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 5, 2021
GCI Outdoor Acquired By MacNeill Pride Group
MacNeill Pride Group (MPG) has acquired GCI Outdoor (GCI), the designer of portable outdoor recreation equipment. GCI’s product range includes portable camping chairs, camp kitchens, waterside chairs and recliners, and other outdoor gear. SGB Media
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May 5, 2021
Oura Brings In $100M in Funding
Oura Health announced Tuesday that it has raised $100 million in Series C funding, bringing the company’s total funds to $148.3 million. The wearable fitness manufacturer produces the Oura Ring, a sleep and activity tracker you can slide on your finger. More than 500,000 have been sold. Front Office News
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May 4, 2021
Camping World (CWH) Surpasses Q1 Earnings and Revenue Estimates
Camping World, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $1.56 billion for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 22.53%. This compares to year-ago revenues of $1.03 billion. The company has topped consensus revenue estimates four times over the last...
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May 3, 2021
Coleman Shines In Newell’s Outdoor & Recreation Segment In Q1
Newell Brands said strong sales of Coleman coolers, tents and stoves and improving trends at Marmot and ExOfficio helped drive a 9.4 percent sales gain for its Outdoor & Recreation Segment in the first quarter. The Outdoor & Recreation segment includes Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot, Stearns, and ExOfficio. In the...
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April 30, 2021
Climbers Group Buys Big New Climbing Area in Tennessee
Woodcock Cove is 64 acres of undeveloped land with dozens of climbing routes in eastern Tennessee, and now it’s protected after being purchased by the Access Fund and the Southeastern Climbers Coalition. The climbing is on sandstone cliffs, including a freestanding tower 75 feet tall. Adventure Journal
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April 30, 2021
Emerald Holding Sees Steep Q1 Revenue Drop
Emerald Holding Inc. reported revenues tumbled 87% as results continue to be negatively impacted by event cancellations due to the pandemic. Emerald is actively pursuing collection of the remaining unpaid amounts of filed insurance claims for its canceled and impacted 2020 events. To date, Emerald has submitted $167 million in...
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April 30, 2021
Catch Co. Reels In $38M Series B For Fishing Platform
Catch Co., which developed a fishing brand, content and commerce platform, closed on $38 million in Series B funding to continue creating offerings for people who like to fish. Founded in 2012 as a monthly fishing tackle subscription offering for fishing lures called Mystery Tackle Box, Catch Co. now has...
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April 29, 2021
Columbia Sportswear Company Reports First Quarter 2021 Financial Results and Raises Full Year 2021 Financial Outlook
Net sales increased 10 percent to $625.6 million, compared to first quarter 2020. Operating income of $70.5 million, or 11.3 percent of net sales, compared to first quarter 2020 operating loss of $2.0 million, or (0.3) percent of net sales. Yahoo
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April 28, 2021
Garmin’s Q1 Revenues Advance 25 Percent
Garmin Ltd. reported sales grew 25 percent in the first quarter ended March 27, led by gains of 38 percent in its Fitness segment, 46 percent in Outdoor and 28 percent in its Marine segment. Total revenue of $1.07 billion, a 25 percent increase over the prior-year quarter led by...
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April 26, 2021
Camping World to Accept Crypto Following BitPay Partnership
Customers will be able to buy recreational vehicles from Camping World using bitcoin, ethereum and other cryptocurrencies. The Street
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April 22, 2021
Vail Raises Guidance After Better Than Expected Spring Season
Both visitations and lift ticket purchases exceeded expectations at destination resorts in those states, and results at local mountains generally met plan. The company now expects net income to range from $258 million to $280 million for the nine-month period. Previously, Vail had expected net income of $204 million and...
