Dorel to investors: Bike biz will improve in 2018

Company says inventory levels are right and new sporting goods business should give it a boost. MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent

Nogueira to lead distributor business in Latin America for Dorel Sports

WILTON, Conn. (BRAIN) – Dorel Sports has promoted Ana Paula Nogueira to senior business manager for Latin America. Nogueira has been with Caloi, a division of Dorel Sports, since 2006 in marketing roles of increasing responsibility, most recently as senior marketing manager, Latin America

Dorel Sports: Third-quarter, YTD revenues down

IBDs are holding off on big preseason buys, company says. In weak market, division focuses on improving its margins, internal operations. MONTREAL (BRAIN) — Dorel’s bike division reported a drop in third-quarter revenue of $15.8 million, or 5.9 percent, and a year-to-date revenue decrease of $42.8 million, or 5.7 percent.

Dorel announces layoffs as CSG revenue declines

Company points to lower IBD sales in North America and reduced margins from discounting for revenue losses. MONTRÉAL (BRAIN) — Dorel Industries announced Thursday it is trimming the payroll at its Dorel Sports division — which includes its mass market and IBD bicycle businesses

Dorel Sports’ revenue down 5 percent in Q1

Despite slow start, bike division expects to exceed 2015's performance. MONTRÉAL (BRAIN) — Dorel Sports reported that revenue dipped $12.4 million or 5.4 percent in the first quarter, to $216.5 million compared to $228.9 million last year.

Dorel Sports’ revenue down 5 percent in Q1

Despite slow start, bike division expects to exceed 2015's performance.

Strong U.S. dollar softens Dorel Sports’ revenue

Challenging currency rates, sluggish fourth-quarter sales hurt profits.

Guru Cycles assets to be sold at auction next month

St. LAURENT, Quebec — Guru Cycles will not be continuing under its current ownership; its remaining assets, including its trademarks and manufacturing equipment, will be auctioned next month. The company told its dealers in December that it was hoping to reorganize after incurring unmanageable debts stemming from a factory move early last year.

Dorel Sports hires Meredith, promotes Geran

WILTON, Ct. (BRAIN) — Morgan Meredith has joined Dorel Sports as global mountain bike marketing manager for Cannondale

Manchester out at Dorel; UK’s Merry takes over as GM of North America and UK for CSG

Nick Hage takes on broader sales role for CSG North America WILTON, Conn. (BRAIN) — Dorel Sports has appointed Russell Merry as senior vice president and general manager of North America and the U.K.