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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December 20, 2023
Winnebago Industries’ Towable RV Business Down 4.8% YOY in Q1
Winnebago Industries, Inc. reported financial results for the company’s first quarter of its fiscal year 2024 Wednesday. Revenues for the fiscal 2024 first quarter ended Nov. 25, 2023, at $763.0 million, a decrease of 19.9% compared to $952.2 million for the fiscal 2023 first quarter. Gross profit for the fiscal 2024...
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December 19, 2023
Asics Sells Haglöfs to PE Firm
Asics reported that it sold Swedish outdoor brand Haglöfs AB to the Hong Kong fund LionRock Capital, which acquired 100 percent interest in the company. Terms were not disclosed. Asics acquired Haglöfs in 2010 for $128.7 million. SGB
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December 19, 2023
Rab Is Not For Sale According to Parent Company
In response to media reports that Equip Outdoor Technologies was planning to sell off outdoor brand Rab, Matt Gowar, CEO and owner of Equip, said no change in ownership is planned for now or in the near future. Gowar’s statement comes after the Financial Times ran a story on Friday saying...
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December 18, 2023
VF Brands Including Vans Can’t Fulfill Orders Because of Cyberattack
VF Corp said on Monday that it was looking into cybersecurity incidents that occurred on Dec. 13 and are disrupting the company’s businesses, including hindering the ability of The North Face and Vans’ parent company to fulfill customer orders on its e-commerce websites during the busy holiday season. The attack...
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December 15, 2023
The 10 Most-Searched National Parks of 2023, According to Google Maps
This week, Google released its Year in Search trends for 2023, along with unpublished data shared directly with Condé Nast Traveler, confirming exactly which parks were searched the most via Google Maps over the past year. Yellowstone, Yosemite, and Zion take the top three spots—while other beloved destinations are notably...
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December 15, 2023
This Iconic Utah Ski Resort Is Going Semi-Private Next Year
The very thing that makes Powder Mountain so special might be in jeopardy. The beloved community-minded ski area with over 8,000 acres of terrain announced that it will be moving to a hybrid business model of both public and private slopes for the 2024-2025 season. New Powder Mountain owner and...
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December 14, 2023
Is Surfing Miles Behind the Outdoor Industry When It Comes to Sustainability?
A recent podcast lambasted surfing as environmentally harmful. So we had to ask, is surfing miles behind the outdoor industry when it comes to sustainability. The Inertia
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December 14, 2023
A Look at New York City’s Booming Outdoor Business Scene
An in-depth report on how new outdoor retailers, brands, events, and personalities are driving innovation and inclusivity in the Big Apple. The Daily
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December 11, 2023
Servio Capital Acquires RV Park in Robert, Louisiana for a $34M Development Project
Servio Capital, a highly accomplished real estate development company, is proud to announce its latest acquisition, a $34Mdevelopment featuring 417 RV sites and 77 cabins, located in Robert, Louisiana. The strategic acquisition underscores Servio Capital's commitment to bettering the community and adding value back to the state of Louisiana. Every...
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December 10, 2023
RVIA Expects RV Shipments to Post Double-Digit Growth in 2024
RV wholesale shipments are expected to hit 350,000 units in 2024, according to the Winter 2023 issue of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association (RVIA). The new forecast projects 2024 RV shipments to range between 343,900 and 356,300 units, with a median...
