All Legal & Institutional articles – Page 2
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News briefs
Austrian textile and shoe retailer Vianello files for bankruptcy
The Austrian fashion retailer Vianello has filed for bankruptcy after taking a hit from falling sales amid a spike in costs. The Klagenfurt Regional Court opened restructuring proceedings without self-administration for the Carinthian textile and shoe chain. Sixty-two employees and 40 creditors are affected by the insolvency, with ...
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ArticleEsprit’s Austrian subsidiary files for bankruptcy
Esprit’s Austrian subsidiary, Esprit Handelsgesellschaft m.b.H., has filed for bankruptcy at the Salzburg Regional Court. The announcement follows the insolvency application filed in May by the parent company Esprit Europe GmbH, headquartered in Ratingen, Germany. The bankruptcy affects 12 directly operated stores across Austria and approximately 170 employees. ...
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News briefs
Skechers sues L.L. Bean for alleged patent infringement
Skechers USA has filed a lawsuit against L.L. Bean, accusing the Maine-based retailer of allegedly copying a shoe design, according to local media. The lawsuit, filed in New York City federal court, claims that L.L. Bean’s Freeport casual shoes infringe two patented designs for “heel cups” that surround the back ...
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ArticleArmani, Dior under investigation for working conditions at suppliers
The Italian competition authority, AGCM, said that it has launched an investigation against the luxury goods groups Giorgio Armani and Christian Dior for alleged “unfair commercial practices.” According to the watchdog, “in some cases”, the companies may have used suppliers employing workers who may have received “inadequate wages”. In addition, ...
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News briefs
Deckers sues a Brazilian cybersquatter
Our US sister publication SGI News reports that Deckers Brands, the parent company of Hoka and Teva, has filed a complaint in a federal court in Louisiana against an unnamed Brazilian-based company, accusing it of cybersquatting and infringing its Ahnu trademark. According to the lawsuit, Deckers had been using the ...
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ArticlePölking ends insolvency proceedings
The German shoe wholesaler Pölking has completed its insolvency proceedings after 14 months of self-administration. The proceedings were lifted by the Osnabrück District Court after creditors in early May approved the company’s insolvency plan. As part of the reorganization, Pölking acquired four stores of its sister company Lemax ...
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News briefs
Don’t Call Me Jennyfer exits receivership
The French fashion retailer Don’t Call Me Jennyfer said that it is exiting receivership after its relaunch plan was approved by a commercial court in Bobigny, in the outskirts of Paris. The plan, which was presented to the court in May, involves an initial investment of €15 million that will ...
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ArticleGerman court rejects Birkenstock appeal against Rafting Goldstar
The Italian shoe brand Rafting Goldstar has won a long-running legal dispute with the German shoe manufacturer Birkenstock. On May 2, the German Federal Court of Justice (Bundesgerichtshof) rejected an appeal by the Rhineland-Palatinate-based sandal maker, centered on a sole design. The court declared the appeal unfounded, ...
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ArticleCreditors approve Galeria’s restructuring plan
Another hurdle has been cleared on Galeria Karstadt Kaufhof’s path to recovery. The creditors of the troubled German department store chain approved its pending reorganization plan, insolvency administrator Stefan Denkhaus said on following a creditors’ meeting. The clearance is a significant step towards the completion of Galeria’s insolvency proceedings, ...
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News briefs
Pimkie placed under court administration
A Lille-based commercial court has placed Pimkie into a “safeguard procedure”, enabling the French fast fashion label and chain store for young women to continue operating while undergoing a restructuring, the news agency AFP reported citing trade union representatives. Frédérique Dupont, of the CFE-CGC trade union, said that the ...
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News briefs
Uzbekistan incentives the creation of footwear clusters
Uzbekistan’s government plans to create clusters for the leather and footwear industries in the Sharaf-Rashidov and Akhangaran districts and has defined incentives to attract investors. Until Jan. 1, 2026, companies established in the areas are exempt from property tax, land tax and tax for the use of water resources, according ...
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News briefs
Three UK footwear companies awarded royal warrant
The British Footwear Association (BFA) announced that three of its members, Tricker’s, Crockett & Jones and John Lobb have been awarded the royal warrant by king Charles III. ”This honour recognizes their exceptional craftsmanship and solidifies their status in the luxury footwear industry,” the BFA said. The Northampton-based shoemaker Tricker’s ...
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News briefs
Denmark to ban PFAS in clothing and footwear
The Danish government has unveiled plans for a national ban on the use of per- and polyfluoroalkyl substances (PFAS) in clothing, footwear and sealants. “The proposed ban is a crucial step towards reducing emissions and will significantly benefit Denmark’s environment. It also sends a clear message internationally about the ...
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Article
European Chemical Agency apologizes for misleading claims on leather goods
Following the complaint of the European leather and footwear industries, the European Chemical Agency (ECHA) formally apologized for wrongly conveying the impression that leather goods or footwear have possible cancer-causing properties because of the use of chromium VI (Cr VI), the Confederation of National Associations of Tanners and Dressers of ...
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News briefs
US court hearing on Tapestry, Capri merger due Sept. 9
Jennifer Rochon, a US District Judge for the Southern District of New York in Manhattan, has set Sept. 9 as the date for the hearing regarding Tapestry’s proposal to acquire Capri Holdings, according to Bloomberg. On April 22, the US Federal Trade Commission (FTC) decided to sue to block Tapestry’s ...
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ArticleUS regulator moves to block Tapestry’s acquisition of Capri
On April 22, the US Federal Trade Commission (FTC) decided to sue to block Tapestry’s $8.5 billion acquisition of Capri Holdings. However, the companies plan to defend their case in court and to complete the transaction by the end of 2024. “If allowed, the deal would eliminate direct head-to-head competition ...
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News briefs
Skechers accuses American Exchange Group of alleged patent infringement
Skechers filed a complaint with the US District Court in California accusing American Exchange Group of allegedly infringing on patents related to its “Scalloped Opening” shoe design. According to Skechers, American Exchange Group’s design infringes on nine of its patents. “Based on these novel and unique designs and the proven ...
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News briefs
US regulator reportedly to vote on blocking Tapestry, Capri merger
The five commissioners of the The Federal Trade Commission (FTC) are scheduled to meet next week to vote on whether to file a lawsuit to block Tapestry’s $8.5 billion takeover of Capri Holdings, The New York Times reported, citing two sources familiar with the matter. The newspaper noted that the ...
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News briefs
CEC co-signs a European industry manifesto for relaunching competitiveness
CEC has joined forces with 85 other European and national industry associations to publish a manifesto called Relaunching European Competitiveness. “The manifesto calls against the risk of de-industrialization on our continent by relaunching Europe’s competitiveness. The EU enters a new policy cycle at a challenging time, with technology and geopolitics ...
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ArticleFDRA calls on US president to remove duties on Chinese footwear imports
Matt Priest, the president and CEO of Footwear Distributors & Retailers of America (FDRA), is urging the US president, Joe Biden, to remove by executive order Section 301 import tariffs imposed on China. In an open letter to Biden, Priest wrote that “retail footwear prices have risen sharply since implementation ...
