January 22, 2018
The Mainland China retailer, which is 62.4% controlled by Yue Yuen which is in turn controlled by Pou Chen and the Tsai family, will go private under terms of a NK$11 billion (US$1.4 bb) takeover offer that Pou Sheng says is needed so that the retailer can make significant investments in its business to deal with the disruption in the market from e-commerce and a more promotional environment.
It plans a major launch in Feb. that will include soccer apparel, footwear and equipment with the well-traveled brand, which is now owned by Iconix.
The UK High Court of Justice ruled that Garmin’s wrist-based heart rate monitoring technology did not infringe on PulseOn Oy registered designs in the EU, according to a GRMN press release.
CIA says that Namastetics is copying its distinctive Goddess legging design with ornamental leg warmers, for which it has a design patent, with its Fusion line of leggings.