Industry News
Industry News Archive for dates of Tuesday, July 28, 2020 thru Monday, August 10, 2020
- If You’re Diagnosed with Cancer, Don’t Quit Exercising 08/09/2020 outsideonline.com - The American College of Sports Medicine (ASCM), the American Cancer Society, and 15 other international organizations published new exercise guidelines for people with cancer. Researchers cited the fact that exercise not only...
- Acting National Park Service Director announces abrupt retirement 08/07/2020 snewsnet.com - He announced abruptly that he would depart his role as de facto head of the NPS and retire. Vela will be replaced by principal deputy director of the U.S. Fish and Wildlife...
- The shady world of pro deals 08/07/2020 snewsnet.com - Are pro programs a legitimate perk for industry professionals or a discount sales channel run amok? Some insiders are calling the whole scene a complete farce. Here's why on SNEWS.
- Yeti Posts Strong Quarter in Midst of Pandemic 08/06/2020 shop-eat-surf.com - Yeti turned in a blockbuster quarter given the circumstances with increases in both the top and bottom lines. Sales for the quarter ended June 27 rose 7% to $247 million driven by...
- GoPro’s Q2 Revenues Drop 54 Percent 08/06/2020 sgbonline.com - GoPro reported sales fell 54.1% in the second quarter ended June 30 to $134.2 million from $292.4 million a year ago. Revenue for Q2 2020 was $134 million, a 12% sequential improvement...
- Fitbit Reports Second Quarter Results for the Three Months Ended July 4, 2020 08/05/2020 businesswire.com - Fitbit, Inc. reported revenue of $261 million, GAAP net loss per share of $(0.39), non-GAAP net loss per share of $(0.12), GAAP net loss of $(104) million, non-GAAP net loss of $(32)...
- Merrell and Sperry Parent Handily Tops Forecasts Despite Widespread Store Closures 08/05/2020 footwearnews.com - Amid the coronavirus pandemic, business at Wolverine World Wide Inc. appears to be bouncing back. Reported second-quarter financial results beat analysts’ expectations: For the three months ended June 27, it logged adjusted...
- Camping World Triples Q2 Net Income On 9 Percent Sales Gain 08/05/2020 sgbonline.com - Camping World Holdings, Inc. reported revenue increased 9%, or $132.4 million, to $1.61 billion for the second quarter ended June 30. SG&A expenses as a percentage of gross profit were 56% for...
- Fitbit Sees 17 Percent Q2 Revenue Decline 08/05/2020 sgbonline.com - Fitbit Inc., which has agreed to a merger with Google, reported sales fell 16.7% in the second quarter, to $261.3 million from $313.6 million a year ago. The net loss came to...
- The New Panic Buys: Kayaks, Pools, Tents and Trampolines 08/04/2020 nytimes.com - First was the bike rush, which caused shortages that, for some brands, run into next year. Next were kayaks and stand-up paddle boards, and then, running shoes. Next up are camping gear....
- The Great American Outdoors Act has become law 08/04/2020 snewsnet.com - One of the largest conservation bills drafted in recent memory was signed into law today, ending a months-long process. The Great American Outdoors Act guarantees mandatory, permanent financing of the Land and...
- Emerald Holding’s Q2 Marred By Event Cancellations 08/03/2020 sgbonline.com - Emerald Holding Inc., the parent of Outdoor Retailer, Surf Expo and other trade shows, reported a steep decline in revenues in the second quarter due to event cancellations. To date, Emerald has...
- Former president of Smartwool, Mark Satkiewicz, dies at age 52 08/03/2020 snewsnet.com - A partner at SBT GRVL, former GM of TOMS, and former president of Smartwool, Satkiewicz passed away this weekend after a suspected cardiac incident during a bike ride near his home in...
- Under Armour warns sales will decline as much as 25% in second half of 2020 07/31/2020 cnbc.com - Under Armour said Friday that it was “encouraged” by the momentum it has seen in June and July, as its stores are reopening after temporarily being shut. During an earnings call, however,...
- Nepal Announces Reopening of Borders, Climbing this Autumn 07/31/2020 climbing.com - On August 17, Nepal will resume domestic and international air travel, once again open its borders to tourism, and issue climbing permits to selected peaks for the autumn season. on Climbing.
- Columbia Sportswear Looks To Fall/Winter Season, E-Commerce As Opportunities 07/31/2020 sgbonline.com - Columbia Sportswear’s second-quarter direct-to-consumer e-commerce business grew 72% year-over-year and represented 28% of global net sales during the quarter as the company managed through the impact of the global COVID-19 pandemic. on...
- Nike Details 500 HQ Layoffs in New Filing 07/31/2020 footwearnews.com - The company said it would permanently reduce its workforce by 500 employees at its Beaverton, Ore. headquarters. The layoffs will begin Oct. 1, with additional separations expected after that date. on Footwear...
- The Best Employers For Women In 2020. 07/29/2020 forbes.com - This year, sporting goods retailer REI jumped 20 places to grab top spot with a score of 87.6. British-Dutch multinational Unilever comes second on this year's list with a score of 87.03...
- National Parks Are Getting Trashed During COVID-19, Endangering Surrounding Communities 07/29/2020 time.com - This spring, following the onset of coronavirus, the park’s condition started to drastically worse - litter, graffiti, parked cars and hundreds of people splashed maskless in the canyon’s pools. on Time.
- Consumer Electronics Firm Garmin Tops Views On Fitness Device Strength 07/29/2020 investors.com - The outdoor recreation, fitness and navigation device maker crushed Wall Street's targets for the second quarter, but the Garmin earnings news pushed GRMN stock lower. on Investor’s Business Daily.
- Outdoor Retailer Online: What went right, what didn’t, and what we’ve learned so far 07/29/2020 snewsnet.com - Last week, virtual events faced perhaps their biggest litmus test yet when Outdoor Retailer Online opened to brands, retailers, media, and designers across the world. Whether or not it succeeded depends on...
- Row House Surpasses 300 Franchise Agreements 07/28/2020 sgbonline.com - With close to 75 studios already open, the accomplishment falls in line with the brand’s goal to have over 300 new locations by 2022. Recently signed agreements will bring at least one...
- Spartan Race Cancels The Rest Of The U.S. 2020 Season 07/28/2020 obstacleracingmedia.com - Since March, it has been a never-ending series of postponements, venue changes and overall uncertainty. Spartan has been working consistently with local governments, attempting to get more events going during the pandemic,...
