Sports News and Press Releases about Outdoor Industry Business
Want to stay up to date on the latest press releases and business news in the outdoor sports and camping industries? Scroll below to view all outdoor industry business news.
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January 13, 2025
Canadian Retailer Mountain Equipment Company Up For Sale
Mountain Equipment Company (MEC) is in the process of being sold again, but the deal has not been finalized or officially announced. SHOPeatSURF OUTDOOR
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January 8, 2025
REI cutting Experiences division, resulting in the loss of 428 jobs
REI Co-op announced it will close its Experiences division that includes adventure travel, day tours, and classes. The decision was announced in an email to employees Wednesday from President and CEO Eric Artz and will mean the elimination of 428 full- and part-time jobs in that division. Customers who booked...
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January 8, 2025
Utah Ski Resort Reaches Deal With Striking Patrollers
A ski patroller strike at a popular Utah resort is expected to end Wednesday. In a short statement from the Vail Resort-owned Park City Mountain and the Park City Professional Ski Patrol Association, representatives for both the resort and the labor union said they’d reached an agreement. GearJunkie
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January 8, 2025
Scam Alert: Websites Mirror Legit Brands, Deliver Nothing
Last week, high-end cycling brand Rapha posted an official statement warning customers of counterfeit and imposter websites claiming sales of its products. GearJunkie
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January 6, 2025
Patrollers on Strike at Vail Resorts’ Park City Mountain in Utah
Ski patrollers at Park City Mountain, the largest ski resort in the U.S., are on strike after being denied higher wages earlier this year, creating long lines and frustration during the peak season. The Park City Professional Ski Patrollers Association represents 204 ski patrollers and mountain safety employees, reports the New York...
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January 6, 2025
Timed-Entry Reservations Return to Our National Parks This Year. Here’s the Scoop.
Timed-entry reservations are back. Our national parks columnist reveals how to get into these popular parks. Outside Online (PAYWALL)
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January 6, 2025
Camelbak, Bell/Giro Parent Revelyst Completes Sale to Financial Firm
Revelyst, the former outdoor products segment of the now-defunct Vista Outdoor business, has ceased trading as a public company after completing its acquisition by Strategic Value Partners, LLC (SVP). SVP acquired the parent of Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, and Simms Fishing, a global alternative investment...
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December 20, 2024
Winnebago Industries Posts Fiscal Q1 Net Loss on Lower Unit Volume and ASPs
Winnebago Industries, Inc. reported fiscal 2025 first quarter revenues amounted to $625.6 million, a decrease of 18.0 percent compared to $763.0 million in the first quarter of last year, driven primarily by lower unit volume and a reduction in average selling price per unit related to product mix. Gross profit...
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December 20, 2024
Winnebago Reports Q1 Financials Amid ‘Challenging’ Environment
Winnebago Industries reported financial results for the company’s first quarter fiscal 2025. Revenues of $625.6 million. Gross profit of $76.8 million, representing 12.3% gross margin. Net loss per diluted share of $0.18. Adjusted net loss per diluted share of $0.03(1). RV-Pro
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December 19, 2024
Climbers Rejoice as National Park Service Nixes Plan to Ban Fixed Anchors
Climbers worried about the future of their sport in wilderness areas can take a big sigh of relief. On Wednesday, the National Park Service (NPS) decided against a plan to prohibit fixed anchors — the gear that climbers use to protect themselves from falls. Climbing advocates had fought against the proposal since November...
