Sports News and Press Releases about Outdoor Industry Business
Want to stay up to date on the latest press releases and business news in the outdoor sports and camping industries? Scroll below to view all outdoor industry business news.-
October 11, 2024
Vasque Going Out of Business: Iconic Footwear Brand to Cease Operations
Minnesota-based footwear maker Vasque will cease all operations. A subsidiary of Red Wing Shoe Company, Vasque began making hiking-focused shoes and boots 60 years ago — a market that, at the time, was just emerging among American consumers. It’s unclear when the brand will officially close its doors, though Red Wing...
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October 11, 2024
Vasque Going Out of Business: Iconic Footwear Brand to Cease Operations
Minnesota-based footwear maker Vasque will cease all operations, the brand confirmed to GearJunkie today. It’s unclear when the brand will officially close its doors. GearJunkie
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October 9, 2024
Salomon, Arc’teryx Parent Amer Sports Reports 60% Revenue Growth in China’s Golden Week
Amer Sports, the parent company of Arc’teryx, Salomon, and Wilson, grew its Golden Week revenue in China by 60% year-over-year, according to a news release shared by the company. The Daily
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October 9, 2024
Zion Outfitter Owner Charged with Tax Evasion
The owner of Zion Outfitter, a tour guide operator and rental shop near Zion National Park’s entrance, is accused of evading over $1.8 million in taxes. Court documents allege 42-year-old Phyllip Hallman Heaton, of Washington, failed to report over $5.4 million in sales between 2018 and 2022. SGB Media
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October 8, 2024
Ski Kare Has New Owners
Ski Kare, LLC, the largest distributor of Vola Racing Waxes in the United States, was acquired by Kyle and Rachel Kucin. Gifford Hoback, the former owner, will continue to work for the company in a consulting and manufacturing capacity. Ski Kare said it will continue to offer products for retail...
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October 7, 2024
Remington, Bushnell, CamelBak, and More Sold as Vista Outdoor Ruptures
Vista Outdoor, the parent company of dozens of iconic hunting, fishing, and gear brands, is about to be divvied up and sold. On Friday, the Anoka, Minnesota-based conglomerate announced that it had agreed to split itself into two parts to be sold to two distinct buyers in deals valued at a total of...
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October 6, 2024
The North Face Expands Resale Program
The North Face expanded its Renewed trade-in program, allowing customers to return preowned items online and in stores. The trade-in portion of the program was previously in-store only, per a spokesperson for resale platform Archive, which powers the program. The North Face will give customers brand credit for each qualifying...
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October 6, 2024
Orvis Sets Layoffs and Store Closures; Discontinues Catalog
Orvis announced plans to lay off 112 employees, or 8 percent of Orvis’ workforce, close some of its retail stores and discontinue its iconic catalog to enable a smaller and more agile business. In the U.S., Orvis operates 70 retail stores and 10 outlets. In the UK, the company operates 18 retail...
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October 6, 2024
Orvis Sets Layoffs and Store Closures; Discontinues Catalog
Orvis announced plans to lay off 112 employees, close some of its retail stores and discontinue its iconic catalog “to enable a smaller and more agile business.” The 112 employees affected by the layoffs represent 8 percent of Orvis’ workforce. In the U.S., Orvis operates 70 retail stores and 10 outlets. In...
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September 30, 2024
September RV Shipments Hold Steady
Results for the RV Industry Association’s September 2024 survey of manufacturers found that total RV shipments ended the month with 24,595 units, a decrease of (-0.4%) compared to the 24,700 units shipped in September 2023. “Overall RV shipments are steady for the month of September, but remain on track for...
