Vista Outdoor Inc. (“Vista Outdoor”) (NYSE: VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today announced that it has entered into a definitive agreement to acquire Irvine, Calif.-based Fox Racing, a global icon in performance motocross, mountain bike and lifestyle gear for adventure seekers. The purchase price is $540 million, with the potential for an additional $50 million earnout based on Fox Racing’s financial performance.
For 50 years, Fox Racing has been a leading voice in the motocross and adventure community, with a dedicated consumer following and talented group of employees that embody the brand’s mission to “honor yesterday, conquer today, and invent tomorrow.” Fox Racing’s deep history of producing innovative gear that enables racers and explorers to reach new heights aligns perfectly with Vista Outdoor’s existing portfolio of leading outdoor brands. Fox Racing grew net sales by a compound annual growth rate of approximately 20% from calendar year 2019 to 2021 and is expected to grow in excess of that in calendar year 2022.
BMX is the core pillar upon which the iconic GT brand’s 50-year legacy was built, and it has been exciting to watch this important part of our business evolve over the years. Since joining GT in 2014, Ben Ward, GT BMX Product Manager, has created an impressive range of race, freestyle, heritage and crossover bikes as well as complimentary parts and accessories assortment that have been very well received by riders and in all retail channels. The brand is committed to supporting our growing collective of shops and riders and in doing so, the GT Global Marketing team is growing as well. Today, we are proud to share that Jeff Zielinski, BMX industry legend, and all around great human, will be officially joining the GT family as BMX Team Manager and Content Producer.
For those of you whom have not yet had the privilege to meet Jeff, we thought it would make sense to hear from Jeff himself:
As soon as I saw Robbie Morales and Ronnie Bonner hanging out at Swampfest, I knew I had to ask them the Asking BMX Icons questions. During that I realized this could be an awesome opportunity to talk to guys who have worked at and own some of the biggest and most legendary brands in all of BMX.
Who's got good scouting talent? Who knows how to coach BMX Freestyle? Who's looking for a BMX Freestyle job? Read on to see if this is something you fancy.
Reference: APR20223722 Expiry date: 15:00, Fri, 15th Apr 2022 Location: Remote Working Salary: £27,000 Per Annum Benefits: Competitive Salary, Company Pension Scheme, 25 Days Holiday, Free Race Gold membership, Free Eye Test, Employee Assistance Programme Application form: RoleProfile-TalentDevelopmentCoach-BMXFSV2.pdf
British Cycling is one of the world’s most successful sports governing bodies. From winning Olympic and Paralympic gold medals to inspiring almost two million people to ride their bikes regularly, we are committed to making cycling the number one sport and activity of choice in Britain. Our growing membership of over 145,000 members is testament to the appetite for cycling nationwide.
The Role: Talent Development Coach - BMX Freestyle
Following the success at the Tokyo Olympic Games, British Cycling turns its attention to Paris 2024,
American BMX Company (ABC) is pleased to announce the addition of Carol McNaught to the sales team as assistant to the sales director. "I am happy to have Carol onboard. She comes to us with a wealth of knowledge and understanding of the bicycle business. She is truly going to help take us to the next level," said Art Ornelas, ABC's sales director.
McNaught will work with Ornelas, handling customer service calls and warranties and will use her extensive list of industry contacts to add to ABC's list of sales reps and retailers.
McNaught has worked in bike industry since 1994, spending13 years JAX Bicycle Center, as well as a stint at Serfas where she was a product manager. Prior to taking time during the COVID-91 pandemic to stay home with her family, she was office manager for the sales rep agency Tsunami Sales Group.
"I've known Art since he worked at GT, and I worked with him at JAX when he was a sales rep for Nirve. Art and I are friends and we connected on Face Book after I posted that I was looking for a job.
Want to work in the BMX industry? This is an opportunity. Job Title: Warehouse Associate Hours: Full Time 40 Hours (Monday to Friday). 07.00 to 15.30 with half hour for lunch Location: Our Warehouse in Louisville, KY 40210 Pay: Dependent on Experience. Range of $13-16 per hour Overall Objective: To work as part of our small warehouse team to assist in the process of getting goods packed and dispatched to customers.
Role Overview: -You will be an important part of a small successful team focusing on being the best BMX retailer. -This is a role that would suit someone who has a strong work ethic and enjoys working as part of a team, sometimes under fast paced conditions.
For our EMEA HQ in Amsterdam, Sole Technology Europe is looking for a Customer Service Representative. In this role your key responsibility is to ensure the best possible service to our webshop customers and online retail accounts in order to achieve maximum sales and customer satisfaction.
As a Customer Service Representative, you will:
-Respond to online retail customer inquiries within 24 hrs and assist customers in the best way possible; -Manage the sales order process from start to end in our Business to Business portal and ERP system