March 24, 2022 Colt Acquisition Adds to CZ Group Revenues
The addition of the venerable U.S. firearms brand, which closed in May, helped drive CZ Group’s top line to a record CZK 10,688,927,000 ($493.0 mm) last year, up from CZK 6,829,106,000. USTR Reinstates Some Section 301 Exclusions
The U.S. Trade Representative’s office has reinstated 352 product exclusions from Section 301 tariffs on Chinese imports, that are retroactively effective from Oct. 12, 2021 and extend through Dec. 31, 2022. Fanatics and NFL Face Antitrust Suit in NY
Following the dismissal of three similar suits earlier this month, the NFL, its 32 teams, and Fanatics were hit with federal antitrust claims filed in NY federal court alleging that the league conspired with Fanatics to dominate the licensed merchandise market. CPSC Recall: Commencal Kids Bikes
Commencal is recalling about 925 Ramones 14-inch Bicycles because they are equipped only with hand brakes, while federal regulations require foot brakes in kids bikes with seat heights below 25”. Etcetera: NGSA, MonkeySports, Evo, New Balance, Fanatics, Jordan Brand, Original Penguin
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