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Accell Group profits despite poor weather in 2010

Leading European bike producer Accell Group – owner of road bike brands such as Koga and Lapierre – continued its rise in turnover and...

Amer Sports in €257,000 share buy-back

Owner of the Mavic and Suunto brands, Amer Sports has got underway with its share repurchasing plan, which was approved by the company’s board...

Garmin grows its Outdoor and Fitness business unit

Garmin has announced fourth quarter results for the period ended 25 December 2010. The quarterly results show a 15% year on year gain for...

Nike declares US$0.31 quarterly dividend

The board of directors at Nike Inc has declared a quarterly cash dividend of US$0.31 per share on the company's outstanding Class A and...

Blue Competition Cycles revenue keeps hitting double digits

In 2010, Blue Competition Cycles saw revenue grow by 38%, just a year after posting a 32% revenue gain. Blue is expecting to build...

Active Network in US$150 million IPO

Event registration services firm Active Network Inc has an Initial Public Offering (IPO) on the table, to raise up to US$150 million, according to...

Skirt Sports goes up a size!

Skirt Sports, inventor of the original fitness skirt and a key player in the women's fitness apparel industry, has aggressive growth plans for 2011....

Nike reports strong fiscal second quarter

Nike Inc has reported financial results for its fiscal 2011 second quarter ended 30 November 2010. Revenue reached US$4.8 billion; up 10% year on...

Aqua Sphere UK turnover up again in 2010

Aqua Sphere has announced significant year on year sales growth for the fifth year running. Exceeding its forecast for 2010, the brand reports that...

Amer Sports raising €30 million

Amer Sports Corporation, owner of Suunto and Mavic, has taken out a €30 million ‘Schuldschein’ loan targeted at international investors. Originating in Germany, a Schuldschein...