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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March 15, 2022
Vail Resorts increases minimum wage
Back in January, the VR leadership acknowledged the issues and vowed to improve conditions across the board, taking immediate action where possible, such as replacing the General Manager at Stevens Pass and implementing a new bonus structure aimed at retaining workers. Yesterday, Vail announced plans to make serious inroads into the staff...
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March 14, 2022
Vail Resorts Sees Improving Trend In Skier Visits
Vail Resorts, Inc. said season-to-date through March 6, 2022, total skier visits were up 11.7% compared to the prior year’s season-to-date period and up 2.8% compared to the fiscal year 2020 season-to-date period. Net income attributable to Vail Resorts, Inc. was $223.4 million for the second fiscal quarter of 2022...
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March 14, 2022
American Outdoor Brands to Acquire Grilla Grills
American Outdoor Brands, an industry leading provider of products and accessories for rugged outdoor enthusiasts, forged an agreement to purchase Grilla Grills, a privately owned provider of barbecue grills, Wi-Fi-enabled wood pellet grills, smokers, accessories and modular outdoor kitchens. The transaction amounted to $27 million in cash, or approximately $24...
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March 14, 2022
A Whole Lotta Public Land Is ‘Landlocked’ and Inaccessible
Landlocked public lands are pieces of land owned by all of us that are surrounded by private land. Many times, either the government or land conservancies will try to buy the private land to allow access to the public lands within. But that often can’t happen. There are nearly 16...
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March 11, 2022
America’s busiest search-and-rescue system at risk of collapse, study finds
In Colorado, where the number of outdoor users is quickly outpacing the bandwidth of local search and rescue (SAR) teams, volunteer rescuers aren’t just unpaid—they’re spending over $1,500 of their own money each year to save other people’s lives. That’s according to a landmark new study conducted by Colorado Parks...
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March 9, 2022
Bouldering Project Expands With Big Acquisitions
It was recently announced that the Bouldering Project—which operates six facilities across Minneapolis, Seattle and Austin (and a seventh on the way in Salt Lake City)—has acquired three additional facilities that previously operated as Brooklyn Boulders gyms. These three newly acquired properties are located in Brooklyn, Boston and Washington D.C.,...
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March 9, 2022
Former WSL and Hurley Exec Named CMO of Columbia Brand
Columbia Sportswear Company (Nasdaq: COLM), a leading innovator in active outdoor apparel, footwear, accessories and equipment, today announced the appointment of Pri Shumate as Chief Marketing Officer for the Columbia brand. In this role, Pri will report to Joe Boyle, Executive Vice President and President of the Columbia brand, effective...
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March 8, 2022
Dick’s SG’s Again Tops Expectations In Q4
Dick’s Sporting Goods reported earnings on an adjusted basis grew 50 percent in the fourth quarter ended January 29 on a 5.9 percent same-store sales gain. Both earnings and sales topped Wall Street’s guidance, with the period marking Dick’s largest sales quarter. Earnings are expected to decline in the current...
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March 3, 2022
Patent-infringement cases against The North Face and Columbia can move forward, judge rules
A Colorado district judge ruled late last month that Colorado-based Cocona Labs, creators of 37.5 Technology, can move forward with two separate lawsuits accusing The North Face (TNF) and Columbia of patent infringement. The two cases date to 2016, when Cocona sued VF Corporation (TNF’s parent company) and Columbia Sportswear...
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March 3, 2022
REI Employees Successfully Vote to Unionize
It was an overwhelming “yes.” In an 88-14 vote, employees at the Manhattan REI voted to approve a union. It’s the first REI to do so, and follows on the heels of chains like Starbucks seeing similar union drives in the service and retail sector. Adventure Journal
