Firm vies for Indian Motorcycle brand

Article Abstract:

Indian Motorcycle Co., a Toronto, Ontario-based company, is vying to acquire the Indian Motorcycle US trademark against Eller Industries Inc. The company, which already has rights to the Canadian trademark, wants to restore the Indian Motorcycle brand by mass producing branded bikes and opening dealerships under the contested name. The US District Court in Denver, CO, is scheduled to hear the case on Nov. 25, 1998, and determine which of the two vying companies would gain the right to the Indian Motorcycle trademark. Indian Motorcycle plans to expand to 22 markets in North America; bring the brand to Australia, Mexico, New Zealand and Italy; and launching museums, stores and cafes at its motorcycle dealerships worldwide.

Comment:

Is vying to acquire the Indian Motorcycle US trademark from the US Disctrict Court in Denver, CO

Motorcycles, Motorcycle, Bicycle, and Parts Manufacturing, Colorado, Patents & copyrights, Indian Motorcycle Co.

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Club Monaco keen on opening more U.S. stores

Article Abstract:

Club Monaco Inc., a retail company based in Toronto, in Ontario, Canada, has decided to let its operations in North America grow in response to the financial crisis. The company absorbed C$1.07 million in losses for the three months ending May 2, 1998, compared to C$502,000 in losses for the same period in 1997. Club Monaco executive vice-president and chief operating officer Sol Nayman indicated that revenue from Asian markets accounted for around 25% of sales for this timeframe which is lower than around 37% produced in 1997. Nayman also noted that the decreasing number of Asian tourists had a detrimental effect on sales.

Comment:

Has decided to let its operations in N Amer grow in response to the financial crisis by opening more outlets

North America, Retail Store Chains, Chain stores, Club Monaco Inc.

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Nortel to close speech recognition lab

Article Abstract:

Nortel Networks Corp is slated to shutter its speech recognition laboratory in Nuns' Island in Montreal to consolidate the operation with its manufacturing arm. The closure will result in workforce reduction of 130 employees, which is not yet part of the company's overall plan to eliminate 10% or 7,000 people. The communications network company intends to realize productivity and efficiency with the planned closure.

Canada, Other Computer Peripheral Equipment Manufacturing, Speech Recognition Equip, Nortel Networks Corp., Speech recognition equipment

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