PAI Partners, the Paris-based private equity firm that acquired Europe's largest outdoor retailer in February, is considering acquiring U.K. Trek and Specialized dealer Evans Cycles from a British PE firm, The Telegraph reported March 27. ...
Dorel Industries reported that its Recreational/Leisure Segment lost $5.4 million after mostly non-cash restructuring charges that reduced its overall earnings by about half. Dorel warned investors in early February that continued ...
Tags: Dorel Industries, Sporting Goods
Seattle Bike Suppy has hired?Dirk Sorenson as marketing manager, the senior member of the distributor's marketing department. Sorenson's 15-plus-year marketing career includes an extensive background working with leading action sports and ...
Tags: Bike, Transportation
Chicago triathlon specialty retailer Element Multisport is looking to serve a broader customer base with its new store, Element Cyclesport, in Oak Park, Illinois. Owner Chris Vassiliades, a triathlete who has competed in Olympic-distance ...
Tags: bike dealer, bike, bike brand