Hawley-Lambert has agreed to acquire the parts & accessories division of Accell North America Seattle Bicycle Supply. The acquisition brings 14 new brands, available approximately May 1st, to Hawley’s growing portfolio of products in ...
Tags: U.S.P&A Business, Hawley-Lambert, Accell, Acquisition
Accell Group N.V. told its shareholders Thursday that sales and profits improved in the first months of 2014 compared with the same period of 2013 as favorable weather in Europe stimulated sales of its bicycles. "We have seen a positive ...
Tags: sports bikes, bike, Sporting Goods, Recreation
Accell Group expects revenue for full year 2013 to be up compared to 2012 despite lower preseason sales and rampant product discounting at the end of the season. The Dutch company, parent of Raleigh, Currie Technologies, Seattle Bike ...
Sport Chalet recently announced that it has partnered with First Bankcard, a leading national credit card issuer and division of First National Bank of Omaha, to launch a new Sport Chalet MasterCard. The program will allow customers to earn ...
Tags: sport, chalet, First Bankcard, launch, credit card, program
Len Cabaltera has left Reynolds' cycling division, where he was international sales and marketing manager, to become director of OEM sales at FSA, Lance Bohlen, FSA's managing director, said Thursday. Bohlen told Bicycle Retailer that he ...
Tags: Transportation, bike
Cardiovascular Systems, a US-based medical device company, has obtained a premarket approval from the US Food and Drug Administration (FDA) for its Diamondback 360 coronary orbital atherectomy system (OAS), designed to treat severely ...
With a goal of driving growth, Sport Chalet has announced its recent partnership with Cappello Capital Corp. as its exclusive financial advisor. Cappello Capital Corp. will work with the multi-sport retailer to execute a number of newly ...
Tags: Transportation, bike
Sport Chalet, Inc. is reporting a 2.8 percent sales decrease in its first quarter, which ended June 30, compared to the same period last year. Sales came in at $81.5 million, down from $83.8 million last year. The company's net loss for the ...
Tags: Transportation, bike, Sporting Goods, Recreation
Dick's Sporting Goods reported net income of $88.9 million for its fiscal second quarter ended Aug. 3, up 9.1 percent from the same period last year. Net sales rose 6.6 percent to $1.5 billion, while consolidated same-store sales decreased ...
Tags: Sporting Goods, Recreation
REI plans to open a new store in Knoxville, Tennessee, in fall 2014. The Knoxville store will be REI's second location in the state, joining a store in Brentwood. "As an outdoor retailer, REI is committed to inspiring and educating people ...
Tags: bike, Transportation
Accessory brand Knog said it has won an intellectual property fight in Australia against a Chinese factory. The litigation involved Knog's Australian patent on a silicone-strap LED headlight. Knog said the factory, which it did not name, ...
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
Sport Chalet Inc. posted fourth-quarter earnings Thursday, reporting a 6.8 percent increase in comparable store sales for the quarter ended March 31 compared with the same period in 2012. The company also reported a net loss of $2.3 ...
Tags: Transportation
Dick’s Sporting Goods reported net income of $60.5 million for its fiscal first quarter ended May 4, up 5.8 percent from the comparable period in 2012. Net sales rose 4.1 percent to $1.3 billion, while consolidated same-store sales ...
Tags: Net Income, Transportation, Dick
A former portfolio manager at the now defunct Diamondback Capital Management has been sentenced to 54 months in prison for crimes related to a multimillion dollar insider trading scheme involving computer maker Dell and hardware maker ...