Enviolo Acquired By PE Firm
London-based private equity group Inflexion has signed a definitive agreement to acquire Enviolo Inc., the maker of stepless gear drivetrain components used primarily on e-bikes.
Kinona Announces New Hires And New Retail Partnerships
Kinona announced it has hired Kirsten Wlaschin as director of e-commerce and Bill Evans as national sales manager. The golf apparel company also announced a new retail expansion into Nordstrom.com and Dillard’s.
Kinsey’s Appoints Director Of Dealer Sales
Kinsey’s recently hired Phillip Dixon as its new director of dealer sales. With the current growth in archery and recent expansion into Federal Firearms License (FFL) distribution, the appointment will help support Kinsey’s growing customer base.
Shimano’s Sales Climb 45 Percent In 2021
Shimano Inc. reported sales in 2021 increased 44.6 percent from the previous year with operating income climbing 79 percent.
ASB Sports Rebrands As Game One
ASB Sports, the Holland, OH-based team dealer, announced a rebrand under the name, Game One, that will consolidate its eight-owned dealers.
Slinger Completes Gameface.AI Acquisition
Slinger announced the finalization of its acquisition of Gameface.AI, an artificial intelligence technology provider for sports.
Mizuno Posts Record Profits In Nine Months
Mizuno Corp. said its operating profits reached their highest levels in the nine months through December 31 since quarterly disclosure started in FY08. Sales rose 17.0 percent in the period, led by the Americas and EMEA.
Delta Apparel Reports Record First Quarter Results
Delta Apparel, Inc. reported earnings more than tripled in the first quarter ended January 1 as sales grew 17 percent. Sales increased 16 percent in the Delta Group segment and 24 percent at Salt Life.
ABUS Appoints VP Of Sales And Marketing
ABUS Mobile Security, a provider of bicycle locks, helmets and bags, hired Brian Orloff as vice president of sales and marketing.
Orvis Appoints Chief Brand Experience Officer
Orvis appointed former Athleta CMO Sheila Shekar Pollak to the newly created role of chief brand experience officer.
K2-MDV Holdings To Become “Elevate Outdoor Collective”
K2-MDV Holdings announced effective immediately Elevate Outdoor Collective is the new name for the parent company of all K2 Sports and MDV brands, including K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, RIDE Snowboards, LINE Skis, Backcountry Access, Atlas Snow Shoe Co., Tubbs Snowshoes, Madshus and K2 Skates.
Krimson Klover Promotes Dumont To VP Sales
Krimson Klover announced it promoted Victoire Dumont to the newly created vice president of sales position.
Peloton’s John Foley To Step Down As CEO
Peloton CEO John Foley will step down as CEO, moving to the role of executive chair, and be replaced by Barry McCarthy. The embattled connected-fitness cycling giant also cut revenue guidance to as much as $3.8 billion, down from $4.8 billion, amid a major restructuring and revealed plans to cut 2,800 jobs or about 20 percent of its corporate workforce.
Descente Revenues Climb 15 Percent In Nine Months
Descente reported an operating profit against a loss in the nine months through December 31 on a 15.1 perfect revenue gain.
Golftec Opens Club Fitting Center In Singapore
Golftec announced its continued international expansion by opening an instruction and club fitting center in Singapore.
