All Legal & Institutional articles – Page 40
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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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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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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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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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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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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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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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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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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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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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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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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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HDS, the German shoe industry federation, wants to upgrade the...
HDS, the German shoe industry federation, wants to upgrade the presentation of the members' interests outside Germany. An important step in this direction was taken last July with a cooperation agreement with the European Sporting Goods Industry Federation, Fesi. The two organizations want to recover some of anti-dumping duties paid by some their members on imports of ...
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The British Footwear Association changed its management structure at the...
The British Footwear Association changed its management structure at the end of last year, following the retirement of its previous secretary, Elaine Davis. The BFA, which continues to develop new activities under its very dynamic chief executive, Richard Kotter, has created the post of general manager and assigned it to ...
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U.S. President Barack Obama announced in his State of the...
U.S. President Barack Obama announced in his State of the Union address last week the start of discussions with the European Union about a so-called Transatlantic Trade and Investment Partnership that would go beyond the classic format of removing tariffs and opening markets. A high-level working group is being set ...
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Anci is supporting “Napoli Shoes,” a project in which footwear...
Anci is supporting “Napoli Shoes,” a project in which footwear companies in the area of Naples, in the south of Italy, are joining forces in a network to reinforce competitiveness. The project, which is also backed by local authorities, currently involves 15 companies, combining total revenues of €150 million and ...
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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. ...
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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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A new technical and professional hub for the footwear industry...
A new technical and professional hub for the footwear industry will be built in Vigevano, near Pavia, in Italy's northwest. The project has been officially launched with the signature of a letter of intent by representatives of local authorities, Fondazione di Piacenza e Vigevano, and Anci. The hub will be ...
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India's Council for Leather Exports (CLE) has announced a plan...
India's Council for Leather Exports (CLE) has announced a plan to build a testing laboratory at the leather cluster of Ranipet in the southern state of Tamil Nadu. The laboratory, which will test the quality of the exports prior to shipment, is currently under construction. According to the Indian Department ...
