Welcome Guest! Please Sign in or Create an Account
The leader in Industry News, BicycleRetailer.com
Subscribe Today!
10/22/2007 5:00 PM MST
Nautilus Shopping Pearl Izumi

VANCOUVER, WA (BRAIN)—Pearl Izumi’s future with Nautilus appears to be in limbo.

Because of struggling first half sales numbers, Nautilus has decided to listen to offers for the sports apparel company.

“[We’re] shopping [Pearl] at this point, said Ron Arp, senior vice president of corporate communications with Nautilus. “[There was] less synergy in fitness than we expected.”

Nautilus is laying off about 140 workers, including roughly 80 from its corporate headquarters in Vancouver. When asked how many of those 140 were Pearl Izumi employees, and how Pearl’s business will be affected by this, Arp only responded that Pearl will be “minimally affected.”

Pearl Izumi marketing director Geoff Shaffer declined to comment on the possible sale of Pearl Izumi.

For more on this story, check out the November issue of Bicycle Retailer and Industry News. —Jason Norman
InterbikeThanksNewsDetails
Today is Wednesday, Aug. 20, 2008
Bicycle Film Festival
NBDADVD
Weekly Survey
Q: As a retailer, will (or has) the Olympics' racing coverage boosted your sales any?
Yes
No
view results »
Submit For Posting. Submit your Press Releases, Events, New Product Info, Letters and More!
Planet Bike Right Vert.
View Resources
Wounded Warrior Project
Newsletter Sign Up
Tell a Friend
Get the RSS Feed of BicycleRetailer.com Current News