All Legal & Institutional articles – Page 44
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Gucci lost the latest round in a long-standing trademark dispute...
Gucci lost the latest round in a long-standing trademark dispute with Guess on May 2 when a court in Milan rejected all infringement claims brought by Gucci against the American brand. The Italian court ordered the cancellation of Gucci's diamond pattern, its G logo and “Flora” pattern trademarks, considering that ...
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The Indian government has lowered the import duty on machinery...
The Indian government has lowered the import duty on machinery for the manufacture of leather and leathergoods from 7.5 percent to 5 percent. The Indian Council of Leather Exports said the move is an important step in the modernization of the sector, facilitating its growth in the long term.
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Footwear Distributors & Retailers of America (FDRA) has launched a...
Footwear Distributors & Retailers of America (FDRA) has launched a series of webpages in Chinese for the benefit of the growing number of its factory members. A special page is intended to help Chinese factories to comply with footwear product safety guidelines and Chinese labor laws. Another page lists all ...
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Bernard Arnault, chairman and chief executive of LVMH, said...
Bernard Arnault, chairman and chief executive of LVMH, said that he has abandoned plans to take Belgian citizenship. In an interview with French daily Le Monde published on April 10, the wealthiest French citizen said that he did not want to be suspected of seeking fiscal exile and pledged to ...
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Two French personalities of the fashion industry have been decorated...
Two French personalities of the fashion industry have been decorated in France and the U.K. Pierre-Alexis Dumas, the artistic director of Hermès International, is a recipient of the Legion of Honor, the French order established by Napoleon Bonaparte in 1802. The names of the latest recipients of this tribute, over ...
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Turkey is now one of the biggest exporters of shoes...
Turkey is now one of the biggest exporters of shoes to Russia after China, Italy and Vietnam. According to the Turkish Footwear Industry Association, Russia continues to be an important market for exports of Turkish leather apparel, and the Turkish footwear industry has also obtained an increase in exports to the country over ...
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Four employees were killed and one was critically burnt when...
Four employees were killed and one was critically burnt when a major fire engulfed a shoe factory in Mangolpuri, in outer Delhi, in the early hours of March 12. Reportedly, the factory was being illegally run on the ground floor of a four-storey residence. Police said that a short-circuit in ...
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A Portuguese company that markets a line of shoes called...
A Portuguese company that markets a line of shoes called Chocolate Negro has won a case against a British company, itnk tm, that wanted to register a brand with the name Choocolate. The Portuguese firm, AS - Industria de Calçado, had registered the Chocolate Negro brand name through the European ...
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Two major U.S. footwear companies, Skechers and Deckers Outdoor Corporation,...
Two major U.S. footwear companies, Skechers and Deckers Outdoor Corporation, the owner of Ugg, Teva and other brands, are subject to a series of cases of alleged misconduct by a staff member of their auditing company, KPMG. Skechers has already announced that it no longer works with KPMG. The separation followed the ...
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An Italian bankruptcy court rejected last Feb. 28 the proposal...
An Italian bankruptcy court rejected last Feb. 28 the proposal made last October by Lones, the parent company of Fly Flot, for a settlement with its creditors, but officials of the company said the rejection was due to an inappropriate presentation of the preliminary proposal, which called for the reimbursement ...
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Thailand has started talks about a bilateral trade agreement with...
Thailand has started talks about a bilateral trade agreement with the European Union, similar to the one recently signed by the EU with South Korea and Singapore. Meanwhile, mirroring developments in China, some 10,000 migrant workers in Thailand have not returned to their jobs at the country's shoe factories and ...
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Footwear Distributors and Retailers of America (FDRA) has unveiled a...
Footwear Distributors and Retailers of America (FDRA) has unveiled a new website featuring a new design and innovative tools and resources to assist the industry's business intelligence and help improve company performance. The site, which is said to be specifically tailored to the footwear industry, includes a new Intel Center ...
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The board of directors of the American Apparel & Footwear...
The board of directors of the American Apparel & Footwear Association (AAFA) unanimously approved a new mission statement and strategic plan. One of the tenets of its mission statement – which is very similar to ours - is to provide members with valuable intelligence to make smart business decisions that ...
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An investigating magistrate has been appointed in France to look...
An investigating magistrate has been appointed in France to look into the conditions surrounding the stake that luxury group LVMH has built in Hermès International. LVMH took a 17.1 percent stake in Hermès in October 2010, and it subsequently rose to 22.6 percent. The move follows a preliminary investigation that ...
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Better Factories Cambodia (BFC), the monitoring and reporting scheme of...
Better Factories Cambodia (BFC), the monitoring and reporting scheme of the International Labor Organization (ILO), has created a new program to extend services to Cambodia's footwear sector. BFC is the first Better Work country program to expand into footwear. The move follows a pilot project to better understand conditions and ...
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Cambodian trade unions representing over 335,000 workers have rejected an...
Cambodian trade unions representing over 335,000 workers have rejected an 18 percent wage increase, equivalent to US$11 monthly, offered by apparel and footwear factories. Union groups reportedly called the offer too law to accept due to the rising cost of living in the country. The proposed raise would have brought ...
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W.L. Gore & Associates and Geox, the Italian footwear brand,...
W.L. Gore & Associates and Geox, the Italian footwear brand, have put an end to their disputes regarding Gore's Surround technology and have agreed on a settlement in the case. After Gore's introduction of Surround to the market in 2009, there have been legal quarrels between the two companies in ...
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Crocs has revealed that it is being investigated by federal...
Crocs has revealed that it is being investigated by federal authorities in the U.S. and Mexico in relation to its suspected failure to pay a total of $36.3 million worth of taxes and import duties during the 2006-10 period. The U.S. Customs & Border Protection agency is charging that Crocs ...
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According to the Swedish press, a Swedish court has ruled...
According to the Swedish press, a Swedish court has ruled that Mats Nilsson, chief executive and owner of Vagabond, is guilty of taking roughly SEK 3.8 million (€0.4m-$0.6m) in undeclared income during the 2005-09 period. The Swedish tax authorities accuse Nilsson of avoiding taxation by utilizing a complex setup of ...
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The Spanish Association of Footwear Components (AEC) has written to...
The Spanish Association of Footwear Components (AEC) has written to the country's central tax authority to complain about delays in refunds of the value added tax (VAT) to exporting companies. According to the association, some of its 600 member firms are owed a combined total of more than €6 million. ...