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April 22, 2021
Sales in the Americas fuels Thule’s 46% net sales gain in Q1
Thule Group net sales for the first quarter of the year increased 46% year-over-year, which was helped by sales in the Americas that jumped 83% after currency adjustment. Sport and cargo carriers drove the Region Americas growth with bike product demand leading the way. Bicycle Retailer
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April 22, 2021
National Park Visits Climb 37 Percent In March
According to the monthly report from the National Parks Service, visits to national parks totaled 20.6 million in March, up 37 percent from 15.1 million in March 2020 as the pandemic emerged. Total visits for the first three months of the year reached 45.95 million, up 5.6 percent from 43.5 million a...
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April 19, 2021
Airbnb announces $8 million Athlete Travel Grant scheme to support Olympians and Paralympians
Up to 500 athletes a year will receive $2,000 (£1400/€1600) in promotional credit with The Olympic Partner (TOP) member Airbnb in new scheme to support travel, accommodation and training. Inside the Games
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April 15, 2021
Outside announces acquisition of subscription-box service Cairn
The Colorado-based creator of active lifestyle content and experiences has added Cairn, an outdoor subscription-box service, to its rapidly growing portfolio of brands. OBJ
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April 14, 2021
REI’s Sales Slide 12 Percent In 2020
REI Co-op reported sales fell 11.9 percent in 2020 as the Co-Op managed through the challenges presented by the pandemic. REI also reported no profits in 2020 but ended the year in a strong cash position and debt-free, after investing millions in its impact work to combat climate change, address...
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April 8, 2021
Vibram Announced Executive Leadership Changes
Eric Rosen, a 20-year veteran of the brand, will retire in April, and in conjunction with his departure, Vibram announces changes to its senior management team. SGB Media
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April 5, 2021
Outside Business Journal Introduces New Index to Measure Health of Outdoor Industry
New index provides a snapshot of public companies’ financial picture and measures the health of the outdoor industry. OBJ
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April 5, 2021
Garden of the Gods Park Bans All Kinds of Climbing Chalk as Crowds Boom
The Garden of the Gods park in Colorado Springs, Colorado, is a popular climbing destination. Big red rock walls are the attraction. Those red rock walls though are increasingly blotched with climbing chalk. So, Colorado Springs has banned the use of all chalk and chalk substitutes in the park. Adventure...
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March 31, 2021
Columbia Sportswear Company Appoints Craig Zanon as Senior Vice President, Emerging Brands
Columbia Sportswear Company (Nasdaq: COLM), a leading innovator in active outdoor apparel, footwear, accessories and equipment, today announced the impending retirement of Doug Morse, Senior Vice President, Emerging Brands, in the summer of 2021, and the hiring of Craig Zanon to fill the vacancy created by Morse’s retirement. Prior to...
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March 31, 2021
5 marketing hacks for small outdoor businesses and startups
A limited budget doesn’t have to get in the way of successfully marketing your outdoor business. Here are five low-cost ideas to market your small outdoor business for success. Outside Business Journal
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March 25, 2021
How Public Lands Plan to Deal with Crowds This Summer
How Public Lands Plan to Deal with Crowds This Summer. Permits, education, and increased fees are all on the table as possible solutions. Outside
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March 24, 2021
Winnebago Sees 34% Revenue Increase in Q2
Winnebago Industries has reported second quarter revenue of $840 million compared to $626.8 million in the second quarter last year, an increase of 34 percent. Fiscal 2021 second quarter net income was $69.1 million, an increase of 300 percent compared to $17.3 million in the prior year quarter. RV PRO
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March 24, 2021
Boulder outdoor store and bike shop staff shaken but safe after nearby shooting
Neptune Mountaineering outdoor store and Boulder Cycle Sport were both located in a shopping center adjacent to the King Soopers grocery store where 10 people were shot and killed Monday. Bicycle Retailer
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March 24, 2021
Patagonia and Anheuser-Busch settle trademark dispute over “Patagonia Cerveza”
Two years ago, a beer from the St. Louis brewing corporation Anheuser-Busch called "Patagonia" appeared on the market. The outdoor gear brand was, predictably, not pleased. Outside Business Journal