Dorel Sports’ Q4 Revenues Climb 14 Percent

Dorel Industries Inc. reported sales at its Dorel Sports cycling segment rose 13.8 percent in the fourth quarter. Demand for bikes remains strong with the gains held back by supply chain constraints that are limiting component availability. 

Vail Resorts Sees Improving Visitation Rates

Vail Resorts Inc. reported total visitation across its North American destination mountain resorts and regional ski areas were down 5 percent in the second quarter. Season-to-date total skier visits through March 7 were down 8.2 percent.

Garmont International Secures New Investor

Garmont International, based in Treviso, Italy, announced that Italian Strategy Private Equity (ISPE), managed by Riello Investimenti Partners Sgr Spa, has entered into the share capital of the company with a 65 percent stake in its shares. Of the remaining 35 percent, Pierangelo Bressan, current president and CEO, holds 30 percent and will continue in his present role.

Accell Group’s Sales Climb 17 Percent In 2020

Accell Group N.V. reported sales grew 17 percent in 2020, to €1.3 billion ($1.53 bn). The parent of Haibike, Koga, Batavus, and Raleigh said the gains were due to fast recovery after first lockdowns and sustained high demand for bicycles, parts and accessories across Europe.