Gildan Activewear raised third quarter and fiscal year earnings guidance and the company now expects diluted EPS for the third quarter to be at least 10% above its most recent guidance of approximately 50 cents per share. Gildan has already raised its gui

Just Two Bikes in Hugo, Minn. was acquired by the company’s sales and marketing manager, Jim Dugelman, and Dale Hedstrand, president of Focal Point Financial Services. They have acquired the firm for an undisclosed sum from Jim Muellner, who founded JTB i

Following their recent acquisition of Watermark’s watersports division, Confluence has finalized the positioning for its brands, creating a structure that is designed to allow the company to distribute multiple brands across multiple channels. For any man

Rolf Prima is recalling Vigor and Elan rear wheels made in 2003, because the freehub mechanism can malfunction causing a loss of resistance when pedaling. No injuries have been reported, but the defect could cause riders to lose balance and fall. The faul

In a move that took many in the specialty run and bicycle apparel industry by surprise, Cannondale announced that it will acquire Sugoi Performance Apparel for an undisclosed amount. This is an especially curious move by Sugoi, who has been consistently g

Rolf Prima is recalling 2003 Rolf Prima Vigor and Elan rear wheels because the freehub mechanism can malfunction causing no resistance when pedaling. Although no injuries have been reported, this could cause riders to lose balance and fall. These 2003 Rol

Nautilus Inc., in cooperation with the U.S. Consumer Product Safety Commission has issued a voluntary repair recall of about 10,000 Nautilus NT 1020 Exercise Benches. The company is requesting that consumers stop using the exercise benches immediately an