Dorel Industries Inc. reported revenues at its Recreational/Leisure segment, which owns the Cannondale, Schwinn and Sugoi cycling brands, rose 18.8% in the third quarter ended Sept. 30 to $172.5 million…
Author: Charlie Lunan
Highgear Co-sponsors Ultra Running Team
Outdoor electronics brand Highgear signed on as a 2011 sponsor of Team Pearl Izumi – Smith, an elite group of endurance runners who compete in over 60 of the country’s top long distance races…
SpendingPulse: Apparel Spending up 8.2% in October
Overall year-over-year apparel and footwear sales 8.2% and 5.9% respectively in October, according to according to MasterCard Advisors’ SpendingPulse. By comparison, spending in the Consumer Electronics and Appliances segment declined by 3.1%…
OR Winter Demo to Be Held at Solitude Mountain
Outdoor Retailer will hold its annual All Mountain Demo (AMD) Jan. 19, 2011 at Solitude Mountain Resort in conjunction with the Outdoor Retailer Winter Market show in Salt Lake City Jan. 20-23. Rooms at the resort are now available at discounts of neary 3
YMCA Lands $250,000 Outreach Grant from RBFF
Twenty Ys will receive a $10,000 grant to provide financial assistance to underserved communities to participate in outdoor recreation and conservation programs thanks to a $250,000 grant from the Recreational Boating & Fishing Foundation…
Gramicci Hopes Near Sourcing Will Accelerate Growth
Gramicci moved Oct. 1 to new offices and a studio in Aguoura Hills, CA in time for the launch of its Gramicci Replenishment Program (GRP), which it hopes will accelerate growth. GRP is designed to speed up replenishment of the company's G-Series prod
ComScore Reports Q3 OnLine Sales Up 9%
ComScore, Inc. estimated third-quarter e-commerce sales in the United States rose 9% to $32.1 billion in the third quarter versus year ago. That marked the fourth consecutive quarter of positive year-over-year growth following a year of flat or negative g
Cannondale, Shimano Employee Pro Deals to Support Bikes Belong
Cannondale and Shimano have aligned with Fuji, Giant, Specialized, and Trek to fund the Bikes Belong Grant Program by participating in the Employee Pro Purchase Program. These companies collect a…
30th Specialized Shop to Open in Portland, OR
Two entrepreneurs will open the 30th Specialized Concept Store in the country and the first in Portland, OR in time for the holidays, reports bikeportland.org…
Descente Profits Fall on Flat 1H Sales
Descente Ltd, the Japanese apparel company, reported sales reached ¥36.7 billion ($413.2 mm) for the six months ended Sept. 30, or essentially flat with the same period a year ago. Operating income declined 1.3% to ¥1.65 billion ($18.5 mm) while net incom
Notogroup Adds Senior Recruiter
Notogroup, the executive search firm led by veteran recruiter Roy Notowitz, has added senior recruiter Karen Kinared to the growing firm…
Primal Wear Sweetens Terms for Shop Kits
Primal Wear launched their their Retailer Custom Apparel Program, which requires no upfront fees for design and production services, as well as net 30 terms. The program is designed to allow get IBDs fully branded shop kits within six weeks without creati
CPSC Solicits Comments on Bike Regulations
The Consumer Product Safety Commission (CPSC) is soliciting public comment on a proposal to amend its bicycle regulations in 16 CFR Park 1512 based on input provided earlier this year from the Bicycle Products Suppliers Association…
Spyder Names Rep Agency in California
Spyder Active Sports appointed Craig and Kristi Wingard as the independent sales rep agency for California. The couple already represent Volkl, Marker and POC…
Amer Sports Names CFO to Replace Paalanne
Amer Sports' Senior Vice President, Finance Jussi Siitonen has been appointed CFO of Amer Sports as of Jan. 1, 2011 to replace the current CFO and Executive Vice President Pekka Paalanne, who will retire…