The Canadian International Trade Tribunal has completed a global safeguard inquiry into the importation of bicycles and finished, painted bicycle frames. The Tribunal’s decision supported an earlier claim made by the Canadian Bicycle Manufacturers Associa
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Shimano First Half Sales Flat…
Shimano’s second quarter did not meet expectations, with sales only climbing 1.4% to ¥42.5 billion ($395.9 mm) compared to ¥41.9 billion ($383.1 mm) last year.
Sales of bicycle components accounted for 70.7% of sales, or $279.9 million, a 1.6% increase o
Bush Signs SAFETEA-LU Bill; Provides Funding For Recreation…
The Safe, Accountable, Flexible, Efficient Transportation Equity Act-Legacy for Users (SAFETEA-LU) was signed into law by President Bush last month, providing $612 million for Safe Routes to School, $370 million for Recreational Trails, and $893 million f
DSW Sees Q2 Sales Jump 17.8%, Net Up 4.5%
DSW Inc. announced a 4.5% increase in net income of $9.3 million for the second quarter, compared with $8.9 million last year. Net sales for the quarter were $276.2 million, a 17.8% rise from $234.4 million during last year's second quarter. The seco
CamelBak and Mystery Ranch to Partner on Military Programs…
CamelBak agreed in principle to a strategic partnership with Mystery Ranch Backpacks to design and manufacture pack and hydration systems for the military, special operations, and elite tactical markets. Under the agreement, Mystery Ranch and CamelBak wil
K2 Sports Hopes to Serve Broader Bike Market with K2 Bike Licensee…
K2 Sports entered into a multi-year agreement with World Wide Cycle Supply to license K2 Bikes. As part of the agreement, WWCS will design, manufacture, market and distribute K2 Bikes. K2 Sports will discontinue all bicycle operations and transfer the exi
Kellwood Sees Q2 Strength in Outdoor Brands…
Kellwood Company, parent company to Kelty, Sierra Designs, and Slumberjack, reported relatively flat top-line sales during the second quarter, but the bottom line slipped into the red due to extensive restructuring charges. The restructuring did not have
The North Face Ramps Up Its Footwear Efforts; Brings RandD In-House…
The North Face recently created a new, separate footwear department within their Research, Design, and Development infrastructure. The new footwear division will operate as a separate department with a new position – VP of Footwear – being established, re
Taiwan to Own Half of Global Carbon-Fiber Bicycle Production in 2005…
The China Economic News Service is reporting that Taiwan will produce roughly half of all carbon fiber bicycles in 2005. At least two Taiwan carbon-fiber bicycle-frame makers are planning to expand their capacities to meet the increasing global demand, i
Water Girl and Patagonia Ocean Form Watersports Apparel Division…
Water Girl and Patagonia’s Ocean Division have merged and will work together to create a full offering of swimwear, sportswear, and water-specific clothing for men and women. Water Girl will continue to follow in Patagonia’s footsteps, aiming to “make the
Western States Take USFS to Court Over Roadless Rule…
California Attorney General Bill Lockyer and Patricia Madrid, Attorney General of New Mexico joined Oregon Governor Ted Kulongsoki in a lawsuit filed in U.S. District Court in California against the U.S. Forest Service to restore protection for wild fores
Zumiez Sees Strong Comp Sales Gain for August…
Zumiez Inc. mirrored the gains in the teen sector, posting a 9.4% comp sales increase for the month versus a 3.3% decline in the year-ago period. Total sales increased 25.1% to $24.7 million from $19.7 million for the year-ago period. Comps were actually
NRF: Katrina Could Make Rail Shipments Face Delays
Hurricane Katrina’s devastation at the Port of New Orleans isn’t expected to have a major impact on the maritime shipment of retail goods, but could cause slowdowns in railroad operations that will make it take longer to move retail goods out of other por
G.I. Joe’s Foundation Give Over $500,000 During Three Year Existence
The G.I. Joe’s Foundation established just three years ago has to date made donations totaling over $500,000. Mary Ann Bauer, administrator of the G.I. Joe’s Foundation, stated that there were 152 grants made in the last year that reached over 100,000 you
CU-Boulder Extends Partnership With Nike
The University of Colorado Athletic Department and Nike, Inc., have reached an agreement to extend their partnership that started in 1995, announced CU athletic director Mike Bohn. The agreement, effective next July 1, when the current five-year deal ends
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