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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April 13, 2022
REI 2021 Financial Results vs. 2019
REI reported its 2021 financial results Tuesday and the numbers provide good insight into just how much the outdoor industry is growing – especially compared to Before Times. REI’s 2021 revenue totaled $3.7 billion, a 20% increase over 2019. Shop Eat Surf
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April 11, 2022
Vail Resorts Announces Affordable Employee Housing Investments
Vail Resorts announced four investments to provide accessible and affordable housing for its employees at Park City Mountain in Utah, Whistler Blackcomb in British Columbia, Vail Mountain in Colorado, and Okemo Mountain Resort in Vermont as part of the company’s strategic focus on investing in the employee experience. Shop Eat Surf
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April 8, 2022
Can Blockchain Help Save the Wilderness? These Groups Think So
Cryptocurrency and the technology around it has gained a reputation as an environmental disaster. Armed with computer savvy and more efficient tech, a new class of conservation groups think it could be a force for good. Outside Business Journal
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April 6, 2022
Over Half of U.S. Waters Are Too Polluted to Swim or Fish
Earlier today, the US Supreme Court issued a ruling on a case brought before under the “shadow docket” — essentially a case decided quickly, without the usual arguments before the court — that peeled back important parts of the Clean Water Act, essentially granting heavy industry a major victory. The...
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April 5, 2022
New Forest Service E-Bike Ruling: Potential Access to Non-Motorized Trails
The directive provides more explicit e-bike guidance but also floats the possibility of granting e-bike access to traditionally motor-free trails on a case-by-case basis. Regional authorities, environmental analysis, and public input will all be necessary to determine whether expanded eMTB access is desirable at the local level. Gear Junkie
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April 2, 2022
Family-owned campgrounds snapped up by private investors, boosting sale prices and site rates
Family-owned campgrounds that were purchased for well less than $1 million just a few years ago are now being snapped up by investors for several million dollars. Parents who had planned to transfer park ownership to their children now find themselves with an asset that is either too valuable to...
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March 28, 2022
Vail Resorts Acquires Majority Stake in Swiss Resort
Vail Resorts, Inc. (“Vail Resorts”) is acquiring a 55-percent ownership stake in Andermatt-Sedrun Sport AG, which controls and operates all of the resort’s mountain and ski-related assets, including lifts, most of the restaurants and a ski school operation. ASA will retain a 40-percent ownership stake in Andermatt-Sedrun Sport AG, with...
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March 21, 2022
New Yosemite Reservation Requirements for 2022: All You Need to Know
Unusually high construction initiatives will force new reservation requirements for summer 2022, according to Yosemite officials. As concern over Yosemite Valley’s increasing traffic problem mounts and construction projects pile up, park officials responded with a new permit system. Gear Junkie
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March 21, 2022
Hunting Numbers Are Down—So What Does That Mean for Conservation Funding?
Gun and ammunition sales in the U.S. have skyrocketed in recent years. And although it may come as a surprise, this trend has supported conservation activities. Adventure Journal
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March 17, 2022
Dexter Acquires HiSpec Wheel & Tire, Inc.
NOVI, Mich. - DexKo Global Inc. announced that its wholly-owned subsidiary, Dexter Axle Company (“Dexter”) acquired HiSpec Wheel & Tire, Inc. (“HiSpec”), located in Mishawaka, IN. Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires, and related accessories to the RV, trailer and transportation industries. The company has earned a reputation for offering the...

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