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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August 2, 2022
Peak Design Becomes Latest Ambassador for Protecting Blue Whales, Blue Skies Program
San Francisco, CA (August 2, 2022) /OUTDOOR SPORTSWIRE/ - Peak Design, the worldwide leader in crowdfunding and everyday carry solutions, is the newest brand ambassador for Protecting Blue Whales and Blue Skies, a California-based program that seeks to protect marine life and improve air quality via voluntary speed reductions for...
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August 2, 2022
MTNTOUGH Inc. Raises $500,000 in Seed Round Fundraising
Bozeman, MT (August 2, 2022)/OUTDOOR SPORTSWIRE/ – MTNTOUGH Inc., a leader in physical fitness, mental toughness, and nutritional training, has secured $500,000 in seed round funding. The recent financing will enable the brand to further expand its best-in-class programs and on-demand content within its comprehensive digital app, MTNTOUGH+. The funding round was...
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August 1, 2022
Boating Market Report: Demand Continues to Move Inventory at A Record Pace
Strong consumer demand continues to move boat inventory faster than before the pandemic Global average boat value is 28.9% higher than 2019 Boats sold in the first half of the year total over $6 billion globally Average price of boats in the 26-foot range continues to rise, up 71.5% in...
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July 29, 2022
Walmart to open mini general stores at Getaway campsites
Walmart will open tiny general stores at several camping outposts run by destination company Getaway offering essentials ranging from hiking apparel to cast iron skillets. The first general store will open in August at Getaway Hill Country in Wimberley, Texas, located near Austin and San Antonio. Additional stores will open...
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July 29, 2022
Newell Brands’ Outdoor & Recreation Segment Sees 2.5 Percent Q2 Core Sales Growth
Newell Brands reported sales in its Outdoor & Recreation segment reached $427 million compared with $453 million in the prior year period, down 5.7 percent. Reported operating income at the Outdoor & Recreation segment was $46 million, or 10.8 percent of sales, compared with $48 million, or 10.6 percent of...
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July 28, 2022
Hydro Flask Announces Sustainability Improvements and GHG Emissions Goals
Bend, OR (July 27, 2022) /OUTDOOR SPORTSWIRE/ -Hydro Flask, an award-winning leader in high-performance, insulated stainless steel flasks and soft good innovations and a Helen of Troy (NASDAQ: HELE) brand, is proud to announce progress on its sustainability journey. Starting in Spring 2022, Hydro Flask began rolling out Forest Stewardship...
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July 28, 2022
New Global Handmade Bike Show MADE to Debut in Fall 2023
PORTLAND, Ore. /OUTDOOR SPORTSWIRE/ - Introducing MADE - www.made.bike - an industry and consumer bike event with a mission to bring framebuilders, media and makers together to elevate and inspire. The show will be located in Portland, Ore., with the debut in September 2023. MADE is supported by industry sponsors...
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July 28, 2022
Icebreaker Releases Fifth Installment of Annual Transparency Report
DENVER (July 28, 2022) /OUTDOOR SPORTSWIRE/ - icebreaker, the original merino apparel pioneers, has released the fifth installment of its annual Transparency Report, with a major focus on its switch to regeneratively grown wool. Through icebreaker’s partnership with The New Zealand Merino Company and its ZQRX program, the brand aims...
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July 27, 2022
Vista Outdoor Enters into Definitive Agreement to Acquire Simms Fishing Products
ANOKA, Minn., July 27, 2022 — Vista Outdoor Inc. (NYSE: VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today announced the acquisition of Simms Fishing Products for a purchase price of $192.5 million. The gross purchase price includes a net present...
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July 27, 2022
Columbia Sportswear Company Reports Second Quarter and First Half 2022 Financial Results
Columbia Sportswear Company announced second quarter 2022 financial results for the period ended June 30, 2022.Net sales increased 2% to a record $578.1 million, compared to second quarter 2021. Operating income decreased 75% to $8.8 million, or 1.5% of net sales, compared to second quarter 2021 operating income of $35.0...
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July 27, 2022
Vista Outdoor’s Q1 Tops Guidance On Sporting Products Momentum
Vista Outdoor reported earnings on an adjusted basis rose 33% in the first quarter ended June 26 on a 21% revenue gain. Strong double-digit growth in the Sporting Products segment offset a 2% decline in Outdoor Products, primarily driven by Outdoor Accessories. Sales increased 21% to $803 million, gross profit...
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July 27, 2022
Jackson Hole Mountain Resort Winter 2022-23 Day Tickets on Sale Aug. 1, 2022
TETON VILLAGE, WYO. — July 27, 2022 /OUTDOOR SPORTSWIRE/ — Jackson Hole Mountain Resort (JHMR) will launch its winter 2022-23 early bird ticket sale on Aug. 1, 2022, at 9 a.m. MDT. For the first time, guests can save up to 15% on day tickets when purchased before Oct. 1, 2022. To...
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July 27, 2022
Garmin Q2 Sales Dragged Down By Weakness In Fitness Wearables
Garmin, Ltd. reported sales declined 6 percent in the second quarter ended June 25, pulled down by a 34 percent drop in the fitness segment. Garmin reduced its guidance for the year, with earnings being impacted by the strengthening of the U.S. dollar, high inflation, and rising interest rates. SGB...
