KETCHUM, ID (BRAIN) — Clothing brand Club Ride said Tuesday that it registered record sales of $1.4 million through the first nine months of 2013. That is a 140 percent increase over the same period in 2012.
“We came out of the trade show season with positive momentum and recognition from Leisure Trends and Bicycling magazine as one of the leaders in the quickly emerging casual-technical apparel segment of the cycling industry," said Scott Montgomery, Club Ride's CEO.
Club Ride also announced that it has created an advisory board that includes Andrew Herrick, the former co-owner of Crankbrothers; Chuck Rumpf, business manager with Boulder Financial and previously audit specialist with Moss Adams; Troy Ballard, the CEO of Pact Apparel; and Ed Drosdick, a CPA.
The company introduced its first-ever fall-winter collection this year, which began shipping in September. Club Ride also expanded its 2014 spring-summer line. That line includes redesigns to the majority of its carry-over styles, more shorts offerings and more competitive pricing of men's shirts. Club Ride also added socks, gloves and T-shirts to the line. And Club Ride launched a road-oriented line called Open Road.
Club Ride said it opened its 700th North American retailer during the third quarter. Meanwhile, consumer-direct sales via the Club Ride website increased 119 percent year-to-date.