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.
-
February 25, 2021
Lippert Promotes Eileen Pruitt to Deputy CHRO and Senior Legal Counsel
Lippert Components, Inc., supplier of a broad array of highly engineered components for the leading OEMs in the recreation and transportation product markets announced the promotion of Eileen Pruitt to Deputy Chief Human Resources Officer and Senior Legal Counsel. In her expanded role, Pruitt will work closely with Nick Fletcher,...
-
February 25, 2021
Wolverine World Wide Predicts Robust Return To Double-Digit Growth In 2021
In the fourth quarter ended January 2, sales reached $509.6 million, down 16.1 percent year-over-year. Wolverine said sales were significantly better than the company expected. Wall Street’s consensus estimate had been $479 million. SGB Media
-
February 24, 2021
REI Expands Mobile Work Practices
REI announced that it has both identified the first of its future satellite offices in Issaquah, Washington, and will test a model that allows employees to work up to five days a week from home. Shop Eat Surf
-
February 24, 2021
Crain Automotive Holdings buys Springdale RV dealership.
Arkansas-based automotive dealer group Crain Automotive Holdings has acquired Northwest RV Sales and Service at W. Sunset Ave., Springdale, a 3.9-acre property, for $2.03 million. TB&P
-
February 24, 2021
National Parks Hosted 237M Visitors in 2020, Down 28%
Outdoor experiences provided refuge from the pandemic for 237 million visitors to America’s national parks in 2020. The number represents a 28% decrease from the previous year due largely to temporary park closures and restrictions implemented in response to the coronavirus pandemic. RV Business
-
February 24, 2021
Crain Automotive Holdings buys Springdale RV dealership
Arkansas-based automotive dealer group Crain Automotive Holdings has acquired Northwest RV Sales and Service at 5950 W. Sunset Ave., west of Interstate 49 in Springdale. The 3.9-acre property changed hands for $2.03 million, according to property records. TB&P
-
February 23, 2021
Goliath’s reckoning: Has REI grown too large?
REI’s ever-expanding ambitions have earned it plenty of fans—and critics—as it’s grown to dominate the outdoor industry. But many feel the retail giant has been made vulnerable by its own hubris SNEWS
-
February 23, 2021
Pocket Outdoor Media raises $150 million from Sequoia Heritage
Pocket Outdoor Media, home to 22 active lifestyle publications and several technology groups, raised $150 million in a Series B funding round led by Sequoia Heritage to fuel its recent acquisitions. Axios
-
February 22, 2021
SRAM acquires Time road and mountain bike pedal business
SRAM has purchased clipless pedal manufacturer Time from the Rossignol Group. The acquisition includes the entire range of road and mountain bike pedal systems, Time’s shoe range and all associated intellectual property. bikeradar
-
February 18, 2021
Emerald Holding Posts Q4 Loss
Emerald Holding Inc. recognized a net loss of $58.1 million for the fourth quarter of 2020 compared to a $68.2 million net loss for the fourth quarter of 2019. Revenue was $12.2 million compared to $44.9 million for the Q4 2019. The decrease primarily reflected a $32.7 million reduction from...
-
February 18, 2021
The Tokyo Olympics Appoint Seiko Hashimoto As Chief
The Tokyo Olympics are making a major statement in Japan - they’ve put a woman in charge, right after former chief Yoshiro Mori resigned last week following scrutiny over sexist remarks. Seiko Hashimoto, a former Olympic bronze medalist in speedskating, was appointed as the new president of the Tokyo Olympic...
-
February 17, 2021
January retail sales show strong increase
Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, according to the National Retail Federation. Shop Eat Surf
-
February 17, 2021
Wellness firm Therabody attracts celebrity investors Marcus Rashford, Jay-Z and Daniel Craig.
Tech wellness firm Therabody has raised funding from over 100 celebrities, a star-studded line up of investors hailing from sport, business, culture and entertainment. Therabody, which makes massage therapy guns, will use the raised capital to fund research and development for new products and services. Verdict
-
February 17, 2021
Garmin Earnings, Revenue Beat in Q4
Garmin announced earnings per share of $1.73 on revenue of $1.35B. Shares are up 10% from the beginning of the year, still down 0.67% from its 52 week high of $133.38 set on February 16. Investing.com
-
February 16, 2021
SIA Elects Four New Members to its Board of Directors
Snowsports Industries America (SIA) announce its newly elected Directors – Deborah Beggan of Helly Hansen; Stan Evans of Stan Evans Photography; Jordan Judd of Salomon Americas; and Brooke Kaplan of Darn Tough Vermont. SNEWS
-
February 16, 2021
Q4 2020: Outdoor industry stock performance – How did the outdoor industry’s public companies perform last quarter?
Columbia’s sales dipped 4% to $915.7 million in Q4 while net income fell 16% to $95.8 million compared to the year-ago quarter. Deckers reported revenue for its fiscal third quarter of $1.1 billion, up 14.8% from the year-ago period. Net income jumped 26.8% to $255.5 million. Read on for other...
-
February 11, 2021
Yeti’s Sales Boom in Q4
YETI Holdings, Inc. announced its financial results for the fourth quarter and fiscal year ended January 2, 2021. Fourth quarter net sales increased 26%; full year increased 19%; fourth quarter gross margin expanded 530 basis points. Shop Eat Surf
-
February 10, 2021
How much does it cost to climb Mount Everest? – 2021 Edition
The Summit Coach gives the short answer - a car or at least $30,000, but most people pay about $45,000, and some will pay as much as $160,000! The Blog on alanarnette.com
-
February 10, 2021
Winter Park Resort reports COVID-19 outbreak among employees. It’s just one of 11 current outbreaks at Colorado ski areas, CDPHE says
Winter Park blames the outbreak on social gatherings outside of the workplace and congregate housing. The Denver Post
-
February 10, 2021
Ski Brands Emphasize Ease And Versatility For 2021/22
With winter lovers heading to the slopes this season, ski manufacturers have been experimenting with materials, shapes, profiles, and sustainable practices to keep consumers schussing well after the pandemic ends. SGB Media
-
February 10, 2021
Tim Cook Pivots to Fitness
Apple’s CEO wants to make health and wellness the company’s greatest legacy. Outside
-
February 10, 2021
Despite uncertainty, retailers prepare for a busy thru-hiking season on the Appalachian Trail
Along the AT, retailers are gearing up for more long-distance hikers than last year. SNEWS
-
February 9, 2021
Steamboat Explains No Reservation Policy After Lift Line Photo Goes Viral
Powder-seekers are taking advantage of Steamboat's reservation-free policy—and fueling local controversy in the process. Ski Mag
-
February 9, 2021
Arne Arens to lead Boardriders after leaving The North Face
Arens, who served as global brand president of The North Face for nearly four years, will become CEO of Boardriders Inc., the parent company of seven action sports brands. SNEWS
-
February 9, 2021
6 Badass Female Outdoor Photographers You Need to Follow
These six photographers’ work, dedication to craft, and active lifestyles will surely inspire one to get moving, or simply to get out there and take in the outdoors’ natural beauty. GearJunkie