News briefs – Page 8
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News briefsPuma extends its partnership with the Egypt Football Association
Puma and the Egypt Football Association have announced a long-term partnership extension, which has existed since 2019. Puma will continue to supply bespoke kits for the men’s, women’s and youth teams. Under the new terms, Puma will also become the Egyptian League’s ball sponsor. With seven wins at the Africa ...
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News briefsXXL facing NOK 140 million tax bill
XXL ASA has received a reassessment from the Norwegian tax authorities relating to the group’s international transfer pricing model, leaving it owing nearly NOK 140 million. In its reassessment, the Norwegian tax authorities have increased the taxable income of XXL Sport and Villmark AS for 2015–2018, resulting in additional tax ...
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News briefsPickleball getting organized in Europe
The pickleball bodies of 25 countries have come together to found the European Pickleball Federation (EPF), a non-profit organization with headquarters in Luxembourg (application pending for listing on the commercial register) and an open invitation to join for other national pickleball bodies. The EPF will promote the sport and organize ...
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News briefsIOC and WIPO collaborate on IP use in sports
The International Olympic Committee (IOC) and the World Intellectual Property Organisation (WIPO) are partnering in the area of sport-related intellectual property (IP) rights. The two organizations have signed a framework cooperation agreement to promote the use and management of IP in sports and establish a legal framework for collaboration. The ...
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News briefsU.S. Senator opens investigation into PGA Tour merger
The PGA Tour, DP World Tour and Saudi-backed Public Investment Fund (PIF) announced on June 6 an agreement “to unify the game of golf on a global basis,” as we reported earlier. Connecticut Senator Richard Blumenthal has now opened an inquiry into the merger in his capacity as chairman of ...
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News briefsCourt ends insolvency proceedings of Galeria Karstadt Kaufhof
By order of a German district court, the insolvency proceedings of the Galeria Karstadt Kaufhof (GKK) department store group will come to an end at the close of May 31. This makes legally binding the insolvency plan for the department store chain, which was approved by the creditors’ meeting of ...
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News briefsAdidas may have to pay West $75 million
The Yeezy nightmare seems to be far from over for Adidas. According to Bloomberg, a federal judge in Manhattan denied Adidas’ request for an emergency order to refreeze $75 million that Kanye West would have been entitled to receive for marketing the Yeezy brand. The payment freeze was originally imposed ...
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News briefsUnion Sport & Cycle with new event about innovation
Union Sport & Cycle (USC), the French sporting goods and cycling industry association, has announced the launch of NEXTGEN by USC, a new event for sports industry players focusing on innovation and the social impact of sports. The event’s inaugural edition will take place on June 19-20 at the Maison ...
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News briefsNFL expands its Global Markets Program to new European markets
The National Football League (NFL) has announced the growth of its Global Markets Program, with new markets and new clubs set to participate in 2023. Twenty-one clubs will now participate in the program in 2023 across 14 international markets, up from 19 participating clubs in ten countries in 2022. The ...
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News briefsFIFA and WHO extend collaboration
FIFA and the World Health Organization (WHO) have agreed to extend their collaboration to promote health through football worldwide. FIFA president Gianni Infantino and WHO director-general Tedros Adhanom Ghebreyesus signed a four-year extension to the Memorandum of Understanding, which has been in place since 2019, during the 76th World Health ...
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News briefsNew FIS Games in 2028
The International Ski and Snowboard Federation (FIS) has announced the upcoming creation of a new competition of an unprecedented size among snow sports events. The new FIS Games, taking place over 16 days, will represent the full range of snow sports talent from both Olympic and Non-Olympic sports, including para ...
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News briefsMeta receives record fine and must stop exporting Facebook’s EU user data
Meta (formerly Facebook) has been hit with a formal suspension order requiring it to stop exporting user data from the European Union to the U.S. for processing. The European Data Protection Board (EDPB) announced on May 22 that Meta Platforms Ireland Limited has been fined €1.2 billion by the Irish ...
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News briefsNike allegedly misclassified independent contractors in several countries
According to The Guardian and documents obtained by the newspaper, Nike could face a fine of more than $530 million for misclassifying independent contractors. The Guardian reported Friday that the documents reveal the misclassification, which could expose the footwear maker to a fine or even a lawsuit. The sporting goods ...
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News briefsKanye West files trademark for “YZY sock shoes”
Kanye West has filed an application for “YZY sock shoes” via its holding company, Mascott Holdings, TMZ has first reported. Mascotte Holdings, Inc. was formed in June 2004 by West and agent Andre Bodiford. The new trademark application, filed on May 4 to the United States Patent and Trademark ...
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News briefsNike accused of greenwashing in the US
Plaintiff Maria Guadalupe Ellis of Missouri is suing Nike in a proposed class action lawsuit in federal court on behalf of consumers who she alleges were misled by labels when purchasing Nike’s “Sustainability” collection, leading them to believe the clothing is environmentally friendly when it is actually not. Nike claims ...
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News briefsAustrian Under Armour distributor files for bankruptcy
Austria’s Kronen Zeitung reported that the Upper Austrian sporting goods wholesaler BMM Sports GmbH filed for bankruptcy on May 8. The Linz-based company, which most recently held the general distribution for Under Armour in Austria, Hungary, the Czech Republic, Croatia, Slovenia and Slovakia, is facing a debt of €16 million, ...
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News briefsReebok files trademark lawsuit against Autry
Reebok, owned by Authentic Brands Group, has filed a lawsuit against Autry USA LLC and Autry International S.r.l accusing them of “aggressively marketing and selling blatant knockoff versions of Reebok shoes” and infringing its trademark rights in the process. The case (No. 1:2023cv10966) was filed in US District Court for ...
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News briefsOlympic rings return to the stadium that staged the first Games of the modern era
Source: © Dmitry Limonov on Unsplash Panathenaic Stadium The giant Olympic rings that symbolize the Olympic Movement have returned to the stadium in Athens that hosted the first Olympic Games of the modern era in 1896. The rings have been installed once again at the Panathenaic (or ...
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News briefsWorld Athletics and the WFSGI to deepen collaboration
The World Athletics and the World Federation of Sporting Goods Industry (WFSGI) have signed a Memorandum of Understanding (MoU) to continue and strengthen their collaboration. (L) Sylvia Barlag, World Athletics Council Member and Co-Chair of the Shoe Working Group and (R) Robbert de Kock, President and CEO of ...
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News briefsUnder Armour wins trademark lawsuit
Under Armour has won a trademark infringement lawsuit against Aditya Birla Fashion and Retail Ltd. Under Armour filed the lawsuit after it came across the defendant using the logo “Street Armor” on sports apparel. The Delhi High Court ruled that logos and motifs used by Aditya Birla Fashion and Retail ...
