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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June 11, 2021
Minus33 brings manufacturing back home with New Hampshire-made Mountain Heritage hiking socks
ASHLAND, NH – Minus33 is making outdoor gear in New Hampshire again, starting with its Mountain Heritage hiking socks, and that’s just the beginning. The merino wool outdoor specialty brand has over 100 years of roots in Ashland, and they're aiming to get the mill cranking again. The Mountain Heritage...
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June 10, 2021
Haig Report Shows Q1 Profits are Booming for Dealerships
Haig Partners LLC,a boutique investment banking firm and the leading buy-sell advisory firm to owners of higher value auto, heavy truck, and RV dealerships, recently released its Q1 2021 Haig Report. Dealership profits jumped 197% in Q1 2021 compared to Q1 2020, reaching record-high levels. Average blue-sky value per rooftop has...
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June 10, 2021
Downlite Outdoor Announces New State-of-the-Art Canadian Down Facility
Mason, OH, June 10, 2021 — Downlite Outdoor, a division of Downlite, a market leader in down and feather processing and a supplier of responsibly sourced performance fills to the outdoor, home furnishings, and hospitality markets, announces their new facility in Mississauga, Canada. With the rapid growth of Downlite in...
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June 9, 2021
Eagle Creek to cease operations by late 2021
Eagle Creek, the luggage and backpack brand founded in 1975 and currently owned by VF Corporation, is slated to cease business operations by the end of the year. VF will discontinue the brand due to strategic and financial concerns. OBJ
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June 9, 2021
Yellowstone debuts electric driverless shuttle, ‘T.E.D.D.Y’
Each shuttle will have an attendant. Although they are driverless, attendants can take over operations at any time. According to the park, the goal is to understand how automated vehicle shuttle technology can be used in parks and how visitors perceive and engage these services. The data from this pilot...
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June 9, 2021
Cotopaxi and NEMO Partner with Trove and REI to Bring More Gently Used Outdoor Gear Options to Customers
Brisbane, CA – June 9, 2021 – Cotopaxi and NEMO announced the launch of a new trade-in recommerce program with Trove and REI to give customers more Used Gear options. This collaboration and first-of-its-kind resale program allows Cotopaxi and NEMO to quickly enter the resale market, Trove to further its mission to create...
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June 9, 2021
Mountainsmith Promotes Cameron Bumsted to Marketing and Events Manager
Golden, CO (June 2021)- Mountainsmith, the Colorado-based company that has spent more than 40 years as a leading gear manufacturer specializing in durable goods for hiking and camping, announced today that it has named industry pro Cameron Bumsted as its new Marketing and Events Manager ahead of two crucial product...
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June 8, 2021
Sporting Goods Giants Continue Seeing Record Numbers
Academy Sports reported its Q1 earnings Tuesday, highlighting a recent string of record-breaking quarters in the sporting goods industry. The company saw its highest-ever gross margin, increasing 89.2% to $563.7 million. Net sales jumped 39.1% year-over-year to $1.58 billion. But Academy Sports isn’t the only sporting goods store trending upward. Front Office...
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June 7, 2021
Wolverine Worldwide Expects Second Quarter 2021 Revenue To Exceed Second Quarter 2019
Wolverine World Wide Inc. said it expects second-quarter 2021 revenue to exceed 2019 levels due to better-than-expected trends across nearly all brands in its portfolio led by Merrell, Saucony and Sperry. SGBMedia
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June 7, 2021
Decathlon U.S.A. Announces New CEO, Christian Ollier, to Guide Continued U.S. Brand Growth
SAN FRANCISCO (June 7, 2021)— Decathlon, the world’s largest sporting goods retailer, today announced the appointment of Christian Ollier as CEO of Decathlon U.S.A., allowing prior CEO, Michel D’Humières, to move on to other projects within the company. D’Humieres was appointed to the role in 2016 and led the company’s...
