Court dismisses shareholder lawsuit against Fox Factory
The suspension specialist just scored a legal win, but the shareholder lawsuit over alleged post-pandemic inventory issues might not be over yet.
Thule to ratchet up product development, supply chain efficiency
The Sweden-based manufacturer of transportation, outdoor and camping gear boosts revenues and expands product lines, navigating market hurdles with strategic priorities for fiscal year 2025.
Thule Group named among Top 50 global sustainable companies
The Swedish outdoor gear company secures first place in the Consumer Durables category with a “Negligible Risk” ESG rating.
Pierer Mobility reports losses and new leadership
The Austrian company faced challenges in 2024, reporting a 29% revenue drop and restructuring. Gottfried Neumeister takes over as CEO.
Thule Group expands shares following acquisition of Quad Lock
The Swedish outdoor lifestyle brand updates its share count and capital structure following its latest strategic acquisition, enhancing its market position.
Pierer Mobility AG initiates major restructuring efforts
An investment bank has been commissioned to support the restructuring and the search for investors.
Dometic announces global restructuring program, lays off 500
The Swedish specialist for mobile living solutions announces strategic changes to streamline operations, focus on growth and adapt to challenging market conditions.
Segway expands into e-bikes with dealer-centric model
The micromobility brand unveils its first e-bikes and a dealer-focused sales model for the US, aimed at revolutionizing the cycling retail experience.
Thule Group acquires Quad Lock
The Swedish group expands its portfolio with the strategic acquisition of the Australian phone mount specialist.
Despite declines, Clarus sees improvement in outdoor and adventure
Revenue shifts in outdoor and adventure gear reflect strategic adjustments aimed at overcoming challenging consumer demand in key market segments.
Dainese launches motorcycle helmet recycling project at EICMA
The safety gear specialist unveils a new recycling initiative, transforming used motorcycle helmets into new products with reduced environmental impact.
Fox Factory bicycle product sales on the rise again
The acquisition of Marucci Sports has impressively increased the sales of the suspension expert’s Sports Specialty Sports Group in Q3, despite a downward trend in the other segments.
Overland Expo expands to Southern California with a new event
The world’s leading overlanding event series brings its first SoCal event to Costa Mesa, inviting enthusiasts to explore the latest in overlanding gear, techniques and destinations.
In Q3 2024, land will be in sight again for Leatt
The South African company sees hope in Q3 2024, reporting a slight revenue rise and inventory stability despite a 75% profit drop, and is optimistic about a future rebound.
Dometic weighs further restructuring, strategic improvements
The Swedish group faces a tough Q3 with a 17% revenue drop, and explores cost cuts and potential divestments; more details are expected with Q4 results.
Thule Q3 operating income rises 15 percent
The group sees solid Q3 growth with rising sales, profitability and new launches, despite challenges in the Americas market.
Decathlon integrates e-bikes into EC’s sustainable mobility strategy
The retailer commits to making cycling more sustainable with its new Mobility Transition Pathway Pledge, promoting reparability, recycling and bike-sharing services.
USWE Sports with new CFO, Vice CEO
Carl-Fredrik Streiby joins the Swedish company as CFO and Vice CEO, effective Oct. 1.
Pierer Mobility now led by managing director duo
Gottfried Neumeister joined the company on Sept. 1 as co-Managing Director alongside Stefan Pierer.
Fox Factory releases 2023 Sustainability Report
The group’s latest sustainability report highlights significant strides in environmental stewardship, social responsibility and governance practices.