News briefs – Page 16
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News briefs
Bangladesh’s garment manufacturers ask IMF for support to achieve export target
According to an article on the Indian news website Daily Sun, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appealed to the International Monetary Fund (IMF) for support to achieve the country’s garment industry’s strategic vision of reaching $100 billion worth of garment exports by 2030. BGMEA president Faruque ...
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News briefs
Assosport launches its Sport Market Observatory
Assosport, the Italian sporting goods industry association, has launched the Sport Market Observatory, a project to collect data, by product category and geographical area, on the sell-in Italian market. The project is a collaboration with the owners and managers of companies in the winter sports sector, including Atomic-Salomon, Head, Rossignol-Lange, ...
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News briefsJD Sports reportedly bows to CMA, talking to potential Footasylum buyer
U.K.-based JD Sports Fashion was in exclusive talks to sell Footasylum to German private equity investor Aurelius Group, a Sky News reporter said Wednesday in a tweet followed by an article on the Sky website. The negotiations are the result of a months-long dispute with the U.K.’s Competition and Markets ...
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News briefs
Amazon files suit to stop fake reviews on Facebook
Amazon has filed suit against the administrators of some 10,000 Facebook groups, alleging that “in exchange for money or free products” they “attempt to orchestrate fake reviews” on Amazon’s sites in the U.S., the U.K., Germany, France, Italy, Spain and Japan. The e-tailer says it will use any information gleaned ...
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News briefsCrocs obtains long-sought verdict against sale of counterfeit shoes
Crocs has announced a judgment against USA Dawgs and Double Diamond Distribution stemming from the sale of counterfeit Crocs shoes by the two companies. In the case, Crocs also obtained damages of $6 million and $55,000, respectively, against the companies. The case is the culmination of years of litigation between ...
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News briefsRottefella wins patent lawsuit
According to a LinkedIn post by Rottefella, the company, together with Madhus, won a patent lawsuit against Amer Sports and its Salomon and Atomic brands at the Oslo District Court. The lawsuit involved patent rights for detachable bindings for cross-country skis and a solution for easy adjustment and installation of ...
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News briefs
Superdry designer receives compensation after age discrimination claims
Designer and knitwear expert Rachel Sunderland has received £96,208 (€112,207) in compensation from her former employer in the U.K., Superdry, after winning a claim for unfair dismissal and age discrimination. The company had refused to promote her because it thought she was “too old to quit.” She was reportedly considered ...
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News briefsDouble-digit sales growth for sporting goods in Spain
Sales of sporting goods in Spain (sell-out) grew by 11 percent in 2021 compared to 2020 and reached €8.58 million, according to a report elaborated by Sportpanel for the Spanish trade association Afydad. The increase was primarily driven by the bicycle sector, which registered a 10.8 percent increase versus 2020 ...
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News briefsEU and New Zealand agree on free trade agreement
The European Union and New Zealand have agreed on a joint Free Trade Agreement (FTA). According to estimates, trade could increase by around 30 percent. The EU is currently already New Zealand’s third-largest trading partner. In addition to consumers and trading companies, agriculture is also expected to benefit. “Our EU-NZ ...
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News briefs
Qatar will host World Padel Championship for second year in a row
The World Padel Championship this year for both men and women will once again be held in Qatar. In 2021, the country hosted the Middle East and Asia’s first padel world championship after it was held in Europe and Latin America. The venue for the 2022 event will once again ...
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News briefsAfydad enlists new directors
On June 21, in presenting its report on the Spanish sporting goods market for 2021 at Barcelona’s Museu Olímpic i de l’Esport, the Spanish Sport Association (Afydad) announced its new slate of directors. Andrés de la Dehesa, founder and CEO of Sportmas, was elected president for the second time three ...
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News briefsParis 2024 combines art and sport in its Cultural Olympiad
The Paris 2024 Organising Committee has launched its Cultural Olympiad, a program in which art and sport enrich each other and interact with the Paris 2024 Games. The Cultural Olympiad explores the connections between art and athletics and the values they share of excellence, inclusion, cultural diversity and universalism, among ...
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News briefs
Milano Cortina 2026 announced as the most gender-balanced Olympic Winter Games of all time
Four new women’s events have been added to the Olympic Winter Games Milano Cortina 2026, leading to a record number of women’s events. There will be 50 women’s events, up from 46 in Beijing in 2022. With 1,362 women competing, namely 47 percent of participants, Milano Cortina 2026 is set ...
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News briefsCanadian First Nations get closer to host 2030 Winter Olympics and Paralympics in BC
The Canadian Squamish, Lil’wat, Musqueam and Tsleil-Wautuuh Indigenous tribes (who have premiered the Four Host Nations licensing program at the Winter Olympics in Vancouver in 2010) have again partnered for a big project: to develop a concept to host the 2030 Winter Olympics and Paralympics in British Columbia, where the ...
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News briefsCEO of Intersport Germany expected to become new head of German Retail Association (HDE)
Source: HDE Alexander von Preen After Josef Sanktjohanser, president of the German Retail Association (HDE), announced that he would not be available for re-election after 16 years, the executive board of the federation has unanimously recommended Dr. Alexander von Preen, CEO of Intersport Germany eG, to the ...
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News briefs
Adidas sues Nike over technology infringements
After Nike last sued Adidas in December 2021 over its Flyknit knitted upper technology, claiming that a total of 49 Adidas shoe models infringed its technology, the German sporting goods company is now accusing the American company in federal court in Texas of “knowingly and intentionally” infringing nine patents related ...
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News briefs
Amazon seized more than 3 million counterfeit products in 2021
In 2021, Amazon identified, seized and disposed of more than 3 million counterfeit products, according to the second Amazon Brand Protection Report. This figure compares to around 2 million counterfeit products seized in 2020. In addition, Amazon stopped more than 2.5 million attempts to create new selling accounts by bad ...
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News briefsNew Balance sues Steve Madden for alleged copyright infringement
New Balance Athletics has filed a design patent, trademark infringement, and unfair competition case, claiming that Steve Madden deliberately copied its 327 sneaker model with the launch of the “Chasen” shoe model. The complaint was filed in a Massachusetts District Court on June 7. New Balance introduced the 327 design ...
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News briefs
France to extend the beneficiaries of the Pass’Sport
France will extend the so-called Pass’Sport, currently available to around 800,000 youngsters, to more than 5 million potential beneficiaries. The announcement was made by French President Emmanuel Macron during a speech in Clichy-sous-Bois, near Paris, on June 8. Launched in May 2021, the Pass’Sport is a €50 subsidy that aims ...
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News briefs
Norwegian authorities ask retailers to disclose microplastic emissions of garments in Norway
Citing a little-known Norwegian law, Norwegian citizen and activist Axel Klanderud has called on authorities to force retail companies Anton Sport and Intersport (both part of Sport Holding AS) to be transparent about the microplastic emissions generated by the sale of their products in the country. The following verdict was ...
