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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January 6, 2021
Emerald Acquires Company Behind Elastic Suite
Emerald, the parent company of Surf Expo and Outdoor Retailer announced that it has acquired PlumRiver, the company behind Elastic Suite, a digital B2B platform for a total purchase price at closing $34 million, including $30 million in cash and the rest in stock. Shop Eat Surf
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January 6, 2021
RV Retailer Announces Acquisition of 14 Stores in 5 States
RV Retailer, launched in early 2018 by a group of veteran automotive retail executives, is expected to close its latest dealership acquisitions in February and, in the process, affirm its position as the nation’s No. 2 dealer in terms of stores with 52 outlets in 15 states. RV Business
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January 6, 2021
You Can Get a PCT Permit This Year After All
The Pacific Crest Trail Association and US Forest Service finally announced they will issue permits for thru-hiking the PCT this year, in the same numbers as last year after some debate about whether the permits would, or should be issued, in the wake of the pandemic. Adventure Journal
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January 6, 2021
Columbia Sportswear Company Appoints John Culver, Leader of International Growth at Starbucks Corp., to Its Board of Directors
Culver will serve as a director and member of its Compensation Committee effective January 5, 2021. businesswire
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January 5, 2021
Garmin Acquires Provider Of Emergency Monitoring And Response Services
Garmin International and Garmin Services announced the acquisition of all the assets of GEOS Worldwide Limited and its subsidiaries, which operates the International Emergency Response Coordination Center, the nerve center for SOS rescue efforts. SGB Media
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January 5, 2021
Most Fitness-Friendly Places for 2021
To locate the most fitness-friendly places for 2021, Smart Asset compared 301 metropolitan areas across the following metrics: percentage of residents who walk or bike to work, fitness professionals per 10,000 workers, fitness establishments per 10,000 establishments, the percentage of restaurants that are fast-food establishments and the average wage of...
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January 4, 2021
Safety issues mount as skiers hit backcountry in pandemic
Skiers and snowboarders flocked to the backcountry almost immediately after resorts across the country shut down last spring because of the coronavirus. Associated Press
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January 4, 2021
How Arc’teryx parkas and Salomon hiking boots became high fashion
Urban guys are wearing technical outdoor gear from brands like Patagonia, And Wander and the North Face. They look like they could summit Everest—but they’re probably just running to Starbucks. WSJ [paywall]
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January 4, 2021
Every day that the National Parks are free in 2021
There's no better way to celebrate these holidays than by exploring our public lands. Outside
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December 28, 2020
Echelon Fitness Raises $65 Million
The financing is led by Goldman Sachs Growth, along with participation from existing investor, North Castle Partners. Echelon produces over 30 live classes daily and offers a library of nearly 5,000 on-demand, led by its team of trainers. SGB Media
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December 24, 2020
The Ski Company That Wants to Sell Fewer Skis
Season Equipment, the ski and snowboard company skier Eric Pollard and snowboarder Austin Smith, together with industry vets from Armada, K2, and Line, are launching and selling skis and boards which will change the footprint and life span of products - to break the cycle of buying new gear every...
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December 22, 2020
Gucci’s North Face Collaboration Officially Makes Hiking a Fashion Statement
Gucci revealed its collaboration with North Face, capitalizing on the current, situation-induced trend and hinting at how high fashion brands can better cater to the real-life needs, ideals and habits of its customers in the future. Footwear News
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December 21, 2020
Ski Towns and the Ski Bums Who Staff Them, Ponder Their Survival
Mountain communities have faced plenty of challenges over the years—economic inequality and high rent, climate change and drought and wildfires, overtourism, but the ski town workforce, who often work multiple jobs to make ends meet, are finding it harder than ever to afford the cost of living. Adventure Journal
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December 19, 2020
Yahoo Finance Digital sales and China emerged as the twin pillars lifting Nike’s Q2 earnings
The sportswear giants’ Q2 revenue came in at $11.2 billion vs. $10.55 billion expected and $10.33 billion year over year. Earnings per share came in at 78 cents vs. 62 cents expected and 70 cents year over year. Digital sales and China emerged as the twin pillars lifting Nike’s Q2...
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December 18, 2020
Dick’s SG Partners For Same-Day Delivery
Dick’s Sporting Good and Instacart announced that the companies have partnered to launch same-day delivery from more than 150 stores to provide another safe and convenient shopping option for its customers during the holidays and beyond. Stores impacted include Dick’s locations in Connecticut, Delaware, Georgia, Maryland, New Jersey, New York,...
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December 16, 2020
A ‘Blizzard in Backcountry Sales,’ Reports NPD
Backcountry-related equipment sales in the U.S. grew a staggering 76% in the opening months of this year’s snow season, August through October 2020, compared to the same period last year. Nordic and alpine touring equipment, splitboards, snowshoes, and backcountry accessories including beacons, probes, skins, and avalanche shovels, saw sales grow...
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December 10, 2020
Vail Resorts (MTN) reports Q1 Loss, misses revenue estimates
Vail Resorts (MTN) came out with a quarterly loss of $3.63 per share versus the Zacks Consensus Estimate of a loss of $3.59, compared to a loss of $2.23 per share a year ago. A quarter ago, it was expected that this ski resort operator would post a loss of...
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December 9, 2020
REI Elevates Product Standards To Fight Climate Change And Advance Equity
REI is upgrading product standards together with its more than 1,000 brand partners to advance more sustainable and inclusive business practices. By 2030, all products on its shelves will have a preferred attribute so that every purchase at REI supports a more equitable planet. SGB Media
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December 8, 2020
Pocket Outdoor of Boulder raises additional $5.27M
Pocket Outdoor Media LLC raised $5 million more within its Series A round, bringing its total funds raised in the round to just less than $16.5 million, according to filings with the U.S. Securities and Exchange Commission on Friday. The funds came from an additional 22 people and groups, bringing...
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December 8, 2020
Everest Gets A Growth Spurt As China, Nepal Revise Official Elevation Upward
The world's highest peak just grew a couple of feet overnight — on paper, at least. After years of fraught discussion and surveying work, China and Nepal announced a revision to the elevation of Mount Everest: Officials say the summit now stands precisely at 8,848.86 meters, or 29,031.69 feet above...
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December 4, 2020
Dick’s join coalition to combat the sale of fraudulent goods
The Buy Safe America Coalition announced new members – Dick’s Sporting Goods, HP Inc., OpSec Security and Rite Aid. Inside Outdoor
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December 4, 2020
Todd Spaletto tapped to lead new Dick’s Sporting Goods outdoor concept stores
The former group president of Wolverine Worldwide and global president of The North Face will lead the sporting goods company's expansion into specialty outdoor retail. SNEWS
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December 3, 2020
Amazon and YETI File Joint Lawsuit Against Counterfeiters
Amazon and YETI Coolers, LLC. jointly filed a lawsuit against two US-based individuals, Michael White and Karen White of San Diego, California, for counterfeiting YETI’s products. The defendants attempted to offer the infringing products in Amazon’s store, violating Amazon’s policies, YETI’s intellectual property rights, and the law. Amazon closed their...
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December 1, 2020
RV Shipments Projected to Eclipse 500,000 Units in 2021
Wholesale RV shipments are forecasted to gain nearly 20% to 502,582 units in 2021 after totaling 423,628 units in 2020. The new projection sees total shipments ranging between 490,300 and 515,400 units with the most likely year-end total reaching 502,582 units by the end of next year, an 18.7% increase...
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December 1, 2020
Surfline, Surfing’s Biggest Media Platform, Drops Into Massive Pile of Cash
A deep-pocketed venture capital firm, The Chernin Group, just plunked $30 million into Surfline, a media company that focuses on surfing coverage and live wave and weather forecasts for surfers. The money will be used in part to improve Surfline's technology arm, which powers the proprietary swell and weather modeling...