Mavic sales down 5% in third quarter

By Stephen Frothingham

HELSINKI (BRAIN) — Sales in Amer Sports Corporation’s Cycling business — via its Mavic brand — were down 4 percent in its third quarter, which ended Sept. 30, and up 1 percent year-to-date, compared to the same period last year. The Cycling catgegory contributed 31.2 million euros ($35 million in the quarter, down from 32.4 million euros last year. Year to date, cycling sales were 103.3 million euros, up from 102.5 million in 2014. …read more

Via:: Bicycle Retailer and Industry News