Guru Apologizes to Cervelo

Cervélo Cycles announced that their slander action
initiated against Guru has been settled. As part of the settlement Guru’s president Tony Giannascoli has offered a written apology in which he apologizes for “untrue statements” made by his sales staff. H

Life Link Adds Bert Hopp to Rep Force

Life-Link Backcountry Travel has appointed Bert Hopp, President of Hopp Outdoors LLC, as the new sales representative for Michigan, Indiana, Ohio and Kentucky.
Bert has extensive experience in Outdoor Industry Sales, as well as Life-Link Bert represents:

Galyans Opens Denver Area Store

Galyans Trading Company is set to celebrate the grand opening of its 84,000 square foot sports and outdoor adventure store April 30 at Belmar Center, a newly developed lifestyle center six miles west of downtown Denver. The store is the fourth in Colorado

GoLite and Timberland Team Up for Adventure Racing

GoLite and The Timberland Company are teaming up to co-sponsor one of the most experienced adventure racing teams in the sport. Team GoLite/Timberland will be racing in 2004’s major professional adventure races, including the Subaru Primal Quest, the Raid

Pacific Acquisition Helps Dorel Boost Q1 Sales 41.5%

Dorel Industries posted a record quarter in sales citing
continued organic growth at Dorel Juvenile Group USA and the benefits of Pacific Cycle. Total revenues for the first quarter ended March 31, 2004 were up 41.5% to $391.8 million, compared to $276.9

Garmin Reports 28% First Quarter Sales Increase

Garmin's revenue for Q1 2004 increased 28% to $158.3 million from $123.8 million last year. Net income was $34.7 million, or 32 cents diluted EPS, compared to $41.5 million or 38 cents diluted EPS last year. Q1 net income included a $7.6 million fo

Brian Reed Joins Alpha Golf as Nat’l Sales Mgr.

Alpha Golf announced the addition of Brian Reed of Los Angeles, Calif., as its new national sales representative who will be dedicated to driving the Alpha Golf brand among major golf retailers and distributors throughout the country.

Insurance Problems Impact Dorel’s EPS

Due to a dispute with one of its insurance carriers over the aggregate amount of insurance available to the Company, Dorel Industries is recording a charge for liability claims in the amount of US$6.5 million pre-tax in the first quarter ended March 31, 2