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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 6, 2024
The North Face Expands Resale Program
The North Face expanded its Renewed trade-in program, allowing customers to return preowned items online and in stores. The trade-in portion of the program was previously in-store only, per a spokesperson for resale platform Archive, which powers the program. The North Face will give customers brand credit for each qualifying...
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October 6, 2024
Orvis Sets Layoffs and Store Closures; Discontinues Catalog
Orvis announced plans to lay off 112 employees, or 8 percent of Orvis’ workforce, close some of its retail stores and discontinue its iconic catalog to enable a smaller and more agile business. In the U.S., Orvis operates 70 retail stores and 10 outlets. In the UK, the company operates 18 retail...
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October 6, 2024
Orvis Sets Layoffs and Store Closures; Discontinues Catalog
Orvis announced plans to lay off 112 employees, close some of its retail stores and discontinue its iconic catalog “to enable a smaller and more agile business.” The 112 employees affected by the layoffs represent 8 percent of Orvis’ workforce. In the U.S., Orvis operates 70 retail stores and 10 outlets. In...
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September 30, 2024
September RV Shipments Hold Steady
Results for the RV Industry Association’s September 2024 survey of manufacturers found that total RV shipments ended the month with 24,595 units, a decrease of (-0.4%) compared to the 24,700 units shipped in September 2023. “Overall RV shipments are steady for the month of September, but remain on track for...
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September 30, 2024
September RV Shipments Hold Steady
Results for the RV Industry Association’s September 2024 survey of manufacturers found that total RV shipments ended the month with 24,595 units. RV Industry Association
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September 27, 2024
Outdoorsy Group Exceeds $3B in Sales, Plans European Expansion
The Outdoorsy Group, a travel and hospitality company that operates a consumer marketplace for recreational vehicles, insurance and real estate, announced it has reached a major milestone surpassing $3 billion in all-time transactions. “The Outdoorsy Group has leveraged its strategic advantages to thrive even amidst the economic challenges that have impacted...
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September 26, 2024
Job Cuts Coming to Vail Resorts as Part of Transformation Plan
Vail Resorts announced a two-year company transformation plan Thursday afternoon that includes job cuts to corporate and operational staff. The company is targeting $100 million in annualized cost savings by the end of its 2026 fiscal year through scaled operations, global shared services, and expanded workforce management. Job cuts will impact...
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September 26, 2024
Maintain Solid RV Sales Amid a Slower Economy
The RV industry, after peaking in 2020 and 2021, is returning to pre-pandemic sales levels. With record-high credit debt and inflation-driven interest rates, lenders may be more cautious about offering RV loans. To succeed in spite of economic pressures, RV dealers should solidify lender relationships and promote suitable loan options...
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September 25, 2024
Why Are So Many Surf Stars Becoming Corporate Speakers?
“Everyone wants to be able to navigate the waves like the world’s top surfers,” says the Athlete Speakers website, one of America’s largest sports marketing and athlete booking agencies. “Surfing speakers are the epitome of cool and share their stories with corporate groups, charities, universities, faith-based groups and other organizations looking to...
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September 24, 2024
THOR Reports $2.53B in Q4 Net Sales
THOR Industries announced financial results for its fourth fiscal quarter ended July 31, 2024. Consolidated net sales were $2.53 billion in the fourth quarter of fiscal 2024, compared to $2.74 billion for the fourth quarter of fiscal 2023. Consolidated gross profit margin for the fourth quarter of fiscal 2024 was 15.8%,...
