Just weeks after cycle advocates made their annual pilgrimage to Washington D.C. to lobby Congress for greater support of cycling, the Washington Area Bicyclist Association (WABA) announced it had found government support of another sort. WABA said it has
Author: Charlie Lunan
Everlast Elevates Geisler to Acting President Role
Everlast Worldwide Inc. named Adam Geisler as acting president of the company. The move follows last September's sale of Everlast to Brands Holdings, a subsidiary of U.K. retailer, Sports Direct. Former Everlast CEO and president Seth Horowitz has jo
Sport Supply to Switch to Nasdaq
Sport Supply Group, Inc. plans to transfer the listing of its common stock from the American Stock Exchange to the NASDAQ Stock Market…
Dick’s Sponsors Fox Soccer’s Season Preview
Fox Soccer Channel will air its 2008 MLS Season Preview Show, presented by Dick’s Sporting Goods on Sunday, March 23, at 8:00 p.m. ET. The show will close with host Max Breto's predictions for the 2008 season and a preview of Fox Soccer Channel’s ope
Late Snow Cuts Ski Visits 5.3% at Vail Resorts
Vail Resorts Inc.'s said late snow reduced ski visits – not including season pass holders – by 5.3% at its five western ski resorts in the second quarter ended Jan. 31. However, the company said ski lift revenues that were off 13.6% in the early part
Schwinn Inks Historic Deal with Team in Training
Schwinn Bicycles signed a deal with The Leukemia & Lymphoma Society's Team In Training (TNT) to become its first-ever national bicycle sponsor. With the help of its dealer partners nationwide, Schwinn will provide relevant cycling information, bicycl
Hi-Tec Hires New Sales Execs in Europe
Global sports footwear brand HI-TEC has hired two sales directors in Europe. Ian Cameron has been promoted to UK sales director, replacing Glenn Bennington who has left the company. Lee Devon has been appointed in a brand new role as European sales direct
Spyder Outsources Distribution to Cloudveil’s Vendor
Spyder Active Sports, Inc, is scaling back its presence in its hometown of Boulder, Colo. as part of its integration with recently acquired Cloudveil Mountain Works. Spyder is shifting all distribution to an outsourced provider used by Cloudveil in Maryla
Vail Resorts Names Las Vegas Veteran to Board
Vail Resorts appointed John T. Redmond – an executive with more than 20 years experience in Las Vegas' hospitality industry – to it board of directors, effective immediately…
Trek Founder Dick Burke Dies at 73
Trek Bicycle Corporation is mourning the loss of Richard “Dick” Burke, the company’s co-founder and chairman, who died in a Milwaukee hospital late Monday night of complications from cardiac surgery. He was 73. A gifted and accomplished businessman, it’s
Eddie Bauer Comps Rose 4.8% in Q4
Eddie Bauer Holdings, Inc. said comp store sales rose 4.8% in the fourth quarter and would have risen more if not for weak outlet store sales. Total revenues rose 2.7% at the retailer of outdoor lifestyle apparel. CEO Neil Fiske said EBHI made good progre
Polartec Hires bluesign to Evaluate its Processes
Polartec, LLC has entered an agreement with Bluesign Technologies AG to evaluate and approve its manufacturing processes for environment, health and safety (EHS) issues…
AAA Backs Chicago Bike Ordinance
AAA Chicago has thrown its support behind a proposed City of Chicago ordinance that would impose strict fines on motorists whose actions endanger bicyclists. According to the Illinois Department of Transportation, in 2006 in Illinois, 24 bicyclists were k
Fox Factory Parent Narrows Losses
The public holding company that acquired mountain bike suspension maker Fox Factory in January dramatically narrowed its losses in the fourth quarter and said it increased its cash flow available for distribution by nearly 81 percent.Compass Diversified H
Dorel Reports Bike Sales up 10%
Dorel Industries Inc. said bicycle sales drove a 10 percent increase in sales by its recreational/leisure segment, which makes Pacific, Mongoose, GT and Schwinn bicycles. While declining to provide earnings guidance for 2008, Dorel CEO and President Marti
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