Home / Knowledge / News / Apparel/Garments / Shimano buys apparel unit from Nautilus
Shimano buys apparel unit from Nautilus
23
Apr '08
Bringing premium sports apparel and footwear to its offering of industry-leading cycling and fishing products, Shimano has completed its purchase of DashAmerica Inc from Nautilus Inc announces David Pfeiffer, president of Shimano American Corporation.

Pearl Izumi becomes a wholly owned subsidiary of Shimano's U.S. operations, and will continue to operate from its facilities in Broomfield, Colorado and Kirchzarten, Germany.

“The acquisition brings together two companies started by Japanese families who share a passion for cycling,” said Pfeiffer.

“Both have strong research and development backgrounds, offer industry leading innovations, and share an obsession with quality and performance.

We'll continue to build the respective brands and remain dedicated to the healthy independent dealer networks we've both enjoyed.”

Pfeiffer also noted that Pearl Izumi would be maintained as a stand-alone company with its own management team.

“Pearl Izumi is a leader in the performance sports apparel and footwear market, and we plan to keep them in that position,” Pfeiffer said.

“Pearl Izumi's design expertise creates products for the avid cycling and running enthusiasts and we'll provide Juergen Eckmann (Pearl Izumi's president) and his team with all of Shimano's support and resources needed to continue that tradition.”

Eckmann said the acquisition is a great fit for both companies. “The entire team at Pearl Izumi USA andEurope are excited about opportunities and benefits we gain in becoming part of Shimano,” said Eckmann.


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X