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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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May 8, 2025
Saucony, Merrell Drive Revenue Growth at Wolverine Worldwide
Wolverine Worldwide's active group, including Merrell and Saucony, saw sales grow over 12% in Q1, though the company withdrew its 2025 guidance due to tariffs and macroeconomic uncertainty. SES
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May 8, 2025
Yeti Tops Analyst Estimates for Q1; Slashes Guidance on Tariffs Impact
Yeti Holdings, Inc. reported first-quarter results that topped analyst estimates but lowered its outlook for the year due to the projected impact of tariffs and supply disruptions. Sales and adjusted sales increased 3 percent to $351.1 million, compared to $341.4 million during the same period last year. Direct-to-consumer (DTC) channel sales...
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May 8, 2025
Saucony, Merrell Drive Revenue Growth at Wolverine Worldwide
Merrell and Saucony were the standouts among the Wolverine brands. However, like other publicly traded companies, Wolverine withdrew its full year guidance due to tariffs and the uncertain economic climate. SHOPeatSURF
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May 8, 2025
Union Backers Rejoice After REI Approves No Board Members in ‘Historic’ Vote
The REI Co-op today revealed the results of its annual election to fill seats on its board of directors, and supporters of co-op workers’ union efforts are claiming a major victory. GEAR JUNKIE
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May 7, 2025
Rossignol Group Names Adam Ketcheson Chief Commercial Officer
Rossignol Group has named outdoor industry veteran Adam Ketcheson as chief commercial officer, effective June 2, 2025. The company said that adding Ketcheson will accelerate its “international omni-channel deployment and contribute to its multi-season, multi-sport strategy.” SGB MEDIA
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May 6, 2025
Outdoor Gear Repairs Ramp Up to Meet Increased Demand from Consumers
Patagonia is an outdoor industry pioneer when it comes to extending the life of its products through Worn Wear, its resale platform, and its extensive repairs services. But that doesn’t mean the company can guarantee consumers will be interested in every initiative the California-based company takes to promote those services. Case...
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May 6, 2025
RV Companies To Lay Off Hundreds In Northern Indiana
Approximately 450 people at three subsidiaries of Elkhart-based recreational vehicle manufacturer Thor Industries Inc. are to be laid off, affecting various locations in LaGrange and Elkhart Counties. Facilities in Howe, Elkhart and Middlebury will face layoffs Friday, June 20, according to multiple Indiana Department of Workforce Development filings. Heartland Recreational...
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May 6, 2025
ThredUp Lifts Guidance on Q1 Beat
ThredUp, the resale platform, raised its sales and earnings targets for the year after reporting first-quarter results that topped estimates. Sales grew 10 percent in the first quarter ended March 31. Revenue totaled $71.3 million, an increase of 10 percent year-over-year. ThredUp had forecasted revenues that would come in the range of...
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May 5, 2025
Trump Proposes $1B Cut to National Parks, Transferring Ownership to States
In its 109-year history, the National Park Service (NPS) has never seen its budget slashed like this. President Donald Trump’s proposed federal budget would strip $163 billion from the 2025/2026 federal budget, including a $1 billion reduction in funding for the NPS. That represents more than 20% of all funding for the...
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May 2, 2025
Helen of Troy CEO Noel Geoffroy Departs After One Year
The CEO of the Hydro Flask and Osprey parent company joined Helen of Troy in March 2024. The board of directors has appointed an interim CEO. SHOPeatSURF
