France introduces new anti-greenwashing rules
As part of its legislative arsenal to combat climate change, the French government has now introduced the next stage of its anti-greenwashing legislation, effective January 1, 2023. The new rules are a major step in controlling advertising claims on carbon offsetting and carbon neutrality, following laws that came into effect ...
EU court rules that Amazon may be liable for sale of counterfeit Louboutin shoes
Amazon has been dealt a blow after the Court of Justice of the European Union (CJEU) ruled that the U.S. online retailer may be liable for alleged intellectual property breaches by advertising counterfeit Louboutin shoes on its store.
Amazon, EU reach deal to end antitrust investigation
The European Commission said it has made commitments offered by Amazon legally binding under European Union antitrust rules, allowing to resolve competition concerns over the U.S. online retailer’s use of non-public marketplace seller data and possible bias in granting sellers access to its Buy Box and Prime program.
San Marina placed into receivership
The French footwear retailer San Marina was placed under controlled administration, or receivership, on Sept. 22 at its request by a Marseille-based commercial court.
Görtz and Surf4Shoes file for bankruptcy amid uncertainty, soaring inflation
Görtz and Surf4Shoes are among the latest companies caught in a wave of bankruptcies that appears to be gathering pace in Germany. Heightened consumer uncertainty, sky-rocketing inflation and rising energy prices are seen as the main destabilizing factors, as the war in Ukraine rages and the European Union’s sanctions against ...
How the exodus out of Russia is creating opportunities for locals
Western footwear retailers that pulled out from the Russian market over the past few months in the wake of Russia’s invasion of Ukraine sold products worth 51.2 billion rubles (€911m) in the country in 2021, estimated Chestny Znak, a Russian regulator supervising the labelling of fashion products on the domestic ...
EU to use trade agreements to promote sustainability
The European Commission said that it took ”a major step in making EU trade greener, fairer and more sustainable” thanks to a new plan to enhance the contribution of trade agreements in protecting the climate, environment and labor rights worldwide.
EU proposes new consumer rights on sustainability and a ban on greenwashing
The European Commission is proposing to amend the European Union Consumer Rights Directive to oblige traders to provide consumers with information on products’ durability and reparability with the aim of empowering consumers for the green transition. The measure is one of many included in a wider package called the European ...
Italian self-assessment ESG program to start beta trials
A software package allowing the self-assessment of companies’ environmental, social and governance (ESG) performances is scheduled to be rolled out for beta tests at several Italian companies over the coming weeks. The indicative number of companies involved in the trials could be four to six, according to the developers of ...
Brazil renews footwear export program for 2 years
Abicalçados, the Brazilian footwear association, and ApexBrasil, the Brazilian agency for the promotion of exports and investments, signed the renewal of a two-year agreement to promote Brazilian footwear. The program simply called Brazilian Footwear was launched more than two decades ago.