The company filed its definitive proxy statement with the SEC on Monday ahead of June 25’s Annual Meeting, urging shareholders to vote for its director slate as it faces Chip Wilson’s proxy challenge over three seats.

Following Giant Group’s dismal Q1 profit and revenue losses, Taiwan’s second-largest bicycle manufacturer, Merida Industry, saw first-quarter sales tumble 30% to TWD 5,323.1 million ($167.9 mm), down from TWD 7,567.6 million.

GSI is being reacquired from Pelican Int’l by its founders, siblings Don, Ian, and Kathy Scott, marking the outdoor cookware supplier’s return as a family-owned and operated business.

The winter sports brand promoted its marketing director and 12-year company veteran, Sean Kennedy, to general manager of Atomic North America.

The family-owned running specialty retailer, which operates four stores along the Wasatch Front in Utah, appointed Cadence (Cade) Perry as its new CEO, succeeding Guy Perry after more than 30 years at the helm.