Amer Lowers FY Guidance, Exploring Sale of Mavic

Amer Sports said it is currently exploring alternatives in respect of its cycling business Mavic, including a divestiture. It also warned that current estimates for FY09 are “too optimistic” given current economic conditions while unveiling a €150 m

BIKE EXPO 2010 to be held in July

BIKE EXPO 2010 in Germany will be held from July 22nd to July 25th. Messe München GmbH, the organizers, said the dates were confirmed in several meetings with industry representatives…

LL Bean Hires Designer to Create Signature Line

L.L. Bean plans to launch a hipper, more stylish collection under the name L.L. Bean Signature. The line, for men and women, is being designed by Alex Carleton, the founder of Portland-based Rogues Gallery, a popular line of urban clothing…

Golf Datatech: Golf Rounds Played Flat in July

According to Golf Datatech, rounds played in July were flat for the month of July compared to July 2008 and are up 0.2% on a YTD basis. Public access courses were up 0.1% in July while private courses were down 0.4%…

Outdoor Research Lauded for Eco-Packaging

Outdoor Research announced that during the First Session of the 111th Congress, the Honorable Jay Inslee, US House of Representatives for Washington State, recognized Outdoor Research for their efforts on environmentally conscious packaging…

Cash for Clunkers Reaches Cycle Shops

At least two cycle shops have come up with their own version of the Cash for Clunkers car rebate program. Joe Bike in Southern Portland and the Ski & Bike Shop in Grand Forks, North Dakota are both offering bike discounts in trade-in deals…

Usaijn Bolt Boosts Puma

The record-breaking wins by Usain Bolt at last week's track and field world championships in Berlin has been a boon for Puma. Speaking to Bloomberg News, Chief Executive Officer Jochen Zeitz said, “The products we have created for the world champions

Finish Line Forms E-Commerce Division, Appoints President

The Finish Line, Inc. has established a division to focus exclusively on its growing e-commerce channel. The new e-commerce division will be headed by 21-year company veteran Donald E. Courtney, who has been named president, e-commerce, effective immediat