News Topics
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November 24, 2020
Athleta’s Q3 Sales Jump 35 Percent
Net sales were flat year-over-year at $4.0 billion, above Wall Street’s consensus estimate of $3.80 billion. The performance reflected a 61% increase in online sales, offset by a 20% decline in store sales. Notably, 40% of the company’s sales were online in the third quarter. Athleta operated 198 stores at...
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November 23, 2020
RV Industry Asks for Essential Status Ahead of Potential Lockdown
The RV Industry Association has urged all fifty US governors as well as the federal Cybersecurity and Infrastructure Security Agency to consider the RV industry as essential. The move comes when COVID cases are again spiking, leading many governors to consider a new lockdown that would include stay-at-home orders and...
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November 23, 2020
RV Retailer Expands into Utah with Acquisition of Sierra RV
RV Retailer LLC announced its acquisition of Sierra RV based in the Salt Lake City market. Sierra RV will be RV Retailer’s first location in the state of Utah and the company’s 10th state of operation. The transaction also represents the Fort Lauderdale, Fla.-based dealer network’s 11th acquisition in 2020....
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November 23, 2020
Into Not So Thin Air—How Global Warming Is Altering Oxygen Levels on Everest
A new study at iScience shows how oxygen levels change at Everest’s highest elevation depending on air pressure, and with warmer summers the air pressure will be higher, meaning more oxygen should be available near the summit. The increase in oxygen is expected to be “physiologically relevant” for climbers attempting...
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November 20, 2020
The Backcountry trademark fiasco, one year later
One year after The Colorado Sun broke a huge story that became one of the year’s biggest scandals in the outdoor industry, SNEWS followed up with some of the affected companies to see if the online retailer Backcountry.com has made good on its promises.
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November 20, 2020
How COVID-19 Could Actually Be Good for Skiing
Resort executives are warning customers that skiing will be different this season, with the coronavirus pandemic and ensuing restrictions reminding skiers of that. Outside
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November 19, 2020
Camping World To Acquire All RV Needs
Camping World Holdings Inc. announced an agreement to acquire All RV Needs in Medford, OR. All RV Needs will be rebranded as Gander RV and offer a wide range of new and used RV’s from top manufacturers and brands. SGB Media
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November 19, 2020
Want To Buy A Winnebago? There’s A Two-Year Waiting List As RV Sales Continue To Skyrocket
Winnebago, the most recognizable name in RVs, has a two-year waiting list. Their stock jumped a whopping 2.9%, closing at $51.45. Private-equity firm KKR is investing more than $100 million in a peer-to-peer rental platform for recreational vehicles, RVShare. Forbes
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November 19, 2020
Backing up a trailer is really hard, but this $100,000 SUV offers a new solution
A $100,000 Lincoln Navigator Black Label features Pro Trailer Backup Assist – technology to back trailers in the intended direction. And for experienced trailer backers who are used to doing it manually, there may not be a lot of benefit for simple jobs, like just sliding the trailer back into...
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November 18, 2020
Camping World declares special dividend
Camping World Holdings Inc. announced that its Board of Directors declared a cash dividend of $1.00 per share on the company’s Class A Common Stock and a cash distribution of 29 cents per common unit on CWGS Enterprises, LLC’s common units. RVBusiness
