Dorel Industries Inc.

Detailed Description

Dorel Industries Inc. designs, manufactures, sources, markets, and distributes home products, juvenile products, and bicycles worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, futons, children's furniture, step stool, hand trucks, ladders, outdoor furniture, and other imported furniture products. This segment markets its products under the Ameriwood, Altra, System Build, Ridgewood, DHP, Dorel Fine Furniture, Dorel Living, Signature Sleep, Cosmo Living, Novagratz, Little Seeds, Queer Eye, Cosco, and Alphason brands. Its Dorel Juvenile segment manufactures and distributes infant car seats, strollers, high chairs, playpens, developmental toys, and infant health and safety aids primarily under the Maxi-Cosi, Quinny, Tiny Love, Safety 1st, Bébé Confort, Cosco, Mother's Choice, Disney, and Infanti brands. The company's Dorel Sports segment designs, manufactures, sources, and distributes recreational, and leisure products and accessories, including bicycles, children's electric ride-ons, jogging strollers, electric bikes and bicycle trailers, scooters, and other recreational products. This segment markets its products primarily under the Cannondale, Schwinn, GT, Mongoose, Caloi, and IronHorse brands. The company sells its products to mass merchant discount chains, department stores, club format outlets, and hardware/home centers; Internet retailers; independent boutiques and juvenile specialty stores; and sporting goods chains. It also owns and operates approximately 85 retail stores in Chile and Peru, as well as various factory outlet retail locations in Europe. The company was formerly known as Dorel Co. Ltd. and changed its name to Dorel Industries Inc. in May 1987. Dorel Industries Inc. was incorporated in 1962 and is headquartered in Westmount, Canada.

Key People

Founder(s): Leo Schwartz Martin Schwartz Alan Schwartz Jeff Segel

Martin Schwartz Jeffrey Schwartz Alan Schwartz Jeff Segel Peter Woods

Financials

Revenue: US$2.603 billion (2017)

Net income: US$58.3 million (2017)

Total assets: US$2.172 billion (2017)