The sporting goods segment generated a 1.8% sales gain in May to $6,906 million on an unadjusted basis, and 4.2% increase for the first five months of 2013 to $33,939 million. Clothing and accessory store sales were 3.8% higher in May on an ...
Tags: May, Sporting Goods
Dorel Industries will lay off 50 people worldwide across the recreational and leisure segment as a result of a soft first half, the company announced in a statement early Thursday. The segment includes Cannondale, Schwinn, GT, Mongoose, ...
Tags: Transportation, bike
The average bicycle retail store earns annual pre-tax profit of 5.5 percent, but the top 25 percent bring home nearly three times that. Is this really possible? If so, how do they do it? Aggressive marketing? Super staff training? ...
Tags: Bike Stores, Profit
First Flight Bicycles —a bike retailer that also manufactures Mountain Goat Cycles and operates an online and brick-and-mortar mountain bike history museum —?has added the legendary Hi-E component brand to its offerings. First ...
Tags: Transportation, bike
Lapierre Bicycles has hired Verde PR & Consulting to represent it for public relations and related support, the companies announced Monday. Lapierre is part of Accell Group, the Dutch-owned company that also owns?Raleigh?America, Raleigh ...
Tags: Bicycles, Transportation
Days after unveiling its second 27.5-inch-wheel bike released this spring—and closely following the introduction of Juliana Bicycles as its own separate line—Santa Cruz Bicycles took the wraps off the next generation of its ...
Tags: Transportation, bike
Sherwood Ross, better known in the industry as Jerry Ross, passed away Tuesday at the age of 92. Ross was an engineer and former president of Ross Bicycles, one of the top U.S. bike manufacturers from the 1950s to late 1980s. Through the ...
Tags: Transportation, Engineer, Ross Bicycles
Why to Choose Tricycles are typically used by children between the ages of two and four, after which point they usually switch to a bicycle, often with training wheels. Parents choosing a tricycle for their child should ensure ...
Tags: Ride on Toys, children's tricycles
A 13-year industry veteran, Nora Lohrenz has been promoted to the newly created position of bike sales manager for apparel maker Craft North America. Craft established the new post to better differentiate between efforts for its bike and ...
Tags: North America, Transportation, Bike Sales
Retail sales in April were down for a third consecutive month at independent bike shops, according to Leisure Trends’ RetailTrak IBD sales summary. Sales—bicycles and related parts and accessories—totaled $360 million for ...
Tags: Transportation, Leisure Trends, Sales
Delving deeper into 27.5-inch wheels, Santa Cruz Bicycles has introduced the new Solo model in carbon and aluminum versions for the tweener hoop size. The Solo boasts 125 millimeters of travel—compared with 150 millimeters for Santa ...
Tags: Tweener, Transportation, Santa Cruz
Outdoor footwear brand Keen has brought Mike Abbott on board as its president. Abbott assumes the new job July 8. He comes to the company with nearly two decades of experience in global operations, most recently as chief operating officer ...
Tags: Keen, Transportation, COO Mike Abbott
Icebreaker, the New Zealand company that pioneered the outdoor merino wool apparel category, announced that Sven Baxmann has joined the Icebreaker team as Germany Country Manager. Baxmann is responsible for strategically developing and ...
Tags: Apparel, Accessories
German trade show organizer ISPO has named one overall and seven category winners of its biannual "Bike Industry’s Best Start Ups" awards. The eight winners were selected from 188 entries, with the majority of product submissions ...
Tags: ISPO, Transportation, German
Bikeian, a McLennan, TX, retailer formerly known as Bicycles Outback, field for voluntary Chap.7 bankrupcty last month. The business, which generated revenues of $872185 in 2012, owes $371,015 to unsecured creditors. The top trade creditors ...
Tags: Texas Bike, Sporting Goods