All Legal & Institutional articles – Page 22
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News briefs
The federations of independent clothing and footwear retailers in France...
The federations of independent clothing and footwear retailers in France have announced that they will start discussing a possible merger in September. Run by Jean-François Bessec, the shoe retailers' federation, FDCF, asked the French government in March for ten measures intended to support their businesses in these difficult times.
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Article
Global footwear trade continues to rise
Exports and imports of footwear continued to grow for the second consecutive year in 2018, reaching an all-time record of $142 billion in terms of value, with an increase of 4.3 percent from the previous year. However, they were up by only 0.8 percent in terms of volume and still ...
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Article
The German shoe market declines in volume
According to a study conducted by the Institute for Retail Research (IFH) in Cologne together with the BBE, the German consultancy for the retail industry, the German shoe market did not increase in volume from 2017 to 2018.The volume had increased each year since 2012 by an average of 0.7 ...
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Short stops
An American creative agency called OffWhite Co. has launched a...
An American creative agency called OffWhite Co. has launched a trademark infringement suit against Off-White, the agency created in 2012 by Virgil Abloh
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News briefs
Andrea Tomat, president of Lotto Sport Italia and Stonefly, has...
Andrea Tomat, president of Lotto Sport Italia and Stonefly, has settled a legal dispute with Gianni Lorenzato, a former shareholder and vice president of Lotto. Lorenzato has agreed to sell his remaining stake of 24 percent in a holding company, NexTB, to Tomat on undisclosed terms. Tomat will thus be ...
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Article
Attendance keeps steady at Expo Riva Schuh
The 92nd edition of Expo Riva Schuh, held June 15-18, attracted more than 12,000 visitors from 111 countries, largely in line with the score a year ago and with organizers' expectations. The trade show had 1,462 exhibitors, of which 266 were Italian and the rest foreign, the largest delegation being ...
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News briefs
The family-owned Kienast Group has won a bidding race for...
The family-owned Kienast Group has won a bidding race for a strategic investment in the insolvent Schuhpark Fascies chain of shoe shops in Germany. On June 30, the district court of Münster repealed the chain's bankruptcy proceeding, and the creditors of Schuhpark Fascies have now approved the investment from Kienast. As part of ...
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Article
Dangerous smuggled shoes are sold in Ukraine
All the footwear sold in the stores of a Ukrainian retailer, Konfiscat Obuv, could be dangerous to the health of customers, said the Ukraine shoe industry association, Ukrkozhobuvprom, in a public statement, drawing public attention to a serious smuggling problem in the country.According to the association, this company has been ...
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Article
Détente on the international trade front
Three moves on the international trade front that have taken place in the last few days have given the shoe industry and the world economy positive signals in the direction of free trade.While the U.S. decided not to go ahead with a new set of punitive tariffs on imports from ...
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Article
The EU reaches a trade pact with Mercosur
Twenty years after the start of negotiations, the European Union concluded on June 28 a trade agreement with Mercosur. While indicating that it may take two years for the deal to be formalized, the European Commission noted that the EU is the first major partner to strike a trade pact ...
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News briefs
HDS/L, the German shoe and leathergoods industry association, and a...
HDS/L, the German shoe and leathergoods industry association, and a German trade union, IG BCE, concluded last month a new collective labor agreement, valid until 2025, for the German footwear industry. In September 2016, IG BCE had terminated all collective agreements as well as wage and salary agreements for the ...
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Article
Weak exports from Bangladesh’s leather industry
Bangladesh's leather industry recorded an 8.7 percent decline in its export revenues to $837 million for the ten months ended on April 30. This was well short of the turnover needed to meet the government's target of $1.1 billion for the fiscal year ending July 31.According to the Bangladesh Tanners' ...
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Article
Brazilian footwear is benefiting from the trade war with China
Things seem to be looking up for Brazilian footwear. From January to April of this year, the industry exported 44.16 million pairs valued at $343.8 million, a 9.4 percent increase in pairs combined with a 0.1 percent decrease in dollars. The chief importer was the U.S., which has been purchasing ...
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Article
President Trump’s special diplomacy shakes up the footwear market
American shoemakers are reassessing their sourcing strategies while U.S. President Donald Trump continues to play hardball with the Chinese government, threatening to raise import duties by a further 25 percent on a number products, including footwear, by Aug. 1. If that happens, duties paid on shoe imports into the U.S. ...
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Article
U.S. removes India and Turkey from GSP trade program
The U.S. government has pulled India and Turkey out of its Generalized System of Preferences (GSP) scheme, which allows thousands of products to be imported into the U.S. without duties. The U.S. is currently reviewing GSP benefits for Indonesia and Thailand.GSP eligibility ended on June 5 for India and on ...
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News briefs
Deckers Brands has been awarded damages of $450,000 by a...
Deckers Brands has been awarded damages of $450,000 by a Chicago District Court in a three-year-old lawsuit against an Australian company, called Australian Leather, which has been using the Ugg trade name, claiming that it is a generic reference to a certain type of Australian boots. The court found that ...
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Short stops
Louis Vuitton is accusing Belle International with imitating the design...
Louis Vuitton is accusing Belle International with imitating the design of one of its sneakers
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News briefs
Italy's powerful shoe industry association, Assocalzaturifici, designated Siro Badon as...
Italy's powerful shoe industry association, Assocalzaturifici, designated Siro Badon as its new president for the next four years at a meeting after last month's World Footwear Congress in Naples. He was the only candidate for the job, replacing Annarita Pilotti of Loriblu from the Marche region. Badon is the president ...
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News briefs
Kering reached a settlement with the Italian tax authorities totaling...
Kering reached a settlement with the Italian tax authorities totaling €1.25 billion, the highest ever agreed by a corporation in Italy and a little lower than what had been expected. The dispute concerned profits and transfer prices applied between 2011 and 2017 by the group's Swiss subsidiary, Luxury Goods International, ...
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News briefs
Régis Feuillet has been elected as the new president of...
Régis Feuillet has been elected as the new president of the French Shoe Industry Federation (FFC), replacing Claude-Eric Paquin. He is the managing director of Richard Pontvert, the French company that manufactures and sells the Paraboot line of shoes, using its own recently modernized factory in France. He joined the ...
