Jordan Sports Intends To Land On The Shanghai Stock Exchange To End The Seven Year Long Run
According to the Beijing business daily, as of April 4th, the China Securities Regulatory Commission has received 15 initial and issuing depository receipts, of which Jordan sports is also on the list.
It is noteworthy that this is not the first time Jordan sports has been there.
At the end of November 2011, the China Securities Regulatory Commission passed the first application submitted by Jordan sports.
However, on the eve of listing, Michael Jordan, the US flying agent, appealed to Jordan sports with "the registration of disputed trademarks to damage his right to name", which made Jordan sports go public.
In 2016, Jordan sports once again longed for listing, but it has been in a queue that has not yet been properly awaiting trial.
To this day, Jordan sports finally passed the meeting again.
It is understood that in order to retain the "Jordan QIAODAN" trademark, Jordan sports for many years the infringement "seesaw warfare" is always on the stage.
In February 2012, Michael Jordan appealed to Jordan sports in the name of "disputed trademark registration to damage his right to name" and said, "the purpose of taking this action is to protect the right of name and brand that I have."
Shortly after Michael Jordan's first lawsuit failed, he appealed to the first intermediate people's Court of Beijing and the Beijing Higher People's court again, but failed.
In 2015, Michael Jordan applied again to the Zui high people's court for retrial.
In December 2016, the Zui High Court ruled that the controversial trademark "Jordan" infringed and revoked the trademark dispute ruling of the Trademark Review and Adjudication Board of the State Administration for Industry and commerce.
The lawsuit ended in Jordan's sports defeat.
In early 2018, Jordan sports appealed to Nike sports, Nike commercial infringement of trademark rights and unfair competition disputes. Plaintiff Jordan sports asked the defendant to stop infringement, publicly apologize, compensate the plaintiff losses and reasonable expenditure of 300 thousand yuan.
It is reported that Jinjiang sports brand grew up with Jordan sports, as well as Anta sports, XTEP sports, and so on.
However, these brands have been renamed before seeking listing.
Jordan sports terminated the road of listing because of the infringing storm caused by renamed. Many people in the industry believe that the failure of Jordan sports to go public means that we have missed a good opportunity for development.
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