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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May 14, 2021
Inside The Call: Canada Goose Online Growth Accelerates
Canada Goose Inc.’s revenues rose 33.7% in the fourth quarter ended on March 28. In the quarter, sales reached $208.8 million compared to Wall Street’s consensus estimate of $159 million Canadian dollars. Earnings came in at $2.9 million, or 3 cents a share, up from $2.5 million, or 2 cents,...
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May 13, 2021
YETI Sales Explode With 42% Growth And 260% Increase In Net Profits
YETI reported a net sales increase of 42% for the first-quarter (Q1) of 2021 bringing total revenue to $248 million, compared to $174 million during the same period last year. Net profit increased from $8.5 million in Q1 2020 to $30.5 million this year. The stellar results represent the highest...
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May 12, 2021
Merrell, Saucony Lead the Way for Wolverine Even as Overall Sales Fall Short of Expectations
For the three months ended April 3, revenues rose 16.3% to $510.7 million, compared with analysts’ expectations of $511.8 million. By brand, sales at Merrell improved nearly 25%, while Saucony surged close to 60%. Footwear News
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May 11, 2021
Record RV Sales Spur Demand For New, Rehabbed RV Parks
The National Association of RV Parks and Campgrounds estimates more than 53,000 new RV sites will be constructed across the nation in 2021. The Sunshine State has recently seen the addition of 19 new RV resorts, along with more than 20 park expansions. That has brought to a total of...
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May 11, 2021
Jimmy Chin’s Plan to Make the Outdoors More Inclusive
The North Face’s new Explore Fund Council, led by Jimmy Chin and Lena Waithe, has big plans—and a big budget—to make the outdoors more inclusive. Outside
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May 10, 2021
TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science
TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that its partner company, Nuun (the “Company”), an innovative hydration supplement brand, has entered into an agreement to be acquired by Nestlé Health Science. Businesswire
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May 7, 2021
Authentic Brands Group and SPARC to Acquire Eddie Bauer
Authentic Brands Group, LLC, a marketing and entertainment company, and SPARC Group, LLC, a retail enterprise, announced a definitive agreement to purchase Eddie Bauer, the iconic American outdoor brand, from PSEB Group. ABG will own Eddie Bauer’s intellectual property and the brand’s core operating business will become a part of...
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May 6, 2021
GoPro’s First-Quarter Sales Surge 71 Percent
Revenue for Q1 2021 was $204 million, compared to $119 million in Q1 2020. GoPro.com generated $82 million in revenue in Q1 2021, or 40% of total revenue and up 224% year-over-year. SGB Media
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May 6, 2021
IOC and Pfizer strike vaccine deal for Tokyo 2020 athletes
The British Olympic Association has been handed a boost in its bid to vaccinate all its athletes and support staff prior to the start of the Olympic Games in Tokyo in less than 12 weeks’ time. Under a deal struck between the International Olympic Committee and pharmaceutical giant Pfizer, vaccines...
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May 5, 2021
GCI Outdoor Acquired By MacNeill Pride Group
MPG, a portfolio company of Centre Partners, is a designer and manufacturer of outdoor products and sporting goods. Its brands include ORCA, PrideSports, Champ, Pride Golf Tee, and Professional Tee System. SGB Media
