Industry News
Industry News Archive for dates of Tuesday, March 17, 2020 thru Monday, March 30, 2020
- Grassroots cancels Connect Show and goes digital 03/30/2020 snewsnet.com - The show was scheduled to go down June 12-15 in Knoxville, Tennessee, one week ahead of Outdoor Retailer, which has not yet announced a cancellation. Instead, Grassroots has created a three-part "collaborative...
- U.S. Olympic orgs to lose more than $120M in revenue, data shows 03/30/2020 espn.com - The postponement of the Tokyo Games has catapulted the sports organizations that make up the backbone of the U.S. Olympic team into crisis. At least one has already started layoffs, and others...
- Nepal airlifting foreign trekkers from Everest region, sending them home 03/26/2020 adventureblog.net - After closing Everest for the spring 2020 climbing season, then shutting down all trekking activity a few days back, the government in Nepal is now working on just how to get all...
- Small Business Relief Tracker: Funding, grants and resources for business owners grappling with coronavirus 03/26/2020 forbes.com - In an effort to help business owners find financial relief, we’ve rounded up all of the government agencies, private companies and nonprofit organizations that are extending support. on Forbes.
- Lululemon’s Q4 earnings top estimates on online sales surge 03/26/2020 sgbonline.com - Lululemon Athletica Inc. reported net earnings rose 36.4 percent and slightly exceeded Wall Street’s targets. Same-store sales soared 20 percent, lifted by a 41 percent hike in online sales. Net revenue was $1.4...
- It’s time for the outdoor community to step up 03/25/2020 outsideonline.com - Some people are behaving badly in the face of a pandemic. Others are making the outdoor world proud. on Outside.
- Mum sets up epic obstacle course for her kids in quarantine. 03/25/2020 thesun.co.uk - One mum has come up with a genius idea, sharing on her Facebook page just exactly how she plans to keep her toddler busy, with an elaborate obstacle course. on Kidspot.
- Tokyo 2020 sponsors will retain rights in 2021, says Bach 03/25/2020 sportspromedia.com - A number of the IOC’s TOP sponsorship contracts are set to expire at the end of 2020, including those with General Electric, Procter & Gamble and Dow, and their status had been...
- Why Dick’s Sporting Goods is suspending CEO and president salaries amid the coronavirus pandemic 03/25/2020 footwearnews.com - Top executives at Dick’s Sporting Goods will not take home pay for a temporary period as the retailer braces itself for the coronavirus’s impact on its business. What’s more, Dick’s announced reductions in...
- Tokyo 2020 Olympics officially postponed until 2021 03/24/2020 espn.com - Never before had the Olympic Games been postponed or canceled for something other than war, but on Tuesday, Japan Prime Minister Shinzo Abe and International Olympic Committee president Thomas Bach agreed to postpone...
- Alpenglow Sports sells $75k in gift cards in just four days 03/23/2020 snewsnet.com - Owner Brendan Madigan asked his community to #SaveYourLocalGearShop. And they did.
- Peloton temporarily suspends sales and deliveries of its treadmill 03/23/2020 theverge.com - Peloton announced that it will temporarily suspend the sale and delivery of its Tread, a treadmill with a touchscreen to stream live and on-demand classes, because the size of the machine is too...
- IOC member says 2020 Tokyo Olympics will be postponed because of coronavirus pandemic 03/23/2020 usatoday.com - Veteran International Olympic Committee member Dick Pound, a Canadian who has been one of the most influential members of the IOC for decades, said the games will likely be moved to 2021, with...
- Facebook is giving out $100 million in small-business grants. 03/19/2020 inc.com - Tuesday's announcement by Facebook that it will offer $100 million in grants to 30,000 small businesses may well be the sort of watershed moment that's been needed to spur entrepreneurship and small business growth well into the...
- National Park Service to waive entrance fees at open parks to aid social distancing 03/19/2020 cnn.com - Secretary of the Interior David Bernhardt has directed the National Park Service to the waive entrance fees at all national parks that remain open during the coronavirus pandemic in an effort to...
- Under Armour announces $2M donation to support those impacted by the coronavirus pandemic 03/19/2020 footwearnews.com - The company said it will split the donation between a pair of nonprofit organizations. Feeding America will receive a donation of $1 million and another $1 million in money and product will go to...
- Recreate in place? How people are safely getting outside to exercise in the coronavirus age 03/19/2020 mercurynews.com - Medical experts encourage a healthy lifestyle that includes exercise and fresh air amid lockdowns and coronavirus pandemic. Find how others are navigating in the Mercury News.
- Nike commits $15M toward COVID-19 fight — Including personal donations from new and former CEOs 03/18/2020 footwearnews.com - Nike has pledged over $15 million to fight the virus — including $10 million in contributions Phil Knight, co-founder and chairman emeritus, Mark Parker, former CEO and current executive chairman of the and...
- Vail Resorts details economic hit from closures 03/18/2020 shop-eat-surf.com - Vail Resorts' North American mountain resorts and retail stores will remain closed through the remainder of the 2019/2020 North American ski season. Additionally, the company anticipates that its operating results for March...
- On a lighter note: homemade soap treadmills 03/18/2020 runningmagazine.ca - Runners stuck at home have come up with an interesting substitute for a treadmill. on Canadian Running.
- National Parks Are Still Open Despite COVID-19 03/18/2020 outsideonline.com - Despite warnings about crowds and the spread of the coronavirus, the National Park Service is keeping most of its units open for now, but a number of parks are starting to close...
- On a lighter note…We ate 26 energy products in one go and this is what happened 03/18/2020 bikeradar.com - BikeRadar is known for its comprehensive, authoritative testing, so they decided to try every product in the Clif Bar range in a single sitting. Find out what their favorite flavors were and what...
- Cancel the Olympics? Postpone them? Every alternative has problems. 03/17/2020 washingtonpost.com - As novel coronavirus fears have essentially shut down daily life in many areas and forced sports leagues around the globe to cancel play and suspend operations, the International Olympic Committee has been resolute in...
- They Went Off the Grid. They Came Back to the Coronavirus. 03/17/2020 nytimes.com - 25 days rafting through the Grand Canyon meant no access to the news - and a new reality when the trip ended. in the Wall Street Journal.
- Boardriders Sells Xcel Wetsuits 03/17/2020 shop-eat-surf.com - Boardriders Inc., a leading global action sports and lifestyle company that designs, produces and distributes branded apparel, footwear and accessories under the Quiksilver, Billabong, ROXY, DC Shoes, RVCA and Element brands announced...
