All Legal & Institutional articles – Page 8
-
News briefs
Sequential settles with the SEC
The U.S. Securities & Exchange Commission (SEC) has reached a settlement with the bankrupt Sequential Brands Group, ending a pending civil suit against the American licensing company. Based on its reported assets and liabilities in the bankruptcy case, Sequential will have to pay no penalties. The SEC had accused Sequential ...
-
News briefs
Amazon fined €1.129bn in Italy
The Italian fair trade agency, AGCM, has fined U.S. online retailer Amazon €1.129 billion for abuse of dominant position in order fulfilment. The regulator fined the companies Amazon Europe Core, Amazon Services Europe, Amazon EU, Amazon Italia Services and Amazon Italia Logistica. It noted that Amazon has a position of ...
-
News briefs
Bavarian footwear retailers exempted from new Covid restrictions
Shoe retailers in Bavaria will not have to apply harsher Covid-19 restrictions rolled out in the whole of Germany for stores selling non-essential goods. According to a decision by Bavaria’s regional government, footwear retailers, along with other trades such as food stores, pharmacies, medical supply stores, opticians, bookstores, gas stations, ...
-
ArticleClarks 2-month strike over
The troubled British footwear company Clarks has reached an agreement with about 100 workers to end a two-month strike at its distribution centre in Somerset. The deal with the Community trade union, which follows mediation with the U.K.’s Advisory, Conciliation and Arbitration Service (Acas), is understood to protect hourly pay ...
-
News briefs
Nike settles with Skechers
Nike and Skechers have reached a settlement at undisclosed conditions of their long-standing legal battle, putting an end to three intellectual property lawsuits after the mediation of a judge for the Central District of California. The dispute started in January 2016, when Nike accused Skechers of using design elements of ...
-
News briefs
French lower house clears counterfeiting bill
The French lower house of parliament approved on Nov. 25 a bill proposing to harshen legislation against counterfeiting. The bill was presented by two members of the house of deputies, Pierre-Yves Bournazel and Christophe Blanchet, who are part of the government coalition. However, the outcome of the bill remains uncertain ...
-
News briefs
Germany does not rule out a new lockdown
The German government cannot rule out any measure, including a lockdown, to stem the diffusion of the Covid-19 pandemic as the number of cases increase nationwide, the health minister, Jens Spahn, told the radio broadcaster Dlf. “In some states the situation is really dramatic,” he said. “We cannot rule out ...
-
News briefs
Austria reintroduces a general lockdown from Nov. 22
The Austrian government announced a general lockdown starting Nov. 22 and lasting for three weeks, amid a resurgence of Covid-19 cases in the country and increasing pressure on intensive care units. It is the first European Union country to reimpose a lockdown. “Despite months of persuasion, we haven’t succeeded in ...
-
ArticleEU proposes new rules to fight deforestation, promote circular economy
The European Commission has adopted three new initiatives proposing rules to curb deforestation, to facilitate intra-EU waste shipments to promote circular economy and tackle the export of waste to third countries. From 1990 to 2020 the world has lost 420 million hectares of forest, an area larger than the European ...
-
News briefs
Mime et moi is up for sale
In order to relaunch the Munich-based brand Mime et moi, the administrator Axel Bierbach from the law firm Müller-Heydenreich Bierbach & Kollegen (Munich) has launched a procedure to find an investor who can inject fresh capital into the start-up in order to guarantee the continuation of its activities and save ...
-
News briefs
U.K. anti-trust authority again blocks the JD Sports-Footasylum merger
The U.K.’s Competition and Markets Authority (CMA) issued a new verdict on Nov. 4 confirming its conclusion that JD Sports Fashion must divest Footasylum, the chain of sports fashion stores that it bought in May 2019, as it has resulted, or may be expected to result, in “a substantial lessening ...
-
News briefs
Boohoo agrees preliminary terms of U.S. class action lawsuit
The British fast-fashion retailer Boohoo has agreed to terms of a preliminary settlement with parties that brought a U.S. class action claim alleging its promotions in California misled shoppers. The company said the preliminary settlement will be covered in full by its existing claims provisions, which stood at £19.1 million ...
-
News briefs
U.K. retailers call for human rights law to protect supply factory workers
More than 35 retailers, manufacturers and investors including Primark and Asos have demanded the British government make human rights and environmental checks on their global supply chains mandatory by law. In a letter, the group said the Covid-19 crisis highlighted the “fragility of global supply chains” and the vulnerabilities faced ...
-
ArticleEurope, U.S. reach a deal defusing their trade dispute
The U.K., France, Italy, Spain, Austria and the U.S. have reached an agreement under which the European countries will drop their national digital services taxes as they prepare to implement a new global corporate tax defined through the Organisation for Economic Co-operation and Development (OECD). A two-year transition period for ...
-
ArticleSpanish shoemakers expect to emerge from Covid-19 crisis by 2022
The Spanish footwear industry suffered severely from the outbreak of the Covid-19 pandemic in 2020 but has since enjoyed a 35 percent rebound in production during the first half of 2021. In an interview with Shoe Intelligence, Imanol Martínez, the marketing & international business development director of the Spanish footwear ...
-
News briefs
Adidas loses appeal about H&M’s two stripes
Ending a trademark dispute that began in 1997, the Dutch Supreme Court has dismissed an appeal by Adidas against a lower court’s ruling that a two-stripe logo used by Hennes & Mauritz did not infringe on its iconic Three Stripes. A key factor in H&M’s success was a market research ...
-
ArticleILO adopts code of practice for shoe and apparel manufacturing
To provide a practical basis for employers, workers and governments to work together to advance an occupational safety and health (OSH) prevention culture in the textile, clothing, leather and footwear manufacturing sector, the International Labour Organization (ILO) has worked out its first code of practice on safety and health for ...
-
News briefs
Court sets an Oct. 28 deadline to bid for Sequential’s brands
The auction being supervised by U.S. Bankruptcy Court for the District of Delaware for the bankrupt Sequential Brands Group is set to start next month. Interested parties have been given a deadline of Oct. 28 to submit bids for any of its assets to be added to those already filed ...
-
News briefs
New Balance faces new complaint over its made in USA label
A consumer advocacy organization, truthinadvertising.org, has filed a complaint with the U.S. Federal Trade Commission (FTC), asking it to investigate the validity of New Balance’s “made in USA” label, which it uses in at least a dozen models of footwear. According to the complaint, NB claims “a domestic value of ...
-
News briefs
Covid-vaccinated Europeans to enter France freely from June 9
Europeans vaccinated against Covid-19 will be able to enter France without a PCR test from June 9, said the Transport Minister Jean-Baptiste Djebbari . From June 9 “vaccinated Europeans can come to France without a PCR test,” he said in an interview with the television CNEWS . ...
