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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October 31, 2024
GoPro plans to cut 26% workforce as part of updated restructuring plan
GoPro (NASDAQ:GPRO) said it plans to cut about 26% of its workforce, as part of an updated restructuring plan. The wearable video camera maker in August said it intended to cut 15% of its workforce from its ending second quarter headcount of 925 full-time employees. MSN
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October 31, 2024
Switchback forms Advisory Board
PORTLAND, MAINE (October 31, 2024) /OUTDOOR SPORTSWIRE/ – Switchback, the education and business gathering for the outdoor industry community, has established an advisory board to help support and guide its standalone gathering in Nashville, TN, in June, and the co-located gathering at The Running Event. The board will advise Switchback on education,...
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October 31, 2024
La Sportiva Partners With the Cirque Series To Push Peaks Across the Country
BOULDER, Colo. (Oct. 31, 2024) /OUTDOOR SPORTSWIRE/ – La Sportiva, a global leader in mountain running, climbing, skiing, and outdoor gear, today announced a new partnership with the Cirque Series, the premier mountain running series in the United States. Through this partnership, La Sportiva and the Cirque Series will deliver...
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October 30, 2024
BOA and Primaloft Lead Compass Diversified’s Q3 Active Brands Gains
Compass Diversified Inc. (CODI) reported sales grew 22.3 percent at BOA and 25.2 percent at PrimaLoft to lead the gains among its active lifestyle brands. At BOA, sales reached $45.6 million against $37.3 million a year ago. Non-GAAP adjusted EBITDA for BOA reached $17.1 million against $13.2 million a year...
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October 30, 2024
REI now a Canyon authorized service partner
Canyon Bicycles is expanding its service partner network by adding 28 REI Co-op locations. The consumer-direct brand's network already includes 66 independent bike shops in the U.S. and scores of independent service partners in Europe. All service, including frame warranty and crash replacements, will be fulfilled at Southern California, Denver, and...
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October 30, 2024
Garmin Ltd. Ups Guidance on Strong Double-Digit Q3 Growth in Fitness, Outdoor and Marine
Garmin Ltd. posted consolidated revenue of $1.59 billion for the third quarter ended September 28, a 24 percent increase compared to the prior-year third quarter. Revenue from the Fitness segment increased 31 percent to $463.9 million in the third quarter with growth across all categories led by strong demand for...
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October 30, 2024
Hipcamp Acquires BookOutdoors
Hipcamp, a leading global campsite booking company, announced the acquisition of BookOutdoors, an online travel booking platform for campgrounds, RV parks, cabins and glamping resorts. RVPro
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October 30, 2024
Outdoor Retailer Parent Trims Full-Year Guidance
Emerald Holding, Inc. slightly reduced its outlook from steps taken to discontinue some of its smaller events. The operator of Outdoor Retailer, Surf Expo, Sports Licensing & Tailgate Show, and other venues also reported improved underlying earnings in the third quarter on flat sales. SGB Media
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October 30, 2024
Hipcamp Acquires BookOutdoors To Meet Strong Demand For Campgrounds with Amenities
SAN FRANCISCO (October 30th, 2024) /OUTDOOR SPORTSWIRE/ – Today Hipcamp, the #1 app to discover and book campsites, announced the acquisition of BookOutdoors, an online travel booking platform for campgrounds, RV parks, cabins, and glamping resorts. The acquisition is a move to meet the growing demand from campers who are...
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October 30, 2024
Norwegian Outdoor Brand Norrøna Announces Varg: A Luxury, Adventure Sail Yacht
OSLO, Norway (Oct. 30, 2024) /OUTDOOR SPORTSWIRE/ — Heritage Norwegian adventure and outdoor brand Norrøna is pleased to announce the expansion of its adventure travel offerings with the upcoming launch of the Varg sailing yacht in 2025. The luxury sailing yacht will bring outdoor enthusiasts to stunning, remote locations across Northern...
