January 31, 2022
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.
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.
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.
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.
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.
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.