More Legal news – Page 16
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News briefsInfantino reportedly wants World Cup every three years
The FIFA’s president’s desire for more power, influence and revenue does not seem to stop after the World Cup in Qatar. According to an exclusive report by The Daily Mail, Gianni Infantino would like the FIFA World Cup to be held every three years instead of the current four. No ...
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News briefsSports organizations pledge to first-ever international “Sports for Nature Framework”
Twenty-three sports organizations, including the International Olympic Committee (IOC) as a founding partner, have signed the first-ever Sports for Nature Framework. The signatories commit to protecting and avoiding damage to important species and habitats, restoring key ecosystems, creating sustainable supply chains, and educating and inspiring the wider sporting community to ...
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News briefsFIFA confirms creation of 32-team Club World Cup from 2025
FIFA president Gianni Infantino has confirmed the introduction of a new quadrennial men’s Club World Cup that will kick off in 2025. The tournament will feature 32 top teams from across the globe, up from the original 24-team scheme that was planned for 2021, canceled due to the Covid-19 pandemic. ...
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ArticleDecision on judicial recapitalization proceedings for Go Sport expected Wednesday
According to media reports, a hearing was held on Dec. 19 with management and employees to examine the financial situation of the retail chain.
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ArticleCompanies call on European Commission to revise REACH regulation
22 global companies have called on the president of the European Commission to reverse the decision to postpone the revision of REACH to Q4 2023.
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ArticleGeneral terms of business: Frequently neglected, frequently not updated
A wake-up call for the sporting goods industry and trade.
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News briefsFINA rebrands as World Aquatics
The International Swimming Federation (FINA) has become World Aquatics following a vote in Melbourne on Dec. 12 at an extraordinary congress on the eve of the World Swimming Championships (25m) 2022. Founded in 1908, FINA controls the development of aquatic events in swimming, water polo, diving, artistic swimming, high diving ...
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News briefsMove City Sport to continue as a biennial event
The organizers of Move City Sport have announced a second edition of the event, which is set to take place on Oct. 23-24, 2024, in Bergamo, Italy. The announcement comes on the heels of the success of the inaugural show, which was held earlier this year, also in Bergamo, on ...
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News briefsPeloton executives accused of insider trading by shareholders
A lawsuit filed in Delaware Chancery Court by Krikor Arslanian on behalf of Peloton shareholders accuses 12 current and former Peloton executives, including co-founders John Foley and Hisao Kushi, of insider trading. The executives sold $500 million worth of stock last year despite allegedly knowing about the safety problems with ...
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News briefsChina eases Covid restrictions
China announced a general relaxation of Covid-19 health rules, authorizing patients with mild symptoms and for asymptomatic cases to quarantine at home. Previously, such cases were sent to mass quarantine centers. The National Health Commission also indicated that negative PCR test results would no longer be needed for domestic travel ...
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News briefsUN Resolution highlights power of sport to achieve peace and sustainable development
The United Nations (UN) General Assembly in New York adopted on Dec. 1 a consensus resolution that recognizes the power of sport to expand sustainable development and inspire young people around the planet. The text is titled “Sport as an enabler for sustainable development.” In his opening remarks, the president ...
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News briefsKappa introduces its first U.S. Ski & Snowboard collection
Kappa’s first U.S. Ski & Snowboard collection has hit the brand’s stores and related online outlets. The range – the activewear version of the race outfits worn by the athletes on the U.S. team – comprises a ski jacket and pants, a fleece sweater, an ultra-light ...
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News briefsFESI renews president, elects board
The Federation of the European Sporting Goods Industry (FESI) held its general assembly at an unusual location, this year’s ISPO Munich, to mark the show’s post-lockdown reopening. At the meeting, FESI reappointed president Neil Narriman for a new three-year term and elected a new board, with representatives from five brands ...
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ArticleWSFGI elects new board of directors
The World Federation of the Sporting Goods Industry (WFSGI) has elected a new Board of Directors for a three-year term at its General Assembly on Nov. 29, 2022, at ISPO Munich. Andy Rubin, deputy chair Pentland Group Ltd., has been elected the new chair of the board of the WFSGI. ...
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News briefsNew joint IOC-WHO program to promote physical activity
The International Olympic Committee (IOC) and the World Health Organization (WHO) have launched a new joint program to strengthen the role of sport in contributing to reducing physical inactivity and fostering active lives. According to a recent report by the WHO, 81 percent of adolescents and 27.5 percent of adults ...
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News briefsGerman sports retailer association VDS elects new board
At the annual meeting of the Verband Deutscher Sportfachhandel e.V. (VDS) in Munich, the board of directors was unanimously elected, including two new members: President Stefan Herzog, Munich Jochen Schnell, Pforzheim (new) Katrin Hanel, Oschatz (new) Honorary president Werner Haizmann, Stuttgart Treasurer Harrison Kahlert, Hildesheim Mark Antonius Rothe, Berlin ...
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News briefsInfantino to remain FIFA president for four more years, delivers bizarre speech in Qatar
Gianni Infantino has emerged as the only candidate for the next election in March and is therefore set to head FIFA for another four-year term beyond the 2026 World Cup. Infantino was first elected to the top role of football’s global governing body in 2016 to replace Sepp Blatter, and ...
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News briefsHDE elects Intersport Germany CEO to be the new president
On Nov. 16, the delegates of the German Retail Association (HDE) elected Alexander von Preen as the new president by a large majority. The assembly of retail entrepreneurs thus followed a corresponding proposal made by the HDE board in June of this year. Previously, the previous association president Josef Sanktjohanser ...
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News briefsFrance’s government focuses on sports employment
France’s ministers of labor, sports, and education and vocational training – Olivier Dussopt, Amélie Oudéa-Castéra and Carole Grandjean – have signed a roadmap document to accelerate professional integration through sport. Sport currently represents 448,000 jobs in France, namely 2.2 percent of the country’s overall salaried workforce. It is also a ...
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News briefsIOC confirms Singapore to host first Olympic Esports Week in 2023
The International Olympic Committee (IOC) has confirmed that the first Olympic Esports Week will be held in Singapore from June 22-25, 2023. The announcement is the next major step in supporting the development of virtual sports within the Olympic Movement and deepening collaboration with competitive gamers. In partnership with the ...
