Dorel Reaches Agreement To Go Private

Dorel Industries Inc. announced that it has reached an agreement in principle regarding a transaction whereby Dorel would be taken private by a buyer group led by affiliates of Cerberus Capital Management, L.P. and family shareholders, including Martin Schwartz, Jeffrey Schwartz, Alan Schwartz and Jeff Segel.

WizWheelz Makes Key Hires

WizWheelz, the parent company of recumbent bike brands TerraTrike, GreenSpeed and KMX has expanded its operations and marketing team with key hires. 

Zumba And Strong Nation Receive Spirit Of Fitness Award

The National Academy of Sports Medicine (NASM) and the Athletics and Fitness Association of America (AFAA) recognized Zumba and Strong Nation with its first Spirit of Fitness Award during their annual Optima Fitness and Wellness Conference. Laurie McCartney, president of Global Fitness & Wellness Solutions for Ascend Learning, the parent company of NASM and AFAA, […]

Inside The Call: Under Armour To Shrink Wholesale As Turnaround Gains Traction

Under Armour reported third-quarter results that far exceeded expectations with the aid of strength in footwear and women’s, provided a rosier outlook for the holiday quarter and said it’s on track to deliver slightly positive EPS in 2021. New developments include plans to sell MyFitnessPal and exit certain undifferentiated wholesale distribution, primarily in North America, starting next year.