News briefs – Page 52
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News briefs
The Labour Advisory Committee appointed by the government of Cambodia...
The Labour Advisory Committee appointed by the government of Cambodia has decided to raise the minimum monthly wage for workers in the country's textile, apparel and footwear sectors by 28 percent from the start of next year. The new minimum wage of $128 is a compromise between a the labor ...
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News briefs
Sports Direct is expected to provide more information about its...
Sports Direct is expected to provide more information about its “zero-hours contracts” after settling a legal battle with an employee, Zahera Gabriel-Abraham, who complained about sex discrimination, unfair treatment and breach of holiday rights. The British retailer said the settlement did not imply an admission of liability. However, Sports Direct ...
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News briefs
The Norwegian sporting goods industry association, Sportsbransjen, is concerned about...
The Norwegian sporting goods industry association, Sportsbransjen, is concerned about a proposal by the Norwegian government in the state budget to raise the VAT limit for purchases on international websites from 200 Norwegian kroner to NOK 500 (€59-$75). Sportsbransjen and many others in the Norwegian retail community have warned repeatedly ...
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News briefs
Assosport is taking issue with a ban imposed by the...
Assosport is taking issue with a ban imposed by the International Ski Federation (FIS) on the use by ski professionals in its competitions of innovative products such as the airbag developed by Dainese or the ABS helmet of Briko. The reasons are apparently the fact that only the athletes sponsored ...
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News briefs
The World Federation of the Sporting Goods Industry has appointed...
The World Federation of the Sporting Goods Industry has appointed Mandy Ayres as chairperson of its Physical Activity Committee, taking the place of Lisa MacCallum. Based in London, Ayers is senior director of Access to Sport at Nike Europe. MacCallum recently stepped down as vice president of the same division. ...
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News briefs
The Australian Competition and Consumer Commission has issued a fine...
The Australian Competition and Consumer Commission has issued a fine of 350,000 Australian dollars (€244,909-$306,204) against Reebok, charging the brand with false and misleading representations about the benefits of its EasyTone range of shoes. It has also ordered the brand to refund customers A$35 (€24.49-$30.64) for each pair of EasyTone ...
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News briefs
GoPro is considering legal action against a French journalist, Jean-Louis...
GoPro is considering legal action against a French journalist, Jean-Louis Moncet, who quoted the son of Michael Schumacher during a radio broadcast as saying that the head injury his father suffered in a ski accident in the Alps last December was aggravated by a GoPro action camera mounted on the ...
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News briefs
There was a 7.4 percent increase to $87.60 billion in...
There was a 7.4 percent increase to $87.60 billion in the sales of the major sporting goods retailers around the world in 2014. These figures were reported in our Global Retail Chart on page 3 of the last issue of Sporting Goods Intelligence Europe but this was not accurately reflected ...
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News briefs
Chinese sporting goods suppliers were encouraged by a new national...
Chinese sporting goods suppliers were encouraged by a new national plan that aims to strongly stimulate the country's sports industry at large. The State Council was quoted as saying that it wanted to raise the value of the industry to 5 trillion yuan (€645bn-$820bn) by 2025. It would then reach about ...
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News briefs
USA Swimming has suspended Michael Phelps from competitions until April...
USA Swimming has suspended Michael Phelps from competitions until April 6, 2016. The winner of 22 Olympic medals will no longer get his monthly stipend and will be banned from representing the U.S. at the FINA World Swimming Championships in August 2015. The reason for the measure is his arrest ...
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News briefs
Almost 6,500 pairs of counterfeit Nike and Converse sports shoes...
Almost 6,500 pairs of counterfeit Nike and Converse sports shoes were seized at the Puces de Saint-Ouen flea market, in the north of Paris, at the beginning of October. In addition to the 6,270 pairs of fake Nike and 150 pairs of fake Converse the police, accompanied by two employees ...
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News briefs
Shimano has signed an agreement with the European Cyclists' Federation...
Shimano has signed an agreement with the European Cyclists' Federation (ECF) to join the ECF Cycling Industry Club. Shimano has become the fifth company to sign up to the Club since Eurobike. The Cycling Industry Club was founded at Eurobike in 2011 to improve cycling advocacy. It now has more ...
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News briefs
The French sporting goods industry federation, Fifas, and the French...
The French sporting goods industry federation, Fifas, and the French Cycling Council have appointed a new executive director, Virgile Caillet, to take the place of Catherine Trachtenberg who has held the job for 11 years. She will leave at the end of this year to ensure a smooth transition. The ...
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News briefs
Investors who bought shares in GoPro after it went public...
Investors who bought shares in GoPro after it went public in June are questioning the release by J.P. Morgan of 5.82 million shares from a lock-up restriction. The shares have been gifted by the action camera maker's founders, Nicholas and Jill Woodmann, to a charitable foundation with effect from Oct. ...
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News briefs
The Federation of the European Sporting Goods Industry (Fesi) is...
The Federation of the European Sporting Goods Industry (Fesi) is going to ask the European Union and the member governments to help fund national programs to encourage youth to practice sports along the lines of “Dote in Movimento,”a project that has been successfully led by the Italian sporting goods industry ...
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News briefs
Ultrasonic, a Chinese company quoted on the Frankfurt Stock Exchange...
Ultrasonic, a Chinese company quoted on the Frankfurt Stock Exchange that makes sandals, slippers and shoe soles for Anta Sports Products and Xtep and runs 110 stores in China, is without its top managers, who have reportedly left the company with a lot of company money. The two managers, Quingyong ...
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News briefs
After 260 years of exclusion, women will be allowed to...
After 260 years of exclusion, women will be allowed to join the Royal and Ancient Golf Club of St Andrews in Scotland after an overwhelming members' vote on Sept. 18 opened the doors to the famous St Andrews clubhouse. Helen Grant, Britain's Minister for Sport, was among the first to ...
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News briefs
Crocs has been sued by U.S.A. Dawgs, a family-owned company...
Crocs has been sued by U.S.A. Dawgs, a family-owned company in Las Vegas that has been making clogs with EVA soles since 2006. Requesting a jury trial on the issue, the anti-trust complaint alleges that Crocs has been misleading consumers for more than a decade into believing that its “Croslite” ...
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News briefs
The trial of Chris Ronnie, former chief executive of the...
The trial of Chris Ronnie, former chief executive of the new defunct JJB Sports chain, was set to begin this week at Southwark Crown Court in London. He is charged with a £1 million fraud. A former supplier of JJB and a business partner of Ronnie are also charged in ...
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News briefs
The European Commission has sent out a formal letter to...
The European Commission has sent out a formal letter to Slovenia's Ministry of Finance regarding the recovery of €10 million in state aid given to Elan. The letter is apparently requesting an urgent update on the steps that the Slovenian government is taking to obtain the reimbursement of the alleged ...
