in the case. After Gore's introduction of Surround to the market, there have been legal quarrels in several European countries. The conflict has ...
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News briefs
ABS has put out a warning about the use of...
ABS has put out a warning about the use of its avalanche ball systems with wireless activation. Until further notice, this activation must no longer be used, says the German company. Instead, the ABS avalanche ball is to be inflated manually. Apparently, the sonic transmission that activates the ball possibly ...
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News briefs
Shortly after the highly publicized product recalls for ABS avalanche balls...
Shortly after the highly publicized product recalls for ABS avalanche balls and the via ferrata sets of various climbing brands, another outdoor-related product is now subject to a recall. Migros, the big Swiss retail cooperative, is now warning customers about the potential safety hazards of a black snowshoe sold in its SportXX chain. The item ...
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Décathlon has obtained the approval of India's Foreign Investment Promotion...
Décathlon has obtained the approval of India's Foreign Investment Promotion Board to open its first stores for the general public in the country, controlling them at 100 percent. According to reports, the French chain is planning to invest around €100 million to expand in India, but a spokesman for its ...
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Under Armour has filed a lawsuit in a district court...
Under Armour has filed a lawsuit in a district court in Baltimore against Nike, claiming that it is infringing on the federally registered “I Will” trademark. The company said that Nike has been using a similar phrase to promote its products. “I will” is the theme of Under Armour's latest ...
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Nike has also been hit by a patent infringement suit...
Nike has also been hit by a patent infringement suit filed in a federal U.S. court in Chicago by McDavid and Stirling Moulding of England. The case concerns Nike's use of a flexible material, whose patent is held by Stirling and licensed by McDavid, in foam-padded garments marketed by the ...
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The Hohenstein Institute is working on a two-year research project...
The Hohenstein Institute is working on a two-year research project on textile-based head protection systems to help helmet manufacturers offer improved headgear. By measuring heads, helmets and the textiles inside them, the study is due to produce a comprehensive database for optimized textile-based head protection devices, applicable to all head ...
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Sir David Jones, has been charged by the Serious Fraud...
Sir David Jones, has been charged by the Serious Fraud Office in the U.K. of two offenses while he served as executive chairman of the former JJB Sports between January 2009 and January 2010. He is accused of forgery and of making misleading statements to the market. His son Stuart ...
