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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March 26, 2024
Millennial activewear brand Outdoor Voices is on the verge of bankruptcy after abruptly closing all its stores: ‘Our chairwoman was posting cat memes the day we were told’
Years of executive reshuffles and acquisition rumors culminated in a very public meltdown earlier this month, when the company closed all its retail locations and abruptly laid off most of its workforce. Outdoor Voices is now reportedly on the verge of bankruptcy. Former employees told Fortune they are furious over the company’s lack of communication about...
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March 26, 2024
Canada Goose Cutting 17 Percent of Corporate Jobs, Shifting Leadership Roles
Canada Goose is redesigning its global corporate workforce, as part of its ongoing Transformation Program, representing a reduction of approximately 17 percent of corporate roles. The company said in a release that the changes followed a comprehensive review of its organizational structure and roles needed to achieve its strategic objectives....
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March 25, 2024
February RV Shipments Increase by 17.8% YOY
Results for the RV Industry Association (RVIA)’s February 2024 survey of manufacturers found that total RV shipments ended the month with 31,024 units, an increase of 17.8% compared to the 26,326 units shipped in February 2023. Towable RVs, led by conventional travel trailers, ended the month up 24.4% from last February with...
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March 21, 2024
onX Takes to the Water, Acquires TroutRoutes
OnX is well on its way to being the one-stop shop for all things outdoor mapping with its most recent acquisition: TroutRoutes. The new app will be available in Minnesota this spring and will slowly expand across the Midwest. By adding TroutRoutes to the onX family, the brand is clearly...
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March 21, 2024
Winnebago’s Q2 Results Reflect Wider Industry Trends
Winnebago Industries Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2024 second quarter ended Feb. 24. Delivers Solid Gross Margin of 15.0% Demonstrating Strength of Product Diversification and Variable Cost Structure. Completes $350 Million Offering of Convertible Senior Notes for Refinancing 2025 Maturities....
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March 21, 2024
onX Takes to the Water, Acquires TroutRoutes
OnX is well on its way to being the one-stop shop for all things outdoor mapping with its most recent acquisition: TroutRoutes. The company has teased the idea of wading into the water with the upcoming onX Fish. The new app will be available in Minnesota this spring and will slowly expand...
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March 18, 2024
Irate visitors sue National Park Service over cashless entrance fees
Three disgruntled visitors are suing the National Park Service (NPS) over its policy to only accept card payments for entrance to some of its sites. They filed the lawsuit earlier this month with the District Court of Columbia after being told on separate occasions that banknotes wouldn’t be accepted for...
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March 18, 2024
NOLS Cuts 60 Jobs, Closes Campuses Amid ‘Financial Challenges’
One of the country’s most important institutions for outdoor education will lose three locations and several staff. The National Outdoor Leadership School (NOLS) announced dozens of layoffs and the closure of three campuses last week after a prolonged budget shortfall. The cuts mean that 60 positions, including 42 staff and 18...
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March 14, 2024
Solo Brands Sees Q4 DTC Sales Shrink on Lack of New Product, Focus on Wholesale
Solo Brands, Inc., parent of the Solo Stove, Chubbies, Oru Kayak, Isle, and Icy Breeze brands, reported that fourth-quarter net sales decreased 16.2 percent year-over-year (YoY) to $165.3 million, compared to $197.2 million in the prior-year fourth quarter. The decline was said to be due, in part, to a lack...
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March 14, 2024
‘We Need to Fight’: Union Organizing Booms in US Outdoor Industry
North Carolina’s Blue Ridge Parkway is “basically a nightmare” for labor unions. That’s according to organizers with the AFL-CIO, who faced a tough fight in 2023 to gain representation of all 160 workers stretched across the National Park’s 469 miles of mountain terrain. It’s difficult to meet with all the park’s...
