All Legal & Institutional articles – Page 9
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News briefs
H&M sues Shein in Hong Kong
H&M is sueing the Singapore-based fast-fashion retailer Shein in Hong Kong for alleged copyright infringement. An H&M spokesperson told the news agency AFP that “in multiple cases” Shein infringed on the designs of the Swedish fashion retailer. The lawsuit also involves Zoetop Business, the Hong Kong-based entity that previously owned ...
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Amazon’s remedies to Marketplace satisfy the U.K.'s watchdog
The Competition and Markets Authority (CMA), the British competition watchdog, said the offer from Amazon to change the way it treats third-party sellers using its Marketplace platform in the U.K. addressed its competition concerns. “The CMA’s preliminary view is that the offer from Amazon addresses its competition concerns and the ...
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ArticleGörtz’s insolvency proceedings are over, CK Technology is the new owner
A long period of uncertainty may have come to an end for the Hamburg-based shoe retailer Görtz with the completion of insolvency proceedings and a new owner. According to the Frankfurter Allgemeine Zeitung newspaper, the district court of Hamburg has declared that all proceedings were over, with all debts registered ...
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Crocs sues former employee over company secrets
Crocs has sued former executive Kellen McCarvel and his company Joybees in a Colorado district court. The company alleges McCarvel left Crocs with several thousand highly confidential trade secrets that he downloaded onto a personal thumb drive and then used to build a competing shoe company. Some of the documents ...
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News briefs
Deerberg files for bankruptcy
The women’s fashion company Deerberg, which operates in Germany, Austria and Switzerland, has filed for bankruptcy. The clothing, footwear and textiles direct-to-consumer brand applied for the opening of insolvency proceedings at the district court of Uelzen, in the northeastern Lower Saxony region of Germany as soaring inflation and the ...
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News briefs
France extends clearance period to Aug. 1
The end-of-season clearance period for French retailers will be extended by a week to Aug. 1 from July 25 to help the sector that has been affected by recent violent unrest, the government announced. The clearance period started on June 28. “We will extend the clearance period to August 1,” ...
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News briefs
Assocalzaturifici’s youth section picks a new president
Federica De Pascale is the new president of the Young Entrepreneurs of Assocalzaturifici, the trade association group Italian shoemakers. Born in 1999, she takes over from Elisa Lanciotti and will remain in office for the four-year term ending in 2027. Currently enrolled in the Economics and Business School of the ...
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News briefs
India’s DPIIT approves a footwear cluster near Mumbai
India’s Department for Promotion of Industry and Internal Trade (DPIIT), which is under the authority of the Ministry of Commerce and Industry, has approved in principle the creation of a leather footwear and accessories cluster park covering 151 acres in Ratwad in Maharashtra’s Raigad district. The project is part ...
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Zalando challenges the EU on its designation as a VLOP
Zalando said that on June 27 it filed a legal challenge with the Court of Justice of the European Union (CJEU), contesting its designation by the European Commission, under article 33 of the Digital Services Act (DSA), as a “Very Large Online Platform” (VLOP) because it has more than 45 ...
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Skechers sues Steve Madden for alleged trademark violation
Skechers sued fashion company Steve Madden in a Los Angeles federal court on June 20, claiming that the “S” logo in Steve Madden’s Kennie line of sneakers violates its trademark rights. According to the lawsuit, No. 2:23-cv-04869 filed with U.S. District Court for the Central District of California, Skechers claims ...
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News briefs
Fallen Footwear sues LIV for alleged trademark infringement
Fallen Footwear, a U.S. skateboarding shoe brand, filed a trademark infringement lawsuit against LIV Golf Inc. and Hy flyers GC, collectively referred to as LIV. The lawsuit alleges that LIV’s use of a mark that is nearly identical to Fallen’s registered trademark “Insignia” logo in connection with their apparel ...
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ArticleIndia to introduce new quality standards for footwear from July 1
The Indian government has decided to go ahead with plans to introduce from July 1 new mandatory quality standards for footwear. However, companies with annual revenues of less than 500 million rupee will only have to adapt from Jan. 1, 2024, while shoemakers with annual sales of less than INR ...
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ArticleRockport files for bankruptcy again
Forty years after introducing DresSports, considered the first classic dress shoe with a rubber sole, The Rockport Company filed for Chapter 11 bankruptcy protection on June 15 for the second time in five years. The petition lists some $99.71 million in funded debt obligations and more than $63.1 million ...
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Clergerie’s future owner to be chosen on June 14
A Paris-based commercial court is scheduled to decide on June 14 who will take over Maison Clergerie. The French maker of luxury footwear was placed into receivership on March 29 after failing to reach an arrangement between shareholders and creditors. The company, which is based in Romans-sur-Isère in the Drôme ...
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News briefs
Kanye 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 Office ...
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ArticleAllbirds faces class action for alleged false and misleading information
On April 14, Bernstein Liebhard, a U.S. law firm specializing in securities litigation and corporate governance, said that a securities class action lawsuit has been filed on behalf of investors who purchased Allbirds’ shares. The lawsuit was filed in the United States District Court for the Northern District ...
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ArticleKazakh shoe prices set to rise due to mandatory labeling
Mandatory origin labeling of shoes came into force in Kazakhstan on April 1, despite criticisms by small retailers. Market players had urged the authorities to delay the reform, which has already been postponed for almost a year, or to make the labelling voluntary.In the last week of March, a significant ...
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News briefsAmazon destroyed over 6m counterfeit items in 2022
Amazon claims that it destroyed over 6 million counterfeit goods in 2022 compared with some 3 million in 2021 and about 2 million in 2020. “Our efforts to identify and dismantle counterfeit organizations are working and making a positive impact. In 2022, Amazon’s Counterfeit Crimes Unit sued or referred for ...
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U.K. completes talks to join CPTPP
The British government said that it has “substantially” concluded negotiations on the U.K.’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade agreement including 11 members: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The U.K. applied to join CPTPP ...
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News briefs
Alpargatas takes legal action over missed equity purchase payment
Alpargatas, the Brazilian footwear and apparel group, wants Carlos Roberto Wizard Martins to pay up. In a Sept. 2018 purchase and sale agreement, the investor struck a deal to acquire a 22.5 percent stake in Alpargatas S.A.I.C. from Alpargatas S.A. A first installment of the remaining purchase price equaling Brazilian ...
