Industry News
Industry News Archive for dates of Thursday, November 7, 2019 thru Wednesday, November 20, 2019
- At $2.6 billion increase, tariffs hit all-time high for outdoor industry 11/20/2019 snewsnet.com - As the trade war with China rages on, new data from OIA reveals that outdoor businesses have paid an additional $2.6 billion in punitive tariffs over the last year, up from $1.3...
- Airbnb Signs ‘$500 Million’ Olympic Sponsorship Ahead Of IPO 11/19/2019 forbes.com - Airbnb has signed a sponsorship deal reportedly worth $500 million with the International Olympic Committee (IOC) ahead of its planned IPO in 2020. Airbnb would commit to providing “guaranteed” accommodation over the...
- E-Bikes Provide Similar Level of Exercise as Regular MTBs, Says New Study 11/19/2019 adventure-journal.com - A new study from health researchers at BYU showed that e-bike riders on mountain bike trails experienced nearly identical heart rates when they rode e-bikes as they did conventional bikes on the...
- ‘Just the beginning’: Companies partner with Backcountry following trademark dilemma 11/19/2019 snewsnet.com - Not only is Backcountry apologizing to smaller brands impacted by its trademark litigation, the online retailer has formed partnerships with at least three so far as part of making reparations with consumers...
- Trail group sues Forest Service for allowing e-bikes on trails 11/19/2019 bicycleretailer.com - A group of trail and forest advocates filed a lawsuit against the U.S. Forest Service for allowing Class 1 e-bikes on non-motorized trails in the Tahoe National Forest without first conducting a...
- Patagonia Opens First ‘Worn Wear’ Clothing Store 11/14/2019 gearjunkie.com - Patagonia’s Worn Wear Collection offers a selection of used products the brand buys back from customers, washes, mends, and redesigns. So far, the collection features everything from NanoPuff jackets to vests, pants,...
- Kelly Slater to host reality show “Ultimate Surfer” 11/14/2019 surfertoday.com - The World Surf League (WSL) and the American Broadcasting Company (ABC) announced the launch of a reality show at the Surf Ranch, in Lemoore, California. "Ultimate Surf" will feature America's most promising...
- Alterra Mountain Co. to acquire Vermont’s Sugarbush Resort 11/13/2019 aspentimes.com - Alterra Mountain Co. announced Wednesday that it has entered into an agreement to purchase Sugarbush Resort in Vermont, which will bring the company’s total to 15 year-round mountain destinations throughout North America,...
- Canada Goose’s Q2 Revenues Climb 27.7 Percent 11/13/2019 sgbonline.com - Canada Goose reported earnings rose 24.5 percent in the second quarter ended September 29 as sales grew 27.7 percent to $294 million.
- ABG Helps Volcom Land Olympic Outerwear Deal 11/12/2019 shop-eat-surf.com - Thanks to owner Authentic Brands Group, Volcom is the new outfitter of the U.S. Snowboard team for the 2022 Beijing Olympic Winter Games.
- Meet the new editor of BACKPACKER 11/11/2019 snewsnet.com - Shannon Davis's is BACKPACKER's new editor-in-chief. In 2005, he became BACKPACKER's associate editor and worked his way up to senior editor. He also briefly and simultaneously guided on Mt. Rainier with RMI...
- Backcountry Fires Law Firm, Drops All Lawsuits, Begins Rebuilding Relationships 11/08/2019 gearjunkie.com - No more lawsuits, no more lawyers. In an interview with GearJunkie, Backcountry CEO Jonathan Nielsen reaffirmed the company made a mistake and is committed to meaningful action.
- Vista Outdoor’s Organic Sales Drop 7 Percent in Second Quarter 11/07/2019 sgbonline.com - Vista Outdoor Inc. reported break-even results on an adjusted basis in the second quarter as sales slid 7% on an organic basis. The company again slightly lowered its sales guidance due to...
- Remembering Gert Boyle, the Legend Behind Columbia 11/07/2019 outsideonline.com - She escaped the Nazis, stuck it to the men, turned the outdoor industry on its head, and made us laugh. All while seeking perfection.
- GoPro stock surges after results come in better than feared 11/07/2019 marketwatch.com - The company posted a net loss of $75 million, or 51 cents a share, compared with a loss of $27 million, or 19 cents a share, in the year-earlier period. After adjusting...
