Thule keeps focus on outdoor and bag products, sales up 3% in 3Q

By Stephen Frothingham

STOCKHOLM (BRAIN) — Thule Group will continue to focus on its Outdoor & Bags division, despite some softness in sales of its electronics and camera bags in the Swedish company’s most recent quarter.

Thule has sold off its winter tire chains division in an effort to focus on its outdoor products and bags, which now include technical backpacks and bike bags as well as auto racks, trailers and strollers.

Excluding currency effects, the company recorded a …read more

Via:: Bicycle Retailer and Industry News