This just in from locally based Showers Pass clothing:
Ownership, Management Changes at Showers Pass, Portland-Based Outerwear Company
PORTLAND, Ore., September 18, 2012 — Showers Pass Co-President Ed Dalton has sold his interest in the Portland-based cycling apparel maker to business partner and Co-President Kyle Ranson, the company announced today.
“I am proud to say that Showers Pass has developed into a leader in the bicycling outerwear business and is recognized as a high-performance, high-quality brand,” said Dalton, of watching the company grow from a start-up to representation in top independent bike shops and national specialty retailers.
Showers Pass is poised for continued growth, said Ranson: “The team and I are very excited about the future. We’re launching some great new products at the Interbike show this month.”
Dalton will move on to pursue other entrepreneurial interests. Ranson will assume the role of President/CEO of Showers Pass effective immediately.