Cycling apparel brand Pearl Izumi cuts staff, plans sale of Louisville headquarters

Editor’s note: This report first appeared at BusinessDen.com, a BizWest news partner.
Four months after being acquired by a California sporting goods group, Louisville-based cycling apparel brand Pearl Izumi USA Inc. has cut staff and plans to sell its headquarters building.
Candi Whitsel, spokeswoman for parent company United Sports Brands, confirmed the layoffs, although she declined to disclose how many employees were affected. Pearl Izumi said in a 2018 company blog post that it had 95 staff members at the time.
“There were synergies as a result of the acquisition, and we’re reinvesting funds into working dollars like product…
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