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 5, 2021
Get Paid to Go Off-Roading! OnX Is Recruiting Trail Guides
OnX Offroad is revamping its Trail Guides program, which pays a lucky few to help bring more off-road trail detail into the app’s growing database. GearJunkie
-
February 5, 2021
Under Canvas Investing $15M, Expects a ‘Boom’ Year
The “outdoor upscale hospitality” that Denver, Colo.-based Under Canvas closed all seven of their properties for several months, but has grown interest more significantly, according to the Denver Business Journal. Woodall’s Campground Management
-
February 5, 2021
Canada Goose revenue beats estimates as online demand surges
Canada Goose beat estimates for quarterly revenue and profit on Thursday, boosted by a surge in online sales and increased demand for its luxury parkas in China, sending the company’s U.S-listed shares up nearly 21%. CNBC
-
February 5, 2021
Vista Outdoor’s Q3 Profits Soar As Sales Climb 35 Percent
Vista Outdoor Inc. reported total sales grew 35 percent in the third quarter ended December 27. Shooting Sports segment sales jumped 41 percent while Outdoor Products Sales gained 24 percent. Net earnings on an adjusted basis surged five-fold. SGBMedia
-
February 5, 2021
Online Growth a Bright Spot for Columbia Sportswear in Q4
On Thursday, Columbia reported operating income for the fourth quarter, ended Dec. 31, 2020, decreased 11 percent to $123.7 million, or 13.5 percent of net sales, from $138.6 million, or 14.5 percent of net sales, for the comparable period in 2019. Net sales decreased 4 percent to $915.7 million from...
-
February 5, 2021
GoPro stock falls after revenue comes up short
Shares of GoPro (NASDAQ:GPRO) decreased in after-market trading after the company reported Q4 results. Earnings per share fell 44.29% over the past year to $0.39, which beat the estimate of $0.38. Yahoo Finance
-
February 5, 2021
The widow of a tourist killed by falling tree in Big Sur sues the state
The wife of a tourist who was killed when a tree limb fell 30 feet and landed on him at a Big Sur campground has sued the state of California, alleging the state failed to properly care for the trees and should have known they posed a danger to park...
-
February 5, 2021
Forest Selfies Are Helping Save B.C.’s Old-Growth Trees
For over a decade, TJ Watt has been shooting photos of disappearing forests in Canada's westernmost province. This striking before-and-after series may help protect what's left. Outside
-
February 5, 2021
Snowshoe shortage: With weeks to go in the winter, many stores are out of them
This winter, due to the pandemic and folks wanting to get outdoors and try new things, there has been an unprecedented run on snowshoes. NYup.com
-
February 4, 2021
Behind one brand’s ambitious goal to be “Plastic Free by ‘23”
To celebrate turning 25 last year, Icebreaker passed on the birthday blowout for itself and instead decided to throw a party for the planet. The New Zealand-based global apparel brand decided it would honor the earth through an ongoing environmental campaign designed to eradicate synthetics from its entire collection within...
-
February 4, 2021
McKinsey: “In such difficult times, you can make a fortune or fail”
World-renowned consulting firm McKinsey looks at eight key factors to determine future success in the sporting goods industry. ISPO
-
February 2, 2021
Arc’teryx appoints CEO
Amer Sports Corporation announced the appointment of Stuart Haselden to chief executive officer at Arc’teryx Equipment. Most recently, he served as CEO for the lifestyle luggage brand Away, was the CEO and CFO for Lululemon Athletica Inc., CFO of J. Crew Group, Inc. and VP of Saks Incorporated. SGB Media
-
February 2, 2021
Park Service now requiring face masks for visitors, employees
As part of the recent President's Executive Order to protect the federal workforce during the COVID-19 pandemic, the National Park Service on Tuesday implemented a mandatory mask requirement for visitors, employees, partners, and contractors. Bicycle Retailer
-
January 27, 2021
Hyperice Acquires Another Sports Recovery Firm
Hyperice is using its influx of investors to purchase San Diego-based thermal technology company RecoverX, developers of products that deliver heat and cold therapies in under a minute. The deal is valued in the eighth-figure range. Front Office Sports
-
January 27, 2021
VF’s Q3 Revenues Slide 6 Percent
Sales for the Vans brand were down 6% while sales for The North Face were flat, though the company’s entire outdoor segment fell 5%. Earnings came in just ahead of Wall Street’s consensus estimate but were below year-ago levels. SGB Media
-
January 27, 2021
Columbia Hires Chief Digital Officer From Nike
Columbia Sportswear Company announced the appointment of Skip Potter to the role of EVP, Chief Digital Information Officer, effective April 1, 2021. Most recently, he spent four years as Nike’s Chief Technology Officer, and held top management roles in Capital One and British Telecommunication’s Enterprise Group. Shop Eat Surf
-
January 26, 2021
Don’t Be Afraid to Be Basic + More Big Lessons From Top Outdoor Execs
Outdoor executives discuss the takeaways from an unprecedented year and offer insights on how they will persevere and emerge stronger than ever Footwear News
-
January 26, 2021
Vermont’s governor calls for a monumental investment in the outdoor industry
Gov. Phil Scott’s proposed annual budget called for more than $20 million in spending on ventures related to the outdoor industry, including a $10 million package aimed directly at improving outdoor recreation in the state. SNEWS
-
January 25, 2021
GearJunkie joins forces to launch AllGear Media Group
GearJunkie, Bikerumor, Switchback Travel, AutoWise, iRunFar, and more unite under the ‘AllGear’ banner to create a media group focused on the outdoors, new products, active lifestyles, and gear. GearJunkie
-
January 25, 2021
Boom in snowshoe sales fueled by COVID-19 and resort restrictions
According to the most recent numbers from the Snowsports Industries Association, more than 3.7 million snowshoeing participants take to winter trails in the U.S. every season. This year that number is likely to climb even higher, as newcomers fuel a spike in sales. SGBMedia
-
January 21, 2021
President Biden Orders Review of Bears Ears, Grand Staircase-Escalante Boundaries
The proclamation directs the Secretary of the Interior, in consultation with other cabinet members and tribal governments, to determine whether restoration of the monument boundaries and conditions that existed as of Jan. 20, 2017, would be appropriate, and report their findings to the president within 60 days. Backpacker
-
January 20, 2021
Why Ski Patrollers Are Picketing at Two Vail Resorts
Union members at Stevens Pass and Park City Mountain Resort want better wages and working conditions but say their parent company has dragged its feet in negotiations. If they still can't get to the bargaining table, could a strike shut down the two ski areas? Outside
-
January 15, 2021
Vail Resorts Sees 17 Percent Drop In Season-To-Date Skier Visits
Vail Resorts reported season-to-date total skier visits were down 16.6%, season-to-date total lift ticket revenue was down 20.9%, ski school revenue was down 52.6%, dining revenue was down 66.2%, retail/rental revenue for North American resort, and ski area store locations was down 39.2% - all compared to the prior year...
-
January 13, 2021
Surfline Hires Marketing Executive from Apple
Surfline\Wavetrak Inc., the company behind ocean forecasting powerhouse Surfline, announced the appointment of Kim Centeno head of marketing. Centeno joins Surfline from Apple, where she most recently led marketing for high profile subscription services, including Apple Arcade. Shop Eat Surf
-
January 12, 2021
Brand Machine Group acquires American Heritage Outdoor brand Penfield
Penfield will globally launch wholesale AW21 menswear and womenswear collections in January 2021, featuring functional outdoor styles. Brand Machine Group has brought in Tom Duncan from Lyle and Scott as Brand Director.