FGL Sports sales grew 1.7 percent to C$379.4 million in the first quarter ended March 29, compared to the prior year, its parent company Canadian Tire Corp. reported Thursday morning. FGL's same-store sales rose 6.4 percent on top of 9.1 percent grow
Author: Charlie Lunan
Dorel’s Bike Business Comes Roaring Back in First Quarter
Dorel Industries reported sales at its cycling business rebounded strongly in the first quarter ended March 31, rising 18.1 percent to $240.3 million. The company said Cannondale Sports Group, which markets higher end bicycles, parts and accessories to th
Ergobaby, Fox Help Counter Down Quarter at Camelbak and Liberty Safe
Compass Diversified Holdings Inc., reported flat sales at its branded products segment in the first quarter as rapid growth of the Ergobaby and Fox Factory brands offset expected declines at Camelbak and Liberty Safe…
Weidman Takes Interim Director Position at Big City Mountaineers
Big City Mountaineers (BCM) has named long timer board member and former president Jeff Weidman as its new interim executive director…
Interbike Launches First Annual Awards Gala
Interbike will hold its first ever awards gala event Thursday, Sept. 11, 2014, from 6:30-9:00pm at the Mandalay Bay Convention Center. The Interbike Awards will honor achievements from the 2014 product year beginning in July 2013 and concluding in June 20
Accell North America Unveils New Sales Structure
Accell North America unveiled a new sales organization that will represent its recently reorganized businesses, including Raleigh and Lapierre bicycles and distributor Seattle Bike Supply…
Paldorje Education Fund to Help Chidren of 16 Sherpas Killed in Avalanche
Sherpa Adventure Gear, through its Paldorje Education Fund, is directing donations to the education of children of 16 Sherpa guides killed by an avalanche on Mt Everest. All donations received by May 31, 2014 will be dedicated to the schooling of the R
Big Agnes Fills New Product Designer Position
Big Agnes named Will McElwain to a newly created product designer position…
Fox Factory Downshifts in Second Quarter
Fox Factory Holding Corp.’s sales slowed as expected in the first quarter ended March 31 due to earlier shipments of its suspension products to mountain bike manufacturers…
Camelbak’s Strong Bottle Sales Can’t Offset Lapsed Military Contract in Q1
Camelbak’s sales decline 9.3 percent in the quarter ended March 31 compared with the first quarter of 2013 as strong sales of its bottles could not offset the loss of Hydration System sales to the U.S. Marine Corps. Camelbak's Military sales du
The Outdoor Foundation Targets Retailers in Latest Grant Program
The Outdoor Foundation launched Wednesday the Outsiders Ball Project Fund to encourage outdoor retailers to partner with local non-profits to compete for grants for outdoor programs that encourage youth in their markets to participate in outdoor recreatio
Ski and Snowboard Visits Off 1.3 Percent from 2012-13 Season
The National Ski Areas Association (NSAA) estimated that U.S. ski areas tallied an estimated 56.2 million skier and snowboarder visits during the 2013-14 season—a figure just shy of the 10-year industry average of 57.3 million, and down only 1.3 percent f
Fox Factory Sees No Signs of Weakness in High-End MTB Market
Fox Factory Holdings Corp. has seen no sign of slowing demand for its high-end forks and shocks among mountain bike manufacturers, its CEO told analysts last week…
Black Diamond Hews SKUS, Management on Equipment Side in Quest for Profitable Growth
Black Diamond, Inc. will significantly reduce SKU count of Black Diamond hardgoods and exit a few equipment categories altogether, as part of its ongoing realignment of resources around faster growing, higher margin products, CEO Peter Metcalf told securi
Cyclists of the World Unite – No Really!
Representatives of the European Cyclists' Federation have thrown their support behind an initiative to create a World Cycling Alliance (WCA), a worldwide network of non-governmental organisations that will advocate for cycling before international in
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