Jordan Sports, Which Has Been Delayed By Trademark Disputes For 7 Years, Has Finally Won The 1 Billion 200 Million Expansion Of A Shares.

Over the years, the "Jordan" trademark dispute finally came to an end. On October 16, the Supreme People's Court concluded the trademark dispute case of Jordan company and ruled that its trademark did not damage Jordan's portrait right. Jordan sports registered the "Dan bridge" trademark in 1991, and renamed the name of the enterprise in 2000 as Jordan sports. In 2012, US soccer star Jordan sued Jordan for violation of his right to name and asked for the cancellation of many trademarks. The Trademark Review and Adjudication Board ruled to reject its application. Jordan filed an administrative lawsuit, and the two sides fought for 8 years. The supreme law considers that the trademark does not embody Jordan's personal characteristics and is not identifiable, and does not constitute a damage to the right of portrait.


In those days, Jordan's trademark case was in a great uproar, and the two sides had been lawsuits for several years. At present, there are fewer clothing enterprises listed on the main board of the Shanghai Stock Exchange, and only one clothing enterprise is Jordan sports, which has long been in the queue list.


At present, Jordan sports has been in the meeting for a long time, but has not obtained the approval status. The main reason lies in the existence of litigation. But Jordan sports did not give up the A share listing target and stayed on the list of IPO queuing companies. In November 21, 2011, Jordan sports submitted a draft prospectus for IPO to the SFC, which was awarded in November 25th.


Up till now, Jordan sports is still in the past. The Commission referred to Jordan sports in a news conference in 2014. It said that there was a major pending lawsuit in Jordan sports. It belonged to the special situation of the enterprise. The SFC will push forward the listing work according to the procedures after the relevant limited factors are eliminated.


Although the road to listing is bumpy, the company is in the queue for IPO for a long time. Jordan sports prospectus shows that Jordan sports intends to land on the main board of the Shanghai Stock Exchange. The number of shares issued is expected to be 112 million 500 thousand shares, and it is estimated that the fund will be raised by 1 billion 64 million yuan, and the funds will be used for the construction of production base expansion and direct stores.


Public information shows that Jordan sports Limited by Share Ltd (hereinafter referred to as Jordan sports) was founded in 2000, mainly engaged in sports shoes, sportswear and sports accessories design, research and development, production and sales, is the top 100 enterprises in Fujian and Fujian top thirty taxpayers. Jordan's sports name is equipped with a series of trademarks such as "Jordan", "QIAODAN" and "Jordan sports".