News briefs – Page 24
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News briefs
Eliasch wants to deliver on many new ideas at FIS
In a statement following his election as the new president of the International Ski Federation (FIS), Johan Eliasch said he wants to help its executive team to “deliver on many of the good new ideas which surfaced during the election campaign.” He added: “I am fully committed to bringing a ...
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News briefs
Amazon under scrutiny in multiple EU countries
The National Data Protection Commission (CNPD) in Luxembourg, where the company has its European headquarters, has proposed fining Amazon $425 million for violations of the EU’s General Data Protection Regulation (GDPR). In short, Amazon is alleged to have improperly collected and used data on its customers. If it meets with ...
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News briefs
Li Ning is no longer the kit partner of India’s Olympic body
The Indian Olympic Association (IOA) has dropped Li Ning, the Chinese sportswear maker, as its official uniform partner, citing public sentiment in the country. Indian athletes will wear unbranded apparel at the upcoming Tokyo Olympic Games instead, the IOA said. The next edition of the Summer Olympics, postponed from 2020 ...
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News briefs
10k apparel and footwear fakes seized in Spain
Authorities and the police in Badalona, a Spanish municipality near Barcelona, have detained ten Chinese nationals for trafficking in counterfeit goods at the shops they operate. Of the 10,000-odd items seized, with a total value exceeding €400,000, some 8,836 were apparel and footwear items offered under such faked brands as ...
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News briefs
Puma avoids a restraining order in Roar lawsuit
The federal court of New York for the Southern District has rejected a request for a temporary restraining order against Puma, which would have prevented it from using teeth designs on its apparel. The plaintiff, Christophe Roberts, claimed that various designs launched by the Wild Cat to address NBA customers ...
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News briefsEU modernizes VAT rules for international online trade
New EU tax rules for orders placed with non-European online retailers will come into force at the beginning of July. The most important change is the elimination of the previous exemption limit of €22 for direct (B2C) imports. This means that import VAT will be due on all packages, with ...
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News briefs
Eliasch is the new president of the International Ski Federation, and he may quit as Head CEO
Johan Eliasch, the Swedish billionaire and long-time major shareholder and CEO of Head, has been elected as the new president of the International Ski Federation (FIS). He succeeds Gian-Franco Kasper, who has stepped down after 23 years in charge of the governing body. Eliasch, who secured more than half of ...
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News briefs
U.S. congressmen urge basketball players to end Chinese endorsements
The co-chairmen of the Congressional-Executive Commission on China, Senator Jeff Merkley of Oregon and a member of the House of Representatives, James P. McGovern of Massachusetts, have addressed a letter to Chris Paul and Michele Roberts, the president and executive director of the National Basketball Players Association (NBPA). In it ...
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News briefs
German retailers seize the Constitutional Court over the lockdowns
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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News briefs
Nike claims its break-up with Neymar was tied to a sexual assault allegation
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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News briefs
The NBA forms NBA Africa
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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News briefs
U.K. competition watchdog sets out “green claims” principles for businesses
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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News briefs
Nike and Puma are still battling over the term “footware”
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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News briefs
Mizuno joins Xinxiang boycott
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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News briefs
GB Snowsport launches initiative to attract urban youngsters
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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News briefs
StockX is probed by the Italian competition authority
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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News briefs
AAFA releases updated Restricted Substance List
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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News briefs
Peloton pushes software lock to Tread+
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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News briefs
Shareholder suit against UA may proceed
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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News briefs
Peloton is hit by a class action suit
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. ...
