June 04, 2021
U.S. sporting goods imports soared in the first quarter of 2021, accelerating sequentially from Q4 last year, and surpassing the pandemic-depressed comparable quarter by 45.3% for a total of $6,717.8 million compared to $4,624.2 million.
The Kathmandu, Rip Curl and Oboz parent refinanced its syndicated credit facilities with a new three-year, A$100 million sustainability linked loan and an A$200 million multi-option facility.
The Chinese sportswear brand has been repurchasing its 7.25% senior notes that came due on Jun. 3, with several tender offers over the past two years, and has now fully redeemed the approximately $130 million outstanding principal.
A So. NY federal court judge denied plaintiff Christophe Roberts’ request for a temporary restraining order against The Big Cat, which would have prohibited it from using teeth designs on its apparel.