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.-
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. RV Industry Association
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September 27, 2024
Outdoorsy Group Exceeds $3B in Sales, Plans European Expansion
The Outdoorsy Group, a travel and hospitality company that operates a consumer marketplace for recreational vehicles, insurance and real estate, announced it has reached a major milestone surpassing $3 billion in all-time transactions. “The Outdoorsy Group has leveraged its strategic advantages to thrive even amidst the economic challenges that have impacted...
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September 26, 2024
Job Cuts Coming to Vail Resorts as Part of Transformation Plan
Vail Resorts announced a two-year company transformation plan Thursday afternoon that includes job cuts to corporate and operational staff. The company is targeting $100 million in annualized cost savings by the end of its 2026 fiscal year through scaled operations, global shared services, and expanded workforce management. Job cuts will impact...
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September 26, 2024
Maintain Solid RV Sales Amid a Slower Economy
The RV industry, after peaking in 2020 and 2021, is returning to pre-pandemic sales levels. With record-high credit debt and inflation-driven interest rates, lenders may be more cautious about offering RV loans. To succeed in spite of economic pressures, RV dealers should solidify lender relationships and promote suitable loan options...
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September 25, 2024
Why Are So Many Surf Stars Becoming Corporate Speakers?
“Everyone wants to be able to navigate the waves like the world’s top surfers,” says the Athlete Speakers website, one of America’s largest sports marketing and athlete booking agencies. “Surfing speakers are the epitome of cool and share their stories with corporate groups, charities, universities, faith-based groups and other organizations looking to...
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September 24, 2024
THOR Reports $2.53B in Q4 Net Sales
THOR Industries announced financial results for its fourth fiscal quarter ended July 31, 2024. Consolidated net sales were $2.53 billion in the fourth quarter of fiscal 2024, compared to $2.74 billion for the fourth quarter of fiscal 2023. Consolidated gross profit margin for the fourth quarter of fiscal 2024 was 15.8%,...
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September 12, 2024
Vista Outdoor Execs to Receive $1.2 Million Bonuses to Complete Strategic Review
Two more executives leading the strategic review at Vista Outdoor will receive bonuses upon the completion of the review, this time in the amount of $1.2 million, according to documents filed with the SEC. Eric Nyman, the CEO of Revelyst, and Jason Vanderbrink, the CEO of Vista Outdoor, were granted the awards...
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September 12, 2024
Snow Peak Acquires Majority Stake in Swift Fly Fishing Co.
Snow Peak recently acquired a majority share in Swift Fly Fishing and announced that the business is now a subsidiary. Founded in 1958, Snow Peak is a Japanese camping and hiking equipment manufacturer offering experiences that bring the “outdoors into everyday life.” Founded by Carl McNeil and Jeanie Ackley, Swift...
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September 10, 2024
Backcountry Acquired by Tech Platform CSC Generation Enterprise
Technology platform CSC Generation Enterprise has acquired outdoor retailer Backcountry, a large account for the outdoor industry, including its portfolio of brands MotoSport, Competitive Cyclist, and Steep and Cheap. Former owner TSG Consumer Partners, a private equity firm, acquired Backcountry in 2015 from Liberty Interactive Corporation. Under TSG, Backcountry experienced different leadership teams...
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September 9, 2024
Momentous ‘DC Fly-In’ Brings Outdoor