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SBD Global/April 11, 2013/Finance

Chinese Sportswear Company Qiaodan Sues Michael Jordan For $8M In Damages

Chinese sportswear company Qiaodan Sports said that it sued Michael Jordan for $8M in damages "after his lawsuit claiming unauthorized use of his name," according to Vinicy Chan of BLOOMBERG. The retailer’s suit "was accepted by the Quanzhou City Intermediate People’s Court in Fujian on April 2." The Chinese company, which has about 6,000 shops in the country, claimed that Jordan "tarnished its reputation and delayed its plan for an initial public offering." Jordan sued Qiaodan in Feb. '12 "for using his Chinese name and jersey number 23 without permission." Qiaodan "denied the unauthorized use of Jordan’s Chinese name" in a statement Wednesday. Jordan’s lawsuit "is proceeding at the Shanghai People’s Intermediate Court" (BLOOMBERG, 4/10).
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