New Balance has won a record payout in a Chinese trademark case after three local shoemakers were found to have infringed the brand's N logo. A Chinese court awarded the US sportswear firm more than 10 million Yuan (US$1.5m).
Paraguay with a population of six million imports annually 25 million pairs of shoes, something considered 'incredible' and totally out of proportion with the economic situation and poverty levels of the country, claimed Mercosur members' footwear chambers and related industries.