SGB Update Outdoor

RECALL: Specialized Bicycles

About 63,000 bicycles with steerer tube collars from Specialized Bicycle Components are being recalled. The bicycle’s steerer tube collar can crack if exposed to corrosion resulting in sudden loss of steering control, posing fall and injury hazards to the rider.

SRAM Acquires PowerTap

SRAM announced the acquisition of the PowerTap line of bicycle power meters from Saris. The PowerTap product line includes the PowerTap P2 Pedal power meter system and the PowerTap G3 Hub power meter line.

MEC To Open Flagship In Toronto

MEC, the leading outdoor retailer in Canada, confirmed its relocated Toronto flagship store will open April 13, 2019. MEC will occupy two levels of the 54,000-square-foot development located at 300 Queen Street West, offering the 490,000 co-op members in the Greater Toronto Area (GTA) a wider assortment of products and services.

Big Agnes Makes New Hires

Big Agnes Inc., the Steamboat Springs-based outdoor brand, announced a batch of new hires, growing its product, repair, dealer services and employee engagement teams.

New Initiative Underway To Grow Vermont’s Outdoor Business

A new initiative is underway to network, grow and raise awareness of Vermont’s diverse businesses, large and small, that help make the state a leader in outdoor recreation. Vermont is home to a number of outdoor brands, including Orvis, Burton, and Darn Tough.

Mammut Sees Healthy Growth In 2018

The Conzzeta Group, based in Switzerland, reported that its Outdoor segment (Mammut Sports Group) generated net revenue of CHF 253.4 million in 2018, up 10.9 percent, with double-digit growth in all three regions, Europe, America and Asia.

L.L.Bean Community Award Recipients Rewarded

L.L.Bean in partnership with The Trust for Public Land, announced the recipients of the first L.L.Bean Community Fund Award, supporting projects in 2019. Projects in Cleveland, Chicago and Boston will each receive $50,000 grants for public park and green space enhancement.

Trust Performance Announces Industry Purchase Program

Trust Performance, the specialist in bike suspension technology, announced the rollout of its industry purchase program to give cycling and outdoor industry employees exclusive discounts on Trust Performance products.

REI To Open Store In Columbia, SC

REI Co-op is adding its second location in South Carolina in spring 2020 with a store in Columbia’s BullStreet District. The new 20,000-square-foot space will join the co-op’s existing location in Greenville, which opened in 2011.