Stirling Sports/adidas/Invincibles Jersey

Tuesday, 21 August 2001, 6:25 pm
Press Release: Unknown

Media Release – Stirling Sports/adidas/Canterbury Invincibles Jersey
Released by Stirling Sports Franchises Ltd
Tuesday 21st August 2001

This media release provides clarification on the position of Stirling Sports with regard to the dispute between adidas NZ Ltd and Canterbury International Ltd regarding the Invincibles rugby jersey.

Stirling Sports received a letter of demand from adidas on 16 August. Stirling Sports objected to the tone of the letter. It is also aware of its obligations under the Commerce Act, and did not seek the removal of the Invincibles jersey from its franchisees stores consequent on receipt of the adidas letter (as has been misreported in the media).

However, the letter sent to our franchisees by adidas NZ Ltd last week potentially creates a problem for Stirling Sports Franchises Limited and our Franchisees under that Act. To comply with the demand may breach the Act.

While we still value our supply relationship with adidas, as a direct result of their letter and to ensure compliance with the Commerce Act, Stirling Sports Franchises Ltd have:

(a) contacted Canterbury International Ltd with a request that Canterbury supply all Stirling Sports stores, to allow them all to sell the jersey. Canterbury International Ltd has had a policy of only supplying some of our stores, as a result of Canterbury’s own marketing needs. Canterbury have advised that they will now supply all stores (but with a reservation in relation to some product lines, that are supplied exclusively to Canterbury International Ltd franchisees).

(b) advised our stores that Canterbury International Ltd already supplies, to continue to stock and sell the Canterbury Invincibles jersey.

This result may not be regarded as ideal by adidas, but we are sure it will be to the benefit of the New Zealand public. It also ensures that Stirling Sports Franchises Limited complies with both the letter and the spirit of the Commerce Act.

ENDS

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH > >

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Rail And Maritime Transport Union - Lyttelton Port workers begin overtime ban
Lyttelton Port of Christchurch - LPC operations will continue as usual during overtime ban
Environment Canterbury - Next phase of Lyttelton Port recovery underway

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

NZ Govt - Submissions on future of science system
Science Media Centre - Year in Review: the big science stories of 2014

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

Spark NZ - New trans-Tasman telecommunications cable plan confirmed
InternetNZ - New cable a positive sign for the future

Scoop Business - ComCom pushes out final decision on Chorus copper pricing
Commerce Commission - Backdating prices for Chorus’ copper lines and broadband
TUANZ - TUANZ welcomes further clarification by Commerce Commission
Spark NZ - Spark New Zealand Moving Ahead in 4g Network Build

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Scoop Business - NZ Sept quarter current account deficit near six-year high

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

BusinessDesk - Economy can grow faster than thought before inflation bites
Audio - Treasury Forecast Announcement for 2015
NZ Treasury - Half Year Economic and Fiscal Update 2014
Office of the Clerk - Public Submissions - Budget Policy Statement 2015
NZ Govt - Government focused on surplus in 2014/15 - English: National is focussed on achieving surplus
Labour - Bill English’s face is redder than his books - Failure to diversify puts prosperity at risk
United Future - Dunne Speaks - Christmas Edition
Greens - Irresponsible tax cuts lead to seventh successive deficit
NZ First - Dishonesty Only Thing in Surplus in Forecasts
CTU - Cuts in public services likely from Budget Policy Statement
PricewaterhouseCoopers - New Zealand Government signals reversal of fortune
NZ Taxpayers' Union - Cut Taxes + Cut Waste = Surplus
TV3 Video - Don't blame deficit on tax cuts - English
Earlier - Cuts to Health Suggested

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>