Dorel Sports said demand for its premium Cannondale bikes overseas helped it grow currency-neutral sales and earnings in the first quarter, while bicycle sales to US big box retailers got off to a slow start. While, the decline of the euro, yen and pound
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West Marine to Open Chicago Hub in April
West Marine will soon open its new 20,000-square-foot store in Chicago that will serve as its flagship location and wholesale hub for the Midwest…
Mass Channel Drives Dorel Sports Q4 Growth
Dorel Industries Inc. said Pacific Cycle, which sells bicycles, parts, accessories and toys to mass merchants, led its Dorel Sports segment to its fourth consecutive quarter of growth in the quarter ended Dec. 31…
Dorel Sports Organic Sales Up 8 Percent in Fourth Quarter
Dorel Industries Inc. reported sales at its Pacific Cycle business outperformed its Cannondale Sports Group (CSG) in the fourth quarter of 2014 and will likely continue to do so through the second quarter of 2015 due to a sharp rise in the value of dollar
Dorel Sports Assigns Ingrao to Key Sporting Goods Accounts
Dorel Sports has named Adam Ingrao vice president, key accounts, where he will lead the company’s efforts with such North American retailers as Sport Chek, Dick’s Sporting Goods, Performance Bike and REI…
Dorel Industries Warns Strong Dollar Will Hurt Earnings This Year
Dorel Industries Inc. stated that the surge in the value of the U.S. dollar versus the majority of the company's other operating currencies is expected to have a significant negative effect on earnings through 2015…
Westcomb Names New Sales Reps
Westcomb is broadening its capacity to serve retailers in Western Canada in addition to signing a new agency to manage growth in New England…
Dorel Sports Expands into Chile
Dorel Sports continued to expand its bicycle business in South America Wednesday by opening a subsidiary in Chile and acquiring one of its dealers there…
Dorel Sports Expands into Chile
Dorel Sports continued to expand its bicycle business in South America Wednesday by acquiring a bike dealer in Chile and opening a subsidiary in the country that will lead sales, marketing, distribution and customer service for all its brands, including C
Cannondale Buys Stake in Slipstream Sports LLC
Cannondale will become part owner, title sponsor and technical bicycle sponsor for the U.S-based Slipstream Sports LLC's professional cycling team in 2015. Slipstream will manage team operations. Garmin, a key partner of Slipstream Sports since 2008
Dorel’s Bike Segment Swings to Q4 Loss on Restructuring Charges
Dorel Industries reported its Recreational/Leisure Segment lost $5.4 million in the fourth quarter after taking mostly non-cash restructuring charges that reduced its overall earnings by nearly 43 percent. While the segment's revenues increased 8.3 p
Dorel’s Rec/Leisure Segment Swings to Q4 Loss
Dorel Industries reported that restructuring its $918- million-a-year bicycle business reduced its net income by about half, or $8.2 million, in the fourth quarter. The $13.5 million pre-tax restructuring charges and costs resulted in an operating loss of
PS Brands Partners to Make High Sierra Socks
Samsonite LLC has signed a new multi-year license agreement with U.S-based PS Brands for the company to produce High Sierra casual, outdoor and performance socks in the North American market…
Spyder Finds Growth Partner
With a new owner and mega-sourcing partner, Spyder is set to jumpstart its growth. The buyer, Authentic Brands Group, LLC, has big plans to expand Spyder’s sportswear offerings while entering the footwear category.
Dorel’s Bike Q2 Operating Margins Plunged in Q2
Dorel Industries Inc. joined the chorus of outdoor product companies attributing disappointing but expected second-quarter results to the late arrival of spring across United States, Canada and Europe…
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