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July 27, 2022
Taiga Coolers Marks 100% Growth in 9th Year of Business
Mesquite, Texas (July 27, 2022) /OUTDOOR SPORTSWIRE/ –Taiga Coolers, the American-made, veteran-owned brand known for crafting customizable, high-performance coolers, ended the second quarter of 2022 with explosive 100 percent year-to-date growth. Taiga Coolers’ product sales grew by an additional 330 percent between Q1 and Q2 of 2022 and are projected to...
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July 27, 2022
Cotopaxi Welcomes Chobani Veteran Grace Zuncic as Chief People and Impact Officer
Salt Lake City, UT. July 27, 2022/OUTDOOR SPORTSWIRE/ – Certified B Corporation™ and impact-driven adventure lifestyle brand, Cotopaxi, is proud to welcome Grace Zuncic as their first ever Chief People and Impact Officer. Zuncic brings decades of aligned expertise to the company and will be driving strategic employee-centric practices as well as...
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July 25, 2022
The Outdoor Collective Looks to Open Its Second Location in Asheville, NC
Black Mountain, NC – July, 2022 /OUTDOOR SPORTSWIRE/ –The Outdoor Collective, the community-first outdoor retailer based in Black Mountain, North Carolina, is looking to expand to a second location. In keeping with its community-grown roots, the retailer is offering Western North Carolinians the chance to be grassroots supporters of the outdoor neighborhood...
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July 25, 2022
The Outbound Collective Announces its 2022 Roster of Writers Residency for Underrepresented Storytellers
San Francisco, Calif. – July 25, 2022/OUTDOOR SPORTSWIRE/ – Today, the Outbound Collective announced the new cohort of its third annual Writers Residency for Underrepresented Storytellers. Bree Salazar, Clarice Henry, and Erica Zazo were each awarded a $4,000 cash stipend and gear packages from supporting partners. The 2022 residency started on July...
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July 22, 2022
Thule Group’s Q2 Sales Expand 2.6 Percent
Thule Group reported earnings slipped 6.8 percent in the second quarter ended June 30 as sales grew 2.6 percent. In the second quarter of 2022, net sales amounted to SEK 3,314m (3,229), representing an increase of 2.6 percent. Adjusted for exchange rate fluctuations, net sales for the Group decreased 3.4...
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July 22, 2022
Lululemon Workers Look to Unionize D.C. Store, the First Location to Do So
A Lululemon store has started the process of organizing a union. A store in Washington, D.C. on Wednesday filed a request with the National Labor Relations Board to hold a union election. The group is looking for the company to voluntarily recognize their union, which is called the “Association of...
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July 22, 2022
Biden Has Reinstated FICOR, a Group Tasked With Growing the Outdoor Industry in the U.S.
The Federal Interagency Council of Outdoor Recreation (FICOR), whose goal was to support economic development through outdoor recreation, was reestablished in a White House signing ceremony yesterday, the Biden Administration announced. Established under President Obama, FICOR was suspended by the Trump Administration in 2020. With Thursday’s signing, FICOR again aims...
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July 20, 2022
Winnebago Industries Foundation Funds Summer Internships with Camber Outdoors
EDEN PRAIRIE, Minnesota, July 20, 2022 /OUTDOOR SPORTSWIRE/ – This summer, the Winnebago Industries Foundation is funding a new internship program in partnership with Camber Outdoors, a nonprofit leader driving workplace inclusion, diversity and equity in the outdoor industry. In total, five outdoor recreation companies are hosting fifteen interns with the...
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July 19, 2022
Houdini and The Woolmark Company Launch New Collection Made of Natural Materials
STOCKHOLM (July 2022) /OUTDOOR SPORTSWIRE/ - Driven by its love for nature, circular sportswear brand Houdini has been revolutionizing the outdoor and textile industry since 1993, creating real alternatives to linear apparel with innovative designs. With a focus on doing more with less, to create designs that are timeless, functional,...
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July 19, 2022
REI Path Ahead Ventures Launches Navigate Accelerator Program
REI Path Ahead Ventures is launching its Navigate accelerator program, with an inaugural cohort of six companies. Path Ahead Ventures partners with founders of color as they further their growth in the outdoor industry. The 16-week Navigate program will bring founders together in-person and online to provide funding, mentorship, curated programming...
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July 19, 2022
Primus North America Retains Award-Winning Sespe Group
LOUISVILLE, Colo. (July 19, 2022)/OUTDOOR SPORTSWIRE/ – Primus, the Swedish cooking equipment brand, partners with industry leading independent sales agency, Sespe Group, for regional representation in California, Arizona, Nevada, and Hawaii. The Sespe Group represents a wide range of premium outdoor brands in the hike, climb, ski, run, bike, and lifestyle...
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July 19, 2022
Arcade Belt Co. Announces Shift to REPREVE® Recycled Polyester
OLYMPIC VALLEY, Calif. - July 19, 2022 /OUTDOORS PSORTSWIRE/ - Arcade (https://arcadebelts.com), founded on the belief that belts should function better for freedom of motion, be designed to last longer, and be more comfortable, today announces that all of its belts will now be made with REPREVE®, a post-consumer, certified...