Climbing ropes recalled over risk of death from falling, regulators say

A recall was issued for over 1,000 Courant Spliced Kalimba climbing ropes due to a fall hazard. Wichard Groupe North America is offering a free replacement rope to affected consumers. The event is likely contained to consumer safety/brand risk rather than a clear financial materiality to markets.

Analysis

A recall was issued for over 1,000 Courant Spliced Kalimba climbing ropes due to a fall hazard. Wichard Groupe North America is offering a free replacement rope to affected consumers. The event is likely contained to consumer safety/brand risk rather than a clear financial materiality to markets.