SAFILO OFFERING: Eyewear group Safilo is preparing to launch a high-yield bond of up to $324.57 million, possibly by the end of March. Credit Suisse First Boston, which last year bought an unspecified minority stake in Safilo through its private equity unit, is coordinating the bond issue. Safilo, which recently signed a deal to produce and distribute eyewear for Giorgio Armani, currently makes eyewear for brands including Christian Dior, Gucci and Polo Ralph Lauren.

MOVING OUT: In light of its merger with Gart Sports, The Sports Authority plans to close its own Fort Lauderdale, Fla., headquarters within a year. There is "a high level of interest [among the retailer’s 500 employees] who see the potential of the new company" to relocate to Engelwood, Colo., where Gart is headquartered, said Marty Hanaka, chairman of The Sports Authority. But he will continue to call the Sunshine State home. "I’ll have an office in Denver, but I will not relocate my family," he said.

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