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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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September 23, 2022
Exclusive: Black Folks Camp Too Signs First State RV Association as Partner
North Carolina-based Black Folks Camp Too (BFCT), a company that strives to connect the outdoor industry to what it says is a vastly untapped market – Black people – announced that for the first time, it is partnering with a statewide RV dealers association. Dealers Association has signed with BFCT founder Earl...
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September 22, 2022
Wolverine Worldwide, 3M To Pay $54M In PFAS Class Settlement
A judge has given tentative approval in a $54 million settlement involving Wolverine Worldwide and 3M Co. related to a class action lawsuit over PFAS chemicals that contaminated drinking water in western Michigan. The chemicals from a since-closed tannery were discovered five years ago. SGB Media
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September 22, 2022
Columbia Sportswear Looks to Add $700 Million in Net Sales by 2025, Fueled by Growth at Sorel
At its first investor day since going public in 1998, Columbia Sportswear Co. outlined ambitious long-term growth targets. The Portland, Ore.-based sportswear company on Thursday laid out a goal to add over $700 million in net sales by 2025, a strategy that hinges on growth in footwear, digital sales and...
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September 21, 2022
Dick’s Sporting Goods opening more Public Lands’ stores
Dicks’s Sporting Goods is more than doubling its Public Lands’ store portfolio. The sporting goods giant will open four Public Lands stores this fall, starting in Framingham, Mass., on October 14. Additional locations include Melville, N.Y., on October 21; Kennesaw, Ga., on October 28; and Medford, Ore., on November 4. CSA
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September 15, 2022
Patagonia’s billionaire owner gives away company to fight climate crisis
Setting a new example in environmental corporate leadership, the billionaire owner of Patagonia is giving the entire company away to fight the Earth’s climate devastation, he announced on Wednesday. Patagonia founder Yvon Chouinard, who turned his passion for rock climbing into one of the world’s most successful sportswear brands, is...
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September 14, 2022
Alterra Mountain Company Acquires Ski Butlers
Alterra Mountain Company announced it has acquired ski equipment rental and delivery company Ski Butlers. The Park City, Utah-based Ski Butlers will continue to operate as a standalone business providing services to 50 ski destinations worldwide. Ski Butlers Chief Revenue Officer Mike Cremeno said the acquisition was a “super clean”...
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September 13, 2022
Thule Warns Of Bike Market Inventory Imbalance
Thule Group said excessive inventory levels in the cycling channel have worsened in recent months and would impact sales and profitability in the second half of the year. Thule noted that it communicated in its half-year report on July 21 that the general market in bike retail, at the time,...
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September 9, 2022
Oofos Receives Investment From Derek Carr
Las Vegas Raiders Quarterback, Derek Carr, has invested in the recovery footwear maker Oofos as part of a multi-year partnership that also sees Carr as a brand ambassador. SGB
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September 8, 2022
Alterra Mountain Company acquires Park City based Ski Butlers
Alterra Mountain Company announced in a press release that it has acquired ski equipment rental and delivery company Ski Butlers. Ski Butlers will continue to function as a standalone business and to provide services to 50 ski destinations across the world. Townlift PCN
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September 8, 2022
RVs Are Going Mainstream — But Will the Boom Last?
Lockdowns led to a surge in RV purchases. For new and existing customers alike, RV life helped counteract the claustrophobia of lockdown life, offering a responsible way to travel and take advantage of their newfound ability to work from home. The trend persisted into 2021, which saw an all-time record...
