SGB Sports & Fitness

FESI Renews Pact to Fight Rogue Websites

The Federation of European Sporting Goods Industry (FESI) joined the European Commission, several right owners and e-commerce markets to sign an updated Memorandum of Understanding to fight rogue websites amid signs that online sales of counterfeit goods have grown dramatically.

Kering Reiterates Puma Not for Sale

Kering chairman and chief executive François-Henri Pinault told the Financial Times that Puma was not for sale for the time being, saying the company plans to hold on to its majority stake until at least 2018.