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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November 10, 2020
Challenged Athletes Foundation (CAF) and U.S. Paralympics Nordic Skiing Partner to Bring Winter Sport Development to the Next Level for Athletes with Physical Disabilities
BOISE, Idaho – (November 10, 2020) – Challenged Athletes Foundation (CAF) and U.S. Paralympics Nordic Skiing (USPN) today announced a partnership to develop adaptive athletes from their first-time experience to the top levels of Nordic skiing and biathlon. In his new position as development coach, Wilson Dippo will lead the...
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November 10, 2020
Yakima Officially Launches CBX Lineup and the GrandTour Lo November 10th
LAKE OSWEGO, Ore., November 10th, 2020 – For over 40 years Yakima has been the leader in automobile cargo innovation, offering exterior packing solutions that make room inside vehicles for wild souls seeking adventure. At the start of this year, at the Outdoor + Snow Show in Denver, Colorado, Yakima...
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November 9, 2020
RV and boat stocks fall out of favor on vaccine development
Investors are backing away from some outdoor camping, recreational vehicle and boating stocks after Pfizer announced 90% efficacy with its COVID-19 vaccine in a market-rattling development.
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November 9, 2020
Pocket Outdoor Media Acquires Paleo Magazine Assets
Boulder, Colorado, USA — November 9, 2020 — Pocket Outdoor Media (POM), the world's leading creator of active lifestyle content, today announced the asset acquisition of Paleo Magazine and all of the digital assets that accompany the brand. Paleo Magazine joins POM’s existing stable of active lifestyle brands: Climbing, Backpacker,...
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November 9, 2020
VF acquires streetwear brand Supreme
The parent company of The North Face has announced plans to add the direct-to-consumer streetwear company to its portfolio of brands. Read more on SNEWS.
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November 5, 2020
Wolverine Eyes Market Share Gains At Saucony And Merrell Amid Pandemic
In the third quarter ended Sept. 26, revenues declined 14.1% to $493.1 million due to the pandemic’s ongoing impact. On a constant-currency basis, revenue was down 14.6%. Net earnings fell 55.3% to $21.7 million. Reported operating margin was 8.6% compared to 11.9% in the prior year. Adjusted operating margin was...
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November 5, 2020
Yeti Q3 Sales Jump 29%
YETI Holdings, Inc. announced its financial results for the third quarter ended September 26, 2020. Net sales increased 29% to $294.6 million, compared to $229.1 million during the same period last year. Gross profit increased 45% to $174.0 million, or 59.1% of net sales, compared to $120.1 million, or 52.4%...
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November 4, 2020
Fitbit’s Q3 Revenues Expand 5 Percent
Fitbit Inc., which reached an agreement to be acquired by Google, reduced its loss in the third quarter as sales grew 4.8%. Revenue reached $363.9 million against $347.2 million a year ago. The net loss shrunk to $54.5 million, or 20 cents a share, from $51.9 million, or 52 cents,...
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November 4, 2020
Upcoming evolution of leadership in the Rossignol Group
Bruno CERCLEY joined Rossignol in 2002 and left in 2005 after Quiksilver acquired the Group. In 2008 he led a consortium that acquired Rossignol from Quiksilver, and he took over as CEO upon completion of this transaction. Under Bruno’s leadership, Rossignol Group has grown to become one of the World’s...
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November 4, 2020
Rails-to-Trails Conservancy and PeopleForBikes release federal transportation policy outlining strategy to create access to jobs, mobility and outdoor recreation
WASHINGTON—As election results continue to come in, federal policymakers are already looking to the year ahead when the next Congress and the White House will be tasked with the country’s economic recovery and reauthorization of the nation’s federal transportation bill. Rails-to-Trails Conservancy (RTC) and PeopleForBikes today released a federal agenda...