Metro urban bicyclists are more diverse, affluent and better educated than the average adult U.S. cyclist and significantly more inclined to buy their bikes from independent bike dealers than mass merchants, according to third annual American Bicyclist St
Year: 2014
Gander Mountain Coming To Southwest Charlotte
Gander Mountain plans to open a store in Southwest Charlotte in the late summer…
Adidas Extends CEO Herbert Hainer’s Contract Through 2017
The Adidas AG supervisory board extended Herbert Hainer’s contract and also his mandate as CEO of Adidas AG by another two years beyond 2015 until March 2017. Hainer has been CEO of Adidas AG since March 2001…
Dorel’s Rec/Leisure Segment Swings to Q4 Loss
Dorel Industries reported that restructuring its $918- million-a-year bicycle business reduced its net income by about half, or $8.2 million, in the fourth quarter. The $13.5 million pre-tax restructuring charges and costs resulted in an operating loss of
Dorel’s Bike Segment Swings to Q4 Loss on Restructuring Charges
Dorel Industries reported its Recreational/Leisure Segment lost $5.4 million in the fourth quarter after taking mostly non-cash restructuring charges that reduced its overall earnings by nearly 43 percent. While the segment's revenues increased 8.3 p
Altrec Sale Should Close this Week
Active Boarder Corp. is scheduled to close its $3.25 million purchase of substantially all of the assets of Altrec Inc. this week following a bankruptcy judge’s approval of the sale…
Asics Launches ‘We Are Marathoners’ Campaign for LA Marathon
Leading up to the Asics Los Angeles Marathon, Asics will bring the marathon spirit to every boulevard of the city with its “We Are Marathoners” campaign. The effort showcases a mobile treadmill challenge…
The Outdoor Foundation Releases New Paddlesports Report
Participation in stand-up paddleboard grew by 400,000 to 1.5 million in the three years ended 2012, according to new research released Monday by The Outdoor Foundation and The Coleman Company, Inc. The report provides a detailed look at participation in k
Jarden Expands Executive Leadership to Support Growth
Jarden Corporation has expanded its executive leadership team to support ongoing growth by bringing additional expertise, depth and proven talent to the senior management team…
Power Force Apparel Files Chapter 11 Bankruptcy
Power Force Apparel LLC has filed for Chapter 11 bankruptcy protection on Feb. 20. According to the petition filed in Alabama Northern Bankruptcy Court, listed more than $6 million in liabilities and $226,750 in assets…
Longstreth Sporting Goods Appoints Field Hockey Manager
Longstreth Sporting Goods announced that Allison Lokey has been hired as field hockey manager…
Anta Sports Signs Houston Rockets Forward Chandler Parsons
Anta Sports Products Limited has signed a basketball endorsement contract with Chandler Parsons, a rising star in the NBA and starting small forward of the Houston Rockets…
Black Diamond CEO Says Gregory Sale Could Lift CAGR Above 20 Percent
Black Diamond Inc. could raise its compound annual growth rate (CAGR) above 20 percent by selling Gregory Mountain Products and using the proceeds to accelerate development of direct-to-consumer sales and product development at Black Diamond and POC, CEO
Bauer Performance Sports Appoints EVP, Hockey
Bauer Performance Sports Ltd. hired Rich Wuerthele to serve as executive vice president of hockey, a newly created position within the BPS organization. He most recently worked for Newell Rubbermaid…
Police Investigating Cause of Missoula Avalanche
Police in Missoula, MT are investigating the cause of an avalanche that buried and destroyed two homes and buried three people Friday after an official with the local avalanche center said it was caused by a snowboarder…
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