Giant Launches Momentum Lifestyle Bikes
Giant officially launched its Momentum brand of neighborhood bikes that sell for an average retail price of just $425 Monday in a major initiative aimed at helping its dealers become more relevant to less affluent consumers…
RECALL: 200 Felt Cruiser Bikes
Felt Bicycles of Irvine, CA recalled about 200 of its Felt Cruiser bicycles because their brakes can fail and pose a crash hazard…
Under Armour-Sponsored Stephen Curry Wins NBA MVP Award
Under Armour took little time to honor Stephen Curry's win of the NBA's MVP award that was announced on Monday. The front page at UnderArmour.com included a picture of Curry with the proclamation “Congratulations, Stephen Curry. 2014-2015 KIA NB
REI Donates $100,000 to Green Lane Project
Specialty outdoor retailer REI (Recreational Equipment, Inc.) has awarded $100,000 to PeopleForBikes to expand its Green Lane Project, which helps U.S. cities build better bike lanes to create safer streets and better communities…
Sturm Ruger’s Profit Drops But Demand Improves
Sturm, Ruger & company, Inc. reported net sales of $137.0 million and fully diluted earnings of 81 cents per share, compared with net sales of $169.9 million and fully diluted earnings of $1.22 per share in the first quarter of 2014…
Luxottica’s Q1 Revenues Climb Double-Digits
Luxottica Group, the parent of Oakley and Sunglass Hut, reported sales rose 22 percent in the first quarter while profits rose 34 percent…
Big 5 Announces Board Changes
Big 5 Sporting Goods announced it will revise its slate of director nominees for election to the company's board of directors at its 2015 annual meeting of stockholders after reaching an agreement with Stadium Capital Management…
Detroit Bikes Opens First Store
Detroit Bikes, which manufactures bikes in Motor City, will open its first retail location May 8 at 1216 Griswold in Detroit.
Rising Costs Worry Garmin Analysts
Rising advertising and R&D expenses at Garmin Ltd.’s Fitness and Outdoor segments came under scrutiny during its first quarter earnings call last week, when analysts pressed executives on how long the company would have to sustain higher spending le
USA Cycling Names Wiggle Executive as Next CEO and President
USA Cycling late Thursday named Derek Bouchard-Hall, a Harvard MBA and executive at UK-based online bike dealer Wiggle, as its next CEO & President…
Columbia’s Q1 Yields Upside Surprise
Columbia Sportswear Company cheered investors last week when it said it expects operating margins to hit double digits for the full year following stronger than expected first quarter sales of Columbia and Sorel gear…
Mountain Khakis New Owners Say Brand Has Reached Inflection Point
The investment company that acquired Mountain Khakis last week sees no need to change the outdoor apparel brand’s growth priorities, according to an interview with one of its principals…
White Sierra Launches New E-Comm Site
White Sierra launched their new e-commerce website on May 1, 2015…
VF Corp Lifts Outlook Despite Q1 Profit Dip
Led by a 10 percent gain at its Outdoor & Action Sports coalition, VF Corp.’s sales on a currency-neutral basis grew 8 percent in the first quarter. But like many companies with a big international presence, reported results were dinged by the stren
Puma Debuts First Rihanna Ad
Puma unveiled its first ad starring pop star Rihanna on social media with a caption, “An icon who does it all needs a shoe that can keep up. Introducing the Pulse XT, worn by @badgalriri.#ForeverFaster.”…
