News briefs – Page 65
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News briefs
The Indian government has decided to allow foreign brands to...
The Indian government has decided to allow foreign brands to own up to 100 percent of any of their mono-brand stores operating in the country, instead of working with a local partner. The only condition is that they will have to source at least 30 percent of the value of ...
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News briefs
Angler's Zone, based in Vilnius, is the first Lithuanian company...
Angler's Zone, based in Vilnius, is the first Lithuanian company to join EFTTA, the European Fishing Tackle Trade Association. Angler's Zone is a wholesaler of the Pontoon21 brand of lures, tackle, rods and accessories, as well as a representative for several Japanese manufacturers. Besides Pontoon21, it also works with Lamiglas ...
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News briefs
Amer Sports' winter & outdoor sports division had received a...
Amer Sports' winter & outdoor sports division had received a complaint from Bern, a company in Kingston, Masachussets, that sells helmets for cycling, skating and snow sports. Bern filed a lawsuit in a Boston court late last month charging that Salomon's Ghost and Brigado Audio helmets infringe on a federal ...
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News briefs
Michel Zany, president and chief executive of Cornilleau, has been...
Michel Zany, president and chief executive of Cornilleau, has been elected as the new president of Fifas, the French sporting goods industry federation. He takes the place of Claudine Reynes, former country manager of Fila in France, after many years at the helm of the organization. Zany will oversee six ...
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News briefs
The World Federation of the Sporting Goods Industry had hired...
The World Federation of the Sporting Goods Industry had hired Florian Dammer to be its new bicycle manager and Simone Ramsauer to manage public relations. Dammer was a road racer as a youth, in the German Bundesliga, and competed in World Cups. He has worked in marketing for KTM Fahrrad ...
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News briefs
Erik Cherdak, an American who got a patent in 1995...
Erik Cherdak, an American who got a patent in 1995 for an “athletic shoe with training device,” has launched a federal lawsuit in Alexandria, Virginia, against Nike and Apple, claiming that their Nike+ technology infringes his patent as well as U.S. antitrust regulations. The infringing products named in the complaint ...
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News briefs
Brooks Sports found more than 700 pairs of counterfeit shoes...
Brooks Sports found more than 700 pairs of counterfeit shoes at an Australian warehouse of the retailer Paul's. Earlier this year, Brooks suspected the retailer of actively seeking out counterfeit products to sell, so requested action by the government to make an unannounced raid on the warehouse to seize all ...
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News briefs
Golf ‘us is considering possible legal action to obtain payment...
Golf ‘us is considering possible legal action to obtain payment for some €200,000 worth of products delivered to the pro shops of Aymerich Management in Spain on a consignment basis. Two years ago, the Italian-based golf retail chain obtained a supply contract, due to expire at the end of this ...
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News briefs
Hanyang, a company in California run by Denny Barge, owner...
Hanyang, a company in California run by Denny Barge, owner of a Chinese sourcing agency, has emerged as a bidder for the assets of Power Balance, the U.S. company whose bracelets purport to optimize the body's natural energy, which filed for Chapter 11 bankruptcy protection on Nov. 11. Barge is ...
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News briefs
The much-publicized decision by the Indian government to allow more...
The much-publicized decision by the Indian government to allow more foreign direct investment (FDI) in the retail sector is up in the air after some in the political elite opposed the move. As reported in the last issue of SGI Europe, India decided a few weeks ago to allow FDI ...
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News briefs
About 60 workers at a Cambodian factory collapsed in a...
About 60 workers at a Cambodian factory collapsed in a mass fainting incident, according to just-style.com. The Sportex Industry factory, which supplies sportswear for Adidas, had three false fire alarms in a row, forcing the workers there to rush out of the two-story building three times. Afterward, they collapsed; initial ...
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News briefs
Nautilus is recalling about 10,000 Schwinn elliptical trainers after reports...
Nautilus is recalling about 10,000 Schwinn elliptical trainers after reports of the foot plate either coming off or breaking when the machine is in use. The model, No. 460, was sold between July 2008 and May 2011 in the U.S. for about $1,000 both online – at Nautilus.com and Amazon.com ...
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News briefs
Specialized is calling on its bike dealers and distributors to...
Specialized is calling on its bike dealers and distributors to send over damaged carbon bike frames of any brand to get them recycled, using a strategy already employed in the aerospace sector. The results of the program will be announced at the Eurobike and Interbike shows in Europe and the ...
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News briefs
Brooks, which enjoys a high market share in the Germany...
Brooks, which enjoys a high market share in the Germany and is developing its presence in other European countries, has released its first corporate responsibility report. The American brand of running shoes began auditing its contract factories about ten years ago, and the report shows some progress between 2009 and ...
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News briefs
Puma has withdrawn a range of shoes featuring the colors...
Puma has withdrawn a range of shoes featuring the colors of the flag of the United Arab Emirates, after an outcry from consumers who regarded the products as disrespectful. Puma apologized for the limited edition range, which was meant to celebrate the 40th anniversary of the UAE. The protesters apparently deemed ...
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News briefs
Columbia Sportswear is recalling rechargeable batteries that came with 220...
Columbia Sportswear is recalling rechargeable batteries that came with 220 of its Omni-Heat jackets because of the risk of them overheating. The defective batteries were sold with three styles of jackets between July and September: the Electric Wader Widgeon, Electric Big Game and Gale Warning Interchange styles. When the problem ...
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News briefs
Mizuno has signed a global framework agreement with the International...
Mizuno has signed a global framework agreement with the International Garment and Leather Workers Federation that includes the stipulation that the Japanese sporting goods company implement eight core labor conventions of the International Labor Organization. The federation said that Mizuno is the first Japanese in the sector to sign such ...
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News briefs
Cybex International continues to fight the court judgment ordering it...
Cybex International continues to fight the court judgment ordering it to pay tens of millions in a product liability lawsuit, Barnhard vs. Cybex International, in which a user of its equipment was seriously injured. The original judgment was reduced by just over 30 percent to $44 million by a New ...
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News briefs
Patagonia is calling on European and American customers alike to...
Patagonia is calling on European and American customers alike to adopt more intelligent and responsible patterns of consumption, in the framework of its “Common Threads” initiative. The central message of its new campaign is to invite consumers not to buy what they do not need. It makes suggestions around five ...
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News briefs
The North Face has set ambitious targets to increase the...
The North Face has set ambitious targets to increase the sustainability of its products and operations, as part of its first public sustainability report. The document takes stock of The North Face's progress in terms of sustainability in 2010 and sets objectives for the five years until 2015. Among others, ...