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Industry News

Industry News Archive for dates of Tuesday, February 11, 2020 thru Monday, February 24, 2020
  • Garmin’s Q4 beats expectations on strong fitness growth 02/19/2020  sgbonline.com - Garmin Ltd. reported fourth-quarter earnings that beat expectations and provided an upbeat outlook for 2020. All of Garmin’s business segments beat expectations, led by Fitness, up 34 percent; Marine and Aviation, both...
  • Yeti Announces Secondary Stock Offering 02/18/2020  shop-eat-surf.com - YETI Holdings, Inc. (“YETI”) (NYSE: YETI) announced today the commencement of an underwritten public offering (the “Offering”) of 15,000,000 shares of YETI’s common stock by certain of its stockholders.
  • The first all-backcountry ski resort opens in Colorado 02/17/2020  snewsnet.com - Bluebird Backcountry, a “human-powered” resort 20 miles north of Kremmling, Colorado, with 300 acres of avalanche-evaluated inbound territory, another 1,200 acres of true backcountry terrain, and exactly zero chairlifts has now...
  • Arizona Is Getting an 11-Acre Surfing Wave Park That Generates 1,000 Waves Per Hour 02/17/2020  theinertia.com - When it comes to technology that’s winning (so much winning! you’ll be tired of winning!) in terms of feasible operations, look no further than Wavegarden. The Cove technology is popping up in...
  • Female Adventurers Launch Magazine by and for Women 02/17/2020  gearjunkie.com - It’s 2020, and women are still underrepresented in coverage of sports and the outdoors. Two women are hoping to change that with HiHeyHello, a print magazine celebrating women’s outdoor culture.
  • Cancellations, consolidations drag down Emerald’s 2019 02/13/2020  sgbonline.com - Emerald Expositions Events Inc. on Thursday announced revenue declines of 21.2 percent for the fourth quarter and 5.2 percent for the full year of 2019 driven by event cancellations, including Surf Expo,...
  • The Great Fitness Scam 02/12/2020  outsideonline.com - The United States leads the world in spending for health and fitness but still ranks lowest in measurements of actual health. How do we break the cycle?
  • Spartan officially acquires Tough Mudder UK 02/12/2020  obstacleracingmedia.com - As has been reported in recent weeks, Spartan has been acquiring the UK properties of Tough Mudder. Today it became official and all events scheduled for 2020 will occur as planned. This...
  • Under Armour misses Q4 targets and delivers weak outlook 02/11/2020  sgbonline.com - Under Armour Inc. reported an unexpected fourth-quarter loss and missed Wall Street estimates for its revenues. The company also warned of soft 2020 results and said it’s considering another massive restructuring initiative...
  • Strava hits 50 million athletes and 3 billion activity uploads 02/11/2020  endurancebusiness.com - Strava athletes shared more than 1 billion activities in the last 13 months, surpassing 3 billion total activity uploads to the social fitness community since its founding in 2009.

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