DOREL INDUSTRIES INC. B Value Stock - Dividend - Research Selection
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Description of the company
Dorel Industries Inc. designs, manufactures, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company operates through three segments: Dorel Juvenile, Dorel Sports, and Dorel Home. The Dorel Juvenile segment engages in the design, sourcing, manufacturing, distribution, and retail of children\'s accessories, which include infant car seats, strollers, high chairs, and infant health and safety aids. This segment markets its products under the Safety 1st, Quinny, Maxi-Cosi, Tiny Love, Cosco, Bébé Confort, Infanti, Voyage, and Mother\'s Choice brands. The Dorel Sports segment offers recreational and leisure products, and accessories comprising bicycles, jogging strollers, scooters, and other recreational products under the Cannondale, Schwinn, GT, Mongoose, Caloi, Roadmaster, Iron Horse, and SUGOI brand names. The Dorel Home segment provides ready-to assemble furniture and home furnishings that consist of metal folding furniture, futons, children\'s furniture, step stools, ladders, and other imported furniture items. This segment markets its products under the Ameriwood, Altra, System Build, Ridgewood, DHP, Dorel Fine Furniture, Dorel Living, Signature Sleep, Baby Relax, and Cosco brands. The company sells its products to mass merchant discount chains, department stores, club format outlets, and hardware/home centers; Internet retailers, such as Walmart.com and Amazon; independent boutiques and juvenile specialty stores; and sporting goods chains. It also owns and operates 110 retail stores in Chile and Peru, as well as various factory outlet retail locations in Europe and Australia. The company was formerly known as Dorel Co. Ltd. and changed its name to Dorel Industries Inc. in May 1987. Dorel Industries Inc. was founded in 1962 and is headquartered in Westmount, Canada.