News briefs – Page 57
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News briefs
Bernard Tapie, the controversial French businessman who owned Adidas for...
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 ...
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Kjus has reached an amicable settlement with Tom Tailor, a...
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 ...
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News briefs
The International Olympic Committee has shortened from eight to three...
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 ...
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Sergei Bubka has announced that he will stand to succeed...
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 ...
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News briefs
The European Cyclists' Federation (ECF) and the International Sport and...
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 ...
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News briefs
Peter Jørgensen, who runs a Danish distribution company, Sports Connection,...
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 ...
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Arena has decided to introduce a new generation of Powerski...
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 ...
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A federal judge in Louisville, Kentucky ordered Skechers to pay...
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 ...
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Michael Tomson, 58-year-old co-founder of Gotcha surfwear, was arrested on...
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.
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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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
