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.
Pierer Mobility with changes to executive board
Pierer Mobility AG announced major leadership changes as CFO stepped down, with Gottfried Neumeister joining the Executive Board on Sept. 1, 2024.
USWE and KTM team up to release co-branded hydration packs
The collaboration allows USWE to expand its market presence in the motorsport community for the 2025 season.
Three bike industry veterans launch first dedicated investment fund for micromobility
Fundracer is a new, micromobility-focused investment fund that aims to support innovative start-ups and promote growth in the sector.
Leatt with flat numbers, but optimistic due to visible growth at dealer, consumer levels
The South African supplier of two-wheeler equipment sees optimism ahead despite an 18.4% revenue drop, driven by a growth trend seen at dealer and consumer levels.
Ford Mustang and Bronco now also come as e-bikes
The car maker and micromobility startup N+ are bringing the spirit and performance of two iconic US cars to two wheels.
GoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
Fox Factory sales down, SSG sales increase mainly due to Marucci takeover
The suspension specialist’s Q2 results showed a 13% sales drop, driven by double-digit declines in PVG and AAG sales. However, SSG saw a 17.8% increase, mainly due to the Marucci Sports acquisition and a 52% rise in bicycle brand sales compared to Q1.
Garmin adjusts FY guidance
Sales in the Outdoor segment fell by almost 2 percent due to lower sales of its adventure watches, but Garmin still achieved overall operating income growth of 20 percent with a 14 percent total revenue expansion.