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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October 13, 2020
MEC will lay off 15 percent of its workforce and close 1 store
Despite a large effort to save the struggling Canadian co-op MEC from being sold to an American investment firm, it appears the acquisition will proceed as the sale was green-lighted by the court. Read more on SNEWS.
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October 12, 2020
Outdoor editors and publishers form Outdoor Media 4 Inclusion
A group of publishers and editors who oversee consumer and B2B outdoor media titles have formed the working group Outdoor Media 4 Inclusion (OM4I) to provide more opportunities for journalists and contributors who are Black, Indigenous, people of color, and members of other marginalized communities. Read more on SNEWS.
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October 9, 2020
Pocket Outdoor Media Acquires Big Stone Publishing
Pocket Outdoor Media (POM), creators of active lifestyle content, announced the acquisition of Big Stone Publishing (BSP), the longtime publisher of Rock & Ice, Trail Runner, and Gym Climber magazines and websites. The acquisition significantly strengthens POM’s ability to engage with outdoor enthusiasts. Read more on SNEWS.
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October 8, 2020
Sales of camping, hiking guides rise as Americans take to the outdoors
American travelers aren’t taking the pandemic sitting down - they are showing an increased interest in hiking, bicycling and other outdoor getaways. But outdoor escapes need another basic: the travel guidebook and camping guide -thus causing sales to spike. Read more on The Washington Post.
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October 8, 2020
What’s Driving Skyrocketing Demand for Boat, RV Loans?
Sales of recreational vehicles have accelerated so much since the economic shutdown, which has put many antsy travelers on the road instead of in the sky, making dealers like Niel’s RV in Los Angeles unable to keep up. Read more on RV Business.
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October 8, 2020
Dick’s Sporting Goods Is Hiring 9,000 Workers to Meet Online Demand During the Holidays
Dick’s Sporting Goods will employ the seasonal associates as part of its third annual “National Signing Day” on Oct. 14. They will provide extra staffing to their stores and distribution centers across the country, as well as its contactless services, like curbside pickup and ship-from-store orders. Read more on Footwear...
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October 8, 2020
Hydro Flask Regains Momentum In Q2
Hydro Flask returned to growth in the second quarter ended August 31 as more people return to the outdoors. Overall, sales in Helen of Troy’s Housewares segment, which includes Hydro Flask and OXO, increased 20.3% in the quarter to $167.9 million. Operating income in the Housewares segment increased 27.2% to...
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October 6, 2020
Emerald Holding Launches Stock Buyback Plan
Emerald Holding Inc., the parent of Outdoor Retailer, Surf Expo and other trade shows, announced that its Board of Directors has approved the repurchase of up to an aggregate of $20 million of its common stock. The repurchases will be on the open market at prevailing market prices, and will continue...
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October 5, 2020
Cold weather next challenge for fitness industry.
A chunk of the fitness industry has sustained itself amidst COVID-19 two ways: virtual workouts and outdoor offerings. The latter will become difficult — if not impossible — in much of the nation as fall stretches into winter. What's the plan? Read more on Front Office Sports.
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October 5, 2020
Bike, Powder, Snowboarder, and Surfer magazines to cease publication indefinitely.
Four of the outdoor industry's oldest print magazines—Bike, Powder, Snowboarder, and Surfer—will cease publication indefinitely this year, according to multiple sources at the brands' parent company, A360 Media. Sierra Shafer, editor-in-chief at Powder, confirmed that staff members at all five titles received indefinite furlough notifications late on Friday, October 2. Read more on SNEWS.
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October 1, 2020
Nepal Opens to Climbers and Trekkers Starting October 17
Travel restrictions are slowly being lifted, allowing international flights to arrive in Kathmandu and to welcome trekkers and climbers back to the mountains. This is good news for backpackers and mountaineers hoping to explore the Himalaya this fall. While the number of visitors isn’t as big as in the past,...
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September 30, 2020
Outdoor brands work to keep voters safe in November
As the election approaches, a number of large outdoor companies are stepping up to help. Answering a call from Operation Vote Safe, companies like REI, Patagonia, and Outdoor Research have donated time, technological expertise, and thousands of units of PPE to polling places across the country. Read more on SNEWS.
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September 30, 2020
New Managing Director hired to lead The Outdoor Foundation
The Outdoor Foundation, the philanthropic arm of Outdoor Industry Association, announced that Stephanie Maez, a strategic policy advocate, nonprofit executive and a former state legislator from New Mexico, has been named its new managing director. Stephanie currently serves as the senior fellow for race and diversity at the Topos Partnership,...