Dorel Sports has seen its sixth consecutive quarter of revenue growth, with third-quarter revenue at $305.6 million, an increase of 22.1%. The continuing record demand for bicycles throughout the summer drove another quarter of ‘substantial’ growth at the Cycling Sports Group (CSG) and Pacific Cycle divisions. Caloi’s revenue increased in …
Read More »Nikki Hawyes appointed UK country leader for CSG and Pacific Cycle
Dorel Sports has appointed Nikki Hawyes as the new country leader for the Cycling Sports Group (CSG) UK and Pacific Cycle UK businesses. Hawyes has joined Dorel Sports from ZyroFisher, where she has been since 2009, most recently as director of brands across the UK, Ireland and France. She oversaw …
Read More »Dorel Sports reports fifth consecutive quarter of growth
Dorel Sports has reported its fifth consecutive quarter of growth, with revenue at $285.6 million – up 18.5% from last year. Excluding the impact of varying foreign exchange rates, organic revenue improved by approximately 21.1%. The strong performance was at the Cycling Sports Group (CSG) and Pacific Cycle divisions, Dorel …
Read More »Dorel Sports reports fourth consecutive quarter of revenue growth
Dorel Sports has reported its fourth consecutive quarter of revenue growth in the first quarter of 2020 at $188.2 million, an increase of $3.6 million, or 2.0%, compared to a year ago. Sales improvements were at Cycling Sports Group (CSG) and Pacific Cycle (PCG), partially offset by weakness at Caloi. …
Read More »Dorel Sports reports revenue growth in 2019
Dorel Sports’ revenue increased to $909 million for 2019, up 2.9% from $883 million last year. The results also show that fourth-quarter revenue increased to $233.2 million, up 0.2% from $232.7 million last year. Pacific Cycle Group (PCG) and Caloi posted growth in the quarter while the Cycling Sports Group’s …
Read More »Cannondale introduces new SuperSix Evo Neo e-bike
It is an electric-assist version of the SuperSix Evo
Read More »GT Bicycles releases new Pantera GT-E and Force GT-E
Part of the all-new GT Power Series lineup of electric pedal assist full suspension and hardtail bikes
Read More »Dorel Industries suspends dividend
It was prompted by the impact of increased US imposed tariffs, as well as a review of the preliminary third-quarter results
Read More »Promotions announced within Dorel Sports
Nick Larsen has been promoted to VP of global creative, and Dennis Kim has been promoted to VP of global marketing
Read More »Dorel reports ‘strong’ second quarter revenue
Second-quarter revenue was US $670.0 million, compared to US $623.2 million, up 7.5% from the same period a year ago
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