Mavic sales down 2 percent in Q1

By Stephen Frothingham

HELSINKI (BRAIN) — Mavic sales were down 2 percent in the first quarter, according to its parent, Amer Sports, which reported its total sales were up about 10 percent.

Mavic sales totaled 39.7 million euros ($44.6 million) in the quarter, down from 40.4 million euros in the first quarter last year. Mavic sales also were down 2 percent for the full year 2015, compared to 2014.

Amer closed on its $50 million purchase …read more

Via:: Bicycle Retailer and Industry News