More Legal news – Page 71

  • News briefs

    Giant China is looking for a review of the European...

    23 July 2013

    Giant China is looking for a review of the European Commission's decision to assess anti-dumping duties against it, according to CyclePress, the Asian trade journal. The Commission decided in June for a continuation of the 48.5 percent anti-dumping duty on bicycles imported from China into the EU, but partly or ...

  • News briefs

    Adidas has suspended its contract with Tyson Gay after the...

    23 July 2013

    Adidas has suspended its contract with Tyson Gay after the American sprinter failed an out-of-competition drug test, but the brand said that it presumes his innocence until proven otherwise. Tyson declared that he could not identify the substance, but he is withdrawing from next month's world track & field championships ...

  • News briefs

    Li-Ning has suspended its sponsorship of Asafa Powell after the...

    23 July 2013

    Li-Ning has suspended its sponsorship of Asafa Powell after the Jamaican sprinter was formally placed under criminal investigation in Italy for possibly violating doping laws earlier this month. Italian police confiscated unidentified substances in a raid on the hotel where Asafa Powell, Jamaican teammate Sherone Simpson and their Canadian physical ...

  • News briefs

    Tickets for next year's World Cup in Brazil should be...

    23 July 2013

    Tickets for next year's World Cup in Brazil should be the cheapest ever sold in the competition's history, according to a statement by Fifa, the international governing body of football. Jérôme Valcke, Fifa's secretary general and the organization's No. 2, said that 70 percent of the tickets will be cheaper ...

  • News briefs

    Luca Businaro, president of Assosport, is calling on the banks...

    2 July 2013

    Luca Businaro, president of Assosport, is calling on the banks to support the Italian sporting goods sector as the latest figures from NPD indicate that the country's consumption of its products fell by 6 percent for apparel and 2 percent for footwear in the 12 months ended last March. Collectively, ...

  • News briefs

    Bernard Tapie, the controversial French businessman who owned Adidas for...

    2 July 2013

    Bernard Tapie, the controversial French businessman who owned Adidas for a while, has been placed under police surveillance while a Paris court is holding hearings on charges of organized fraud in relation to his company's sale of Adidas through a French state bank, Crédit Lyonnais, in the 1990s. Tapie, who ...

  • Short stops

    Foot Locker has received final approval from the German Cartel...

    2 July 2013

    Foot Locker has received final approval from the German Cartel Office to complete its $94 million acquisition of Runners Point

  • Short stops

    The organizers of the Wimbledon tennis tournament have reported banned...

    2 July 2013

    The organizers of the Wimbledon tennis tournament have reported banned Roger Federer from wearing his tennis shoes with orange soles on the court, but the style has sold out on Nike's website

  • News briefs

    Kjus has reached an amicable settlement with Tom Tailor, a...

    21 June 2013

    Kjus has reached an amicable settlement with Tom Tailor, a German fashion company, which it accused of imitating the colors and the functional features of one of its down jackets, called Backflip. Tom Tailor has agreed to stop distributing the infringing jacket and to destroy the items sold through its ...

  • News briefs

    The International Olympic Committee has shortened from eight to three...

    31 May 2013

    The International Olympic Committee has shortened from eight to three the list of sports that are candidates for inclusion in the 2020 Olympic Games. It has retained wrestling, squash and baseball/softball, and one of them will be picked in September. The candidates that did not make it to the final ...

  • News briefs

    The European Cyclists' Federation (ECF) and the International Sport and...

    31 May 2013

    The European Cyclists' Federation (ECF) and the International Sport and Culture Association (ISCA) have announced that their partnership to promote the benefits of active lifestyle across Europe has been awarded a €1 million grant from the European Union budget. The grant is to be used for the upcoming Oct. 7-13 ...

  • News briefs

    Peter Jørgensen, who runs a Danish distribution company, Sports Connection,...

    31 May 2013

    Peter Jørgensen, who runs a Danish distribution company, Sports Connection, has been elected president of the Danish shoe industry association, which has changed its name from Danmarks Skoleverandør Forening to Skobranchen.dk. The association represents 40 suppliers, including Ecco. Sports Connection is currently the distributor of Skechers and other brands in ...

  • News briefs

    Sergei Bubka has announced that he will stand to succeed...

    31 May 2013

    Sergei Bubka has announced that he will stand to succeed Jacques Rogge as the president of the International Olympic Committee (IOC). Bubka, 49, who won six pole vault world titles along with his Olympic gold, will be the youngest candidate in the running. He is a member of the IOC ...

  • News briefs

    Arena has decided to introduce a new generation of Powerski...

    15 May 2013

    Arena has decided to introduce a new generation of Powerski Carbon-Pro swimsuits following a request last February by Fina, the international authority for water sports, to comply with its regulations for racing models used in its competitions. The Italian company says it launched a new series of quality control checks ...

  • News briefs

    A federal judge in Louisville, Kentucky ordered Skechers to pay...

    15 May 2013

    A federal judge in Louisville, Kentucky ordered Skechers to pay $40 million as a settlement for 70 class-action suits brought by some 520,000 U.S. consumers against the company, alleging misleading claims about the physical benefits of its toning shoes. The consumers who bought the shoes between Aug. 1, 2008 and ...

  • News briefs

    Michael Tomson, 58-year-old co-founder of Gotcha surfwear, was arrested on...

    15 May 2013

    Michael Tomson, 58-year-old co-founder of Gotcha surfwear, was arrested on May 1 after a traffic accident in Laguna Beach, California, on suspicion of cocaine possession and driving under its influence. Tomson was released by the police after posting bail of $100,000.

  • News briefs

    The Federation of the European Sporting Goods Industry (Fesi) has...

    2 May 2013

    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 ...

  • News briefs

    João Havelange, the former president of Fifa, has resigned as...

    2 May 2013

    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 ...

  • News briefs

    The German football scene has been shaken by a major scandal....

    2 May 2013

    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 ...

  • News briefs

    Skechers has announced the appointment of BDO USA as the...

    2 May 2013

    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 ...