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January 31, 2022


CZ Group Completes $92 Million Debt Raise

The Czech-based parent of Colt and other firearms brands, has issued CZK 1,998 million ($92 mm) of bonds due in 2029, with the funds used to retire existing debt, for capital expenditures, potential M&A transactions and working capital.

Caleres Pays Off Remaining Notes

The Famous Footwear parent has now redeemed the last $100 million of its 6.25% senior notes due on Aug. 15, 2023, after retiring $100 million of the notes in Q3.

BSN Sports Acquires Nicklasson Athletic

The Varsity Brands-owned team dealer juggernaut has acquired 76-year-old Nicklasson Athletic, which supplies schools and youth teams from its base in New Ulm, MN.

Black Creek Outfitters Shutting Down

The Jacksonville FL-based watersports and outdoor retailer is closing its doors after 39 years in business, and will liquidate inventory starting on Feb. 3.

National Park Visits Jumped 16% Last Month

Recreational visits increased 16% in Dec. to 15,848,119 from 13,651,336 the year before bringing total visits for the year to 288,509,951, up 22% from 236,763,581 in the pandemic year but still well behind the 2019 tally of 327,516,619 visits.

CPSC Recall: Matrix Treadmills

Johnson Health Tech is recalling about 19,900 Matrix T1X, T1xe, T3x and T3xh commercial treadmills, because the power cord can become loose from the power socket, posing a fire hazard.

Etcetera: Foot Locker, Club Champion, The North Face, Chattanooga Shooting Supplies, Dick’s, Under Armour

 
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