Citing growth in Europe, Garmin said its board of directors have approved moving the company's place of incorporation from the Caymans to Switzerland. If approved by regulators and shareholders the move will allow the company to be closer to its grow
Author: Charlie Lunan
Cicil Lombardo S.p.A. Expands to United States
Cycle Force Group will be the first company to bring Cicli Lombardo S.p.A’s unique bikes to U.S. customers when in introduces the brand in April…
Essilor Completes Acquisition of FGX International
FGX International Holdings Limited, which makes sunglasses under the Anarchy, Gargoyles, Ironman, C9 by Champion and Body Glove trademarks, announced that it has completed its merger with a subsidiary of Essilor International (“Essilor”) of Ch
VF Corp. to Open Panama Sourcing Office
VF Corp. will establish a supply chain office to manage purchasing in the Latin America region in Panama City, Panama by October, The Business Journal of the Triad Area reported…
Bikes Belong Launches National Campaign
Bikes Belong officially launched peopleforbikes.org – a brand new initiative to put more people on bikes more often and amplify the bike lobby's voice with electd officials. The campaign was unvieled this week at the National Bike Summit in Washingto
Gerber Recalls Machetes
Gerber Legendary Brands in cooperation with the U.S. Consumer Product Safety Commission is recalling 149,000 Gerber Gator Machete and 6,000 Cator Machete Jr. machetes due to reports of injuries…
REI Comp Sales Fell 3.5% in 2009
Comp stores sales at Recreational Equipment Inc. (REI) declined 3.5% in 2009, or less than the 5% decline the co-op had expected, the Seattle Times reported…
“Shift to Thrift” Not Going Away Any Time Soon
A “shift to thrift” by American consumers will not go away any time soon, according to a survey by AlixPartners LLP. In every retailer category this year, Product and Price were the two most important attributes, and Service was last—a vast change from si
Performance Bicyle to Open New California Store Next Month
Performance Bicycle said it will open its 27th store in California in Santa Rosa on April 9…
Taiwan Bike Makers Report January Sales Surge
Following last year’s 20% drop in bicycle exports, Taiwan’s top bike makers roared back with strong sales growth in January. Giant Global Group and Merida each reported January sales growth of…
West Marine Delays Earnings Release
West Marine, Inc. announced that it has delayed the release of its 2009 fourth-quarter and fiscal-year earnings release, as well as the related conference call and webcast scheduled to take place today (March 11, 2010) while working through final audit it
New Denver Venue Helps SIA Snow Show Set Attendance Record
SnowSports Industries America (SIA) is reporting a six-year attendance high for the inaugural Snow Show recently held at the Colorado Convention Center in Denver from Jan. 28-31, 2010. The sold-out Snow Show attracted 18,932 attendees and featured over 3,
Confluence Creates Dealer Sales Position
Confluence Watersports has hired Brad Taylor for the newly created position of director of field sales. Taylor will oversee the company’s U.S. field sales team to further develop their outdoor specialty dealer segment…
The Outdoor Recreation Group Launching Body Glove Packs and Luggage Line
Body Glove International has issued a license to The Outdoor Recreation Group to develop a new line of backpacks, luggage, totes and accessories for outdoor, water/extreme sports markets that will hit retail shelves this summer…
Summit Sports Rolls Out Two More Web Stores
Summit Sports Inc. has launched two new Web sites, Kayaks.net and BathingSuits.net, bringing to 13 the number of web store is now operates. The Bloomfield Hills, MI-based retailer offers more than 300 brands and operates four brick-and-mortar stores…
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