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Everything about Scott

  • Scott starts consumer direct distribution in the US. – Photo Scott
    Retail25 Mar 25

    Scott announces multichannel sales strategy in the US

    OGDEN, USA - Scott recently announced the roll-out of a multichannel sales strategy including a consumer direct option. In an official statement, they have now made public that the webshop will open soon. "We aim to strengthen the brand and expand consumer reach to drive more awareness and demand for our dealer network," remarked Hap Seliga, president and CEO of Scott USA.

  • According to the decision of the ICC arbitration tribunal, Scott Sports Group patron Beat Zaugg is to sell the minority share in ‘his baby’ to majority shareholder Youngone Corporation. – Photo Jo Beckendorff
    Company12 Feb 25

    ICC ruling: Beat Zaugg to cede his Scott Sports shares to Youngone

    PARIS, France - As reported by several Swiss media, Paris-based arbitration tribunal of the International Chamber of Commerce (ICC) handed down its verdict regarding Scott Sports SA (or Scott Sports Group) ownership. According to the ruling made on 6 February, Beat Zaugg, who is still co-owner of Swiss bike and winter sports supplier, is to cede his 47% stake in the company to majority owner Youngone Corporation.

  • Juwon Kim and Pascal Ducrot will head the executive team as co-CEOs. – Photo Scott Sports
    People20 Aug 24

    Scott Sports Group gets new CEO duo after power struggle with Zaugg

    GIVISIEZ, Switzerland - After Scott Sports Group majority owner Youngone Corporation dismissed longstanding CEO Beat Zaugg with immediate effect at the end of March they appointed investment banker Juwon Kim as his successor. This was the starting point for a power struggle between longtime industry expert Zaugg and Youngone. Now the dust seems to have settled with the appointment of a CEO duo.

  • “I am still standing in this power struggle” says a defiant Beat Zaugg. - Photo Scott
    Business2 Apr 24

    Big bang at Scott Sports Group: Board of Directors fires CEO Beat...

    GIVISIEZ, Switzerland - The announcement by Scott Sports Group SA majority shareholder Youngone Corporation to lay-off its CEO and minority shareholder Beat Zaugg did not come as a surprise for industry insiders. Following the cash injection of SFR 150 million (€160.6 million) by Youngone last December, a reorganisation was inevitable.

  • Scott Sports Group is lucky enough to have a strong parent company to provide additional financial resources now the supply chain bottleneck has become problematic. – Photo Jo Beckendorff
    Financial16 Jan 24

    Scott Sports next to get multi-million loan from owner

    SEOUL, South Korea - Scott Sports owner Youngone Corporation has granted its subsidiary a temporary financial injection of SFR 150 million (€160.6 million). The high inventory levels throughout the bicycle sector is tying up so much capital that even profitable companies like Scott Sports are in urgent need of capital to continue their daily operations.

  • ‘Scott’ and ‘Bon Scott’ will coexist in the UK for clothing items and sunglasses. – Photo Scott Sports
    Trade Regulations8 Aug 23

    Trademark dispute between AC/DC's Bon Scott and Scott Sports SA...

    GIVISIEZ, Switzerland - With a recent ruling of the UK Intellectual Property Office the case between the owners of the name of AC/DC's lead singer Bon Scott and Scott Sports SA the legal dispute has come to an end. Scott Sports had filed the case in 2020/2021 with regard to the application of the trademark for clothing items and sunglasses.

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  6. Scott Sports: expanding e-commerce strategy due to corona
  7. First Look Inside Scott Sports Group's New Head Office
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  13. Scott Continues To Expand with Dolomite Take-Over
  14. Shimano's Mid-Motor System Specified by 40 Major Brands
  15. Focus Targets Female E-MTBers
  1. ZEG Show Previews Eurobike
  2. BMC Refocuses with Divestment of Stromer and Bergamont
  3. Korean Youngone Acquires Scott Corp SA
  4. UK's Largest Bike Show Returns to London in February
  5. E-Bikes Are Most Important Trend
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  7. Retail Giant Karstadt Sold for One Euro
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  12. Mega Recall Hits Scott and Trek
  13. Recall Next Set Back for Scott
  14. 瑞士Scott Sports發生重大竊案
  15. Burglary at Scott Sports in Switzerland
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