Industry News
Industry News Archive for dates of Tuesday, March 31, 2020 thru Monday, April 13, 2020
- 2021 Games still not guaranteed, warns Olympic chief 04/13/2020 velonews.com - Less than three weeks after the Games were postponed by 12 months to a start date of July 23, 2021, the Chief Executive of the Tokyo Organising Committee has warned there is...
- The Big Gear Show is still on—with some changes 04/08/2020 snewsnet.com - The Big Gear Show is still on—with some changes. Organizers of the next major event on the outdoor industry's calendar, The Big Gear Show, have stated that the first three days of...
- Feeling Down? Anxious? Hostile? A 4-Day-a-Week Exercise Regimen May Help 04/08/2020 nytimes.com - During these trying times, exercise could provide indispensable mental-health support for many of us, according to a timely new study. The study finds that among a generally healthy but sedentary group of adults in...
- Coronavirus: Paris bans daytime outdoor exercise 04/07/2020 bbc.com - Authorities in Paris have banned exercise outside during the day, as deaths from coronavirus continue to rise in France daily. The Paris daytime jogging ban followed a sunny weekend marked by large...
- REI plans to furlough most retail employees for three months 04/07/2020 snewsnet.com - After closing all 162 of its stores last month while keeping employees on the payroll, the company has now decided that many workers will lose income for 90 days. on SNEWS.
- Hylete raises $12 million in equity funding 04/07/2020 sgbonline.com - Hylete, Inc., the fitness lifestyle brand based in Solana Beach, CA, announced a $12 million equity raise under a Regulation A Tier 2 offering. Hylete was founded in 2012 as a direct-to-consumer...
- Emerald Holdings event cancellations totaled $116M in revenue last year 04/06/2020 sgbonline.com - Emerald Holding Inc. said the 23 events it has canceled to date—including Outdoor Retailer Summer Market, which was scrapped last week—accounted for approximately $116 million of 2019 revenue. Emerald ended the first quarter...
- Peloton halts live classes as employee tests positive for COVID-19 04/06/2020 businessinsider.com - Peloton Interactive Inc said on Monday it would pause live production of its exercise videos at its New York and London studios through April 30 after an employee at its New York City-based...
- Penske Media to launch sports business publication Sportico 04/02/2020 footwearnews.com - Penske Media Corp. announced it will launch Sportico, a digital content platform focusing on sports industry news, data, information, strategy, leadership and live media. Sportico joins the PMC portfolio, which also includes titles such...
- Outdoor Retailer Summer Market cancelled 04/02/2020 snewsnet.com - The nation's largest outdoor trade show, previously scheduled for June 23-25 in Denver, has been called off. on SNEWS.
- Honnold’s Monster Cams to Finger Packs: The Best Outdoor Industry April Fools’ Gags of 2020 04/01/2020 gearjunkie.com - Think big! Gear designers have some pretty incredible ideas. Too bad they don’t all become reality. Enjoy some of the most bombastic ideas brands came up with yesterday to puzzle, perplex, and...
- Retail landlords inundated with requests for rent relief 04/01/2020 insideoutdoor.com - The Lamy Group, an international financial management consulting firm specializing in retail and commercial real estate, has evaluated rent relief for retail landlords for decades, but this is the largest number of tenant...
- Columbia Sportswear CEO Tim Boyle cuts own salary to $10K, employees to receive regular pay 04/01/2020 oregonlive.com - Columbia Sportswear Company’s CEO has essentially eliminated his own salary while regular paychecks continue to go out to employees, including those who work at the company’s temporarily shuttered retail stores. Tim Boyle,...
- Adventure Travel Trade Association loses employee to coronavirus 04/01/2020 snewsnet.com - Aliaa Abaza, the Adventure Travel Trade Association's community lead for Europe, the Middle East, and Africa, passed away last weekend from complications of COVID-19. Aliaa is the first member of the outdoor...
