Thursday, September 10, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Companies

Adidas N$2m lawsuit against Namibian businessman drags on

by editor
July 21, 2022
in Companies
7
A A

Adidas South Africa has approached the Windhoek High Court seeking to change its sole witness in a matter in which the company is seeking over N$2 million in damages from Namibian businessman Roland Jacobs, owner of the Street House stores.

According to court papers, the two parties entered into a partnership in May 2000 where Jacobs would be supplied with footwear, textiles and sport balls from a variety of sport groups for purposes of sale in the Street House stores in Windhoek, Walvis Bay, Swakopmund and Oshakati.

Adidas, which filed a lawsuit in 2019, is claiming that the respondent breached their contract by failing to pay for the shoes delivered, amounting to N$1 969 903. 49.

The overdue amount has since been charged at an interest rate of 24 percent per annum, amounting to N$ 32 135 and bringing it to a total N$ 2 002 039.08.

Since the start of the lawsuit nearly three years ago, Adidas South Africa has terminated the long-standing business agreement dating back from 2000.

In its latest application, Adidas wants to replace their initial sole witness, Andrew Green with Mark van Deventer as a witness. Adidas claims that Green is unable to testify in court as his wife will be expecting a baby, during the commencement of the trial.

“It is a difficult and critical time for Andrew Green and his spouse. Andrew Green is required to support his spouse during this time as she needs his presence, material and emotional support, during this time. As matters stand, the applicant is unable to procure Andrew Green for trial. It would be unconscionable to compel Andrew Green who is presently attending to a family emergency to attend trial in circumstances where the trial can proceed without any prejudice to the respondent or the administration of justice.  It would not be fair to the applicant to have Mr. Andrew Green attend trial and have his attention split between his family obligation and this action, ” Adidas argued.

The company further argued that testimony to be led by Mark van Deventer is similar to that which was going to be led by Andrew Green, that the respondent cannot claim that it would cause any prejudice.

“The application is reasonable in that it avoids the scuppering of the trial date,” Adidas contends.

Jacobs, in his witness statement, confirms that he applied for credit with Adidas SA when he started his business during 1993 and 1994 and an oral agreement was entered between the two.

He alleges that Adidas SA has unfair pricing, that a rival competitor such as Studio 88 receives better price options than street house. He also claims Adidas has unfair products distribution policy in that companies like Studio 88 receive preferential treatment and given the opportunity to pre select their styles before it is offered to Street house, that they also are granted privilege to select the most popular styles and colours for the season, thereby depriving Street house of customers.

“It is evident that a competitor such as studio 88 is dictating to Adidas how to abuse its dominant position in Namibia to the benefit of such competitor or rival to the detriment of Street house. I furthermore add that the general goal and devious plan of Adidas SA was to eventually strangle small businesses like mine and to destroy us by withholding from us since 2014 certain products and styles to enhance and unfairly further and favour other distributors like studio 88 and sidestep, “Jacobs said.

The businessman argued that this is evident also in South Africa where Adidas closed accounts of smaller customers which had long standing accounts with them and helped build Adidas SA.

He has since demanded that Adidas is liable for payment to him in the amount of N$ 4.5 million, in a counterclaim.

author avatar
editor
See Full Bio
Previous Post

BoN calls for import substitution to reduce import bill

Next Post

Tourism sector to drive economic growth

Must Read

Two people stand beside a bright green gift box with a red ribbon; man holds scissors as he prepares to cut the bow while a woman in a gold satin outfit watches smilingly.
Health

Govt invests N$49.8m in first state-owned MRI facility

September 10, 2026
Blue shipping container being lifted by a crane, painted with a bold 'INTERNATIONAL TRADE' banner and sun emblem against a blue sky.
Trade

Namibia’s trade with other African countries reaches N$13.5bn in July

September 10, 2026
Namibia’s economy registers 1.9% growth to N$66.4bn in Q3
Finance

Namibia loses N$16.7bn annually to illicit financial flows

September 9, 2026
VIP visitors in white lab coats, purple hard hats, and hairnets tour a meat processing plant with hanging carcasses.
Finance

Meatco revenue jumps 56% to N$793m as cattle slaughter rises

September 9, 2026
A group of professionals posing on steps outside a brick building, two people in front holding framed awards.
Finance

BoN wins global financial inclusion leadership award

September 9, 2026
Header banner for an article: 'HYPERMARKET: METRO'S GROCERY BASKET (N$) - AUGUST 2026' above a framed image of Metro hyper logos and a price tag reading 1,010.80.
Retail

Metro – Hypermarket Grocery Basket, August 2026

September 9, 2026
Load More

Related News

How to avoid getting scammed as an eWallet user

How to avoid getting scammed as an eWallet user

April 28, 2022
BoN approves first company under Fintech Innovation Regulatory Framework

BoN approves first company under Fintech Innovation Regulatory Framework

October 13, 2022
South African shares lose R1 trillion in seven days

South African shares lose R1 trillion in seven days

March 15, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.