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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February 19, 2025
Merrell Makes Gains in Q4 But Shares for Wolverine Worldwide Dip After Full-Year Results
By brand, Merrell and the company’s namesake Wolverine label led the way in Q4 in terms of growth. At Merrell, net sales in the period were $163.4 million, a 1.0 percent increase from $161.8 million the prior year. FootwearNews
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February 19, 2025
Solo Brands CEO Chris Metz Steps Down After One Year
Solo Brands CEO Chris Metz is stepping down a year after taking the top leadership role, Solo Brands announced Tuesday afternoon. SHOPeatSURF
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February 14, 2025
US Forest Service fires 3,400 workers, Park Service cuts 1,000
The U.S. Forest Service is firing around 3,400 recent hires while the National Park Service is terminating about 1,000 under President Donald Trump's push to cut federal spending, people familiar with the plans said on Friday. Reuters
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February 13, 2025
Yeti Inc. Posts Strong Q4 Despite Wrestling with Product Recall Reserve Impact
Yeti Holdings, Inc. saw fourth quarter sales increase 5 percent to $546.5 million, compared to $519.8 million in the prior-year Q4 period. SGB Media
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February 13, 2025
Lawsuit Accuses Gore-Tex Maker of “Greenwashing” and Harmful Chemical Use
A law firm has filed a class-action lawsuit against W.L. Gore & Associates — the manufacturers of Gore-Tex — for allegedly misleading consumers about its sustainability and environmental practices. Yahoo News
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February 13, 2025
Another Paddlesport Merger: Jackson Kayak Acquires Eddyline Kayaks
Thermoformed touring kayak icon Eddlyline Kayaks has been acquired by Jackson Kayak (JK), best known for its rotomolded whitewater and fishing kayaks. Gear Junkie
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February 13, 2025
Study Determines Skiing, Snowboarding 2nd Most Expensive Sports for Kids to Pursue
Skiing and snowboarding are the second most expensive sport(s) for kids to participate in, according to a survey from the Aspen Institute. The Inertia
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February 10, 2025
Campspot Announces Strategic Investment To Advance Its Offerings
Campspot, an online marketplace for booking camping and RV trips, a significant strategic investment from Vertica Capital Partners, a software-focused investment firm based in New York. RV Pro
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February 7, 2025
Coleman, Marmot Parent Sees Q4 Outdoor & Rec Segment Fall 7.9 Percent
Newell Brands, the parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported that its Outdoor & Recreation segment had another revenue decline in the fourth quarter, although it was significantly less than in recent quarters. SGB Media
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February 6, 2025
Canada Goose Misses Q3 Revenue Targets on DTC Softness
Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent. All amounts are in Canadian dollars unless...
