January 20, 2017
The German outdoor brand’s sales gained 12% to €351 million ($372 million) and was profitable from an operating standpoint last year according to a report by Textilwirtschaft.
The cost of down is quickly rising because of the current bird flu epidemic and some exceptionally cold winters in big markets, according to an official of Allied Feathers & Down.
The position was held by Jon Hoerauf until he was appointed GM and president of the company in Feb. 2016.
The Italian outdoor footwear company reorganized management functions and named Francesco Favilli head of sales and Marco Campagna head of marketing.
Trek is recalling about 960 bicycles and 340 wheels because the front brake caliper can contact a broken spoke and cause a fall.