Michael Jordan countersued by Chinese sportswear firm
10/04/2013
The Fujian-based retailer has about 6,000 shops in the country, and claims Mr Jordan has tarnished its reputation and delayed its plan for an initial public offering.
Mr Jordan is currently suing Qiaodan for using his Chinese name and jersey number 23 without permission. Qiaodan denies the unauthorised use: the company’s name and its trademark are the same as the Chinese version of Mr Jordan’s name.
Qiaodan won approval for an IPO from the nation’s securities regulator in November 2011.
Mr Jordan heads his own division at Nike, the world’s largest sports goods maker.
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