News Topics
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May 20, 2022
Outside Inc. Lays Off 15% of Staff as It Transitions to Digital
Outside Inc. told staff on Friday that it would be laying off around 15% of its 580-person workforce––between 85 to 90 people––as the bundled publisher continues its transition to a primarily digital company, the Denver Business Journal reported Friday. The media company, which is composed of 36 individual publishers including Backpacker, Ski...
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May 20, 2022
Lippert Announces $200M Stock Repurchase Plan
LCI Industries announced that its board has authorized a $200 million stock repurchase program over the next three years. The program may be modified, suspended or terminated at any time by the company. Lippert said repurchases will be funded from its LCI’s existing cash and cash equivalents, future cash flows and its...
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May 20, 2022
Thoughts on Outside’s Layoffs, Outdoor Media, and Adventure Journal
Anyone who is surprised by the news that Outside is reducing its stable of magazines and laying off approximately fifteen percent of its staff was not paying attention. Adventure Journal
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May 19, 2022
Dozens of Outdoor Brands Commit to Ambitious Climate Accords
The coalition of 70 Scandinavian outdoor brands aligned its membership with the Intergovernmental Panel on Climate Change’s (IPCC) global warming recommendations. SOG will now require member brands to commit to a maximum 1.5-degree C global warming target in 2022. Specifically, the brands will comply with the UNFCCC’s Race to Zero...
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May 19, 2022
Canada Goose Posts Surprise Profit In Fiscal Fourth Quarter
Total revenue increased by 6.8 percent to $223.1 million from $208.8 million. Due to a 53-week fiscal year, the current quarter ended April 3, 2022 started and concluded one week later than the comparative quarter. Using the same trading weeks as the comparative quarter in both periods, total revenue would...
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May 19, 2022
The North Face Helps Drive VF Corp. Revenue Increases in Q4, While Vans’ Sales Flatten
Shares for VF Corporation rose 3% in after market on Thursday as the company reported its fourth quarter and full year fiscal 2022 results. On Thursday, VF reported a revenue increase of 9% to $2.8 billion in the fourth quarter of 2022. VF Corp. said in a statement that revenue...
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May 18, 2022
Glamping Show USA Opens Registration for ‘22 Event
Registration is now open for The Glamping Show USA which will run from Oct. 4-5 at the Arapahoe County Fairgrounds in Aurora, Colo. Woodall's Campground Magazine
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May 18, 2022
Mobile Off-Grid Oasis: The wanderBOX Outpost 35 Off-Grid Camper
The wanderBOX Outpost 35 off-grid camper is a $400,000 home on wheels ready for some serious remote adventuring, living, and working. When tech industry veteran Mike Barnwell couldn’t find the camper he wanted, he decided to make one himself. Gear Junkie
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May 18, 2022
3 men sentenced for wading in river with feeding bears at Katmai
Three men were sentenced Monday for leaving a popular bear viewing platform in Katmai National Park and Preserve and wading into the river toward brown bears feeding on salmon, according to federal prosecutors. Alaska Public
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May 18, 2022
US cyclo-cross stalwart Jingle Cross cancelled after UCI designation disappears
The popular Iowa cyclo-cross races at Jingle Cross, which started 18 years ago, will not run in 2022. After hosting UCI-sanctioned cyclo-cross races since 2007, including five World Cup events since 2016, John Meehan, event founder and race director, announced he has pulled the plug on the event for this...