News from World

tag: Marchio

15 January 2023

The final verdict in the case of the three stripes, adidas versus Thom Brown: adidas loses

Adidas has lost a court case against the designer Thom Browne, after the sportswear company said the use of four stripes in his designs was too close to its trademark three-stripe logo. The designer hoped his victory would inspire other independent brands when faced with threats from large companies. “It was important to fight and tell my story”, he said. [Adidas loses four stripes court battle with designer Thom ... - theguardian.com]

21 July 2022

Manolo Blahnik wins the legal battle for his Chinese trademark

The theme is also present on the @FinancialTimes. The well-known British luxury shoe company Manolo Blahnik won a long legal battle that began in China in 2000 against Chinese entrepreneur Fang Yuzhou, who had registered the brand name to sell his own line of shoes. For this reason, in China you could legally buy Manolo Blahnik branded shoes, but they were not original products: these were only found by third-party retailers.

10 July 2022

Nike, stock market, inflation and metaverse

Recently, Nike Inc. NKE-0.18% reported nearly flat quarterly sales and rising inventories amid evolving consumer demand and supply chain hitches, the WSJ reports. However, it is the most valuable brand that exists. It is worth more than twice as much as Adidas, but significantly detaches Louis Vuitton, Gucci and Chanel. Nike has 73,000 direct employees, controls the Converse brand, is listed on the New York Stock Exchange and has reported revenues of $44.6 billion for fiscal year 2021.

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02 June 2022

The leather industry is suffering in Ethiopia

The apogee of Ethiopia’s livestock reserve is yet to translate into anything more than a disappointing cliché. The leather industry that feeds on the country’s livestock resources is being tied up with old challenges of poor bureaucracy, lack of finance, and market linkage issues. Adding salt to the wound, the Covid pandemic, instability, and recent removal of Ethiopia from the African Growth Opportunity Act (AGOA) are making the industry’s future look rather bleak. Recognizing the industry’s immense potential and resolving its challenges is an assignment for no tomorrow, write EBR’s Lidya Tesfaye and Bamlak Fekadu, as reported by Satenaw.

26 May 2022

Nike also closes franchise in Russia

U.S. sports giant Nike is set to leave Russia after declining to renew the brand’s agreements with authorized resellers within the country. Contracts between Nike and two of its largest authorized Russian retailers expire today (May 26), the Vedomosti business newspaper reported. [Nike to Exit Russia as Resale Contracts End – Moscow Times]

14 February 2022

China rejects most trade mark applications for the metaverse

China has started rejecting various metaverse-related trademark applications as authorities are keen to prevent abuse of the registration process. According to fiber2fashion, the action reportedly implies a deliberate strategy to deal with the rush of such applications by many companies beginning last year while preventing trademark squatting and misunderstanding among consumers.

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