BULGARIA: Nike, Adidas Set For Counterfeit Crackdown
Sportswear giants Nike and Adidas are set to launch a crackdown on the lucrative trade in fake goods in Bulgaria amid growing concern over a flood of counterfeit clothing from Eastern Europe and the Far East.
Both firms are preparing to clampdown on Bulgarian traders who sell counterfeit goods bearing their logos and names that have been made in Indonesia, China and Turkey and are then sold at a fraction of a cost of the genuine item.
Reports suggest both firms may team up for the operation which comes more than a decade since similar checks on fake goods took place in Bulgaria.
Companies: Nike Inc
Although Ukraine has the potential to be the top East European clothing supplier to Western Europe, the industry's growth is hampered by a lack of foreign investment. But this could be about to change...
Textiles and clothing make up Thailand's largest manufacturing industry, with more than 4,500 factories employing over one million people. The sector accounts for approximately 20 per cent of total em...
Sportswear company Adidas-Salomon AG, which this week announced it was selling its Salomon winter sports goods arm, says it predicts sales and profits to continue to rise during 2006, Dow Jones report...
Knit and apparel maker Fanco says the termination of its supply deal with sportswear giant Adidas will cause a €6.0 million loss in 2005....
Sportswear giant Adidas-Salomon AG has lost out in a feud over whether athletes can wear garments featuring its three-stripe logo at the Olympic Games....
Sports goods giant Adidas-Salomon has decided to sell off its Salomon division to Finnish company Amer Sports for approximately €485 million....
Sportswear major Adidas says that India is on track to overtake Malaysia as its number one Southeast Asian market....
Sportswear giant Adidas has signed a $26.67 million deal with The University of Kansas to kit out all of its teams for the next eight years, signalling the end of a long-lasting agreement with Nike, w...
- Why do modern robotics elude sportswear makers?
- Traditional financing is a misfit for fast fashion
- Mexico makers bullish on Trump's proposed tariffs
- Bagir CEO says suit-maker is back on track
- How would end of NAFTA affect US apparel industry?
- Bagir exports first trousers for H&M from Ethiopia
- US Q3 in brief - G-III Apparel, Express
- Fruit of the Loom CEO Medlin dies suddenly
- Crystal expands empowerment project to male staff
- Film documents Cambodia garment workers' stories
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- Footwear Top 5 Emerging Markets Industry Guide_2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack