Bird Rides and Lime, two of the leaders in the shared electric scooters space, have reduced their fundraising ambitions due to investor concerns over durability, vandalism, regulatory hurdles and heightened competition, according to a report in the Wall Street Journal.

The PeopleForBikes Coalition board of directors approved eight grants to improve places for bikes, welcomed a trio of new board members and discussed 2019 priorities at its semi-annual meeting Nov. 29 in Boulder, CO.

Burley Design,  known for itsoutdoor recreational transport gear, is sponsoring the Free Bikes for Kidz initiative in the local Eugene and Springfield community to distribute bikes to children in need.

Johnson Outdoors announced all-time high revenue and earnings for the second consecutive fiscal year. Strong marketplace demand for new products in the company’s core Fishing and Diving brands propelled an 11 percent increase in sales as operating profit grew 38 percent and net income rose 16 percent over the prior fiscal year. The seasonally slow fourth quarter net sales nearly equaled prior year results.

Vail Resorts widened its loss in the first quarter but noted that season pass sales through December 2, 2018 for the upcoming 2018/2019 North American ski season increased approximately 21 percent in units and 13 percent in sales dollars.

Fischer Sports GmbH, one of the world’s largest ski manufacturers, announced a restructuring of the U.S. subsidiary based in Auburn, NH effective immediately. Fischer global CEO Franz Foettinger assumes oversight of the U.S. organization in the wake of the departure of former U.S. CEO, Ryan Leach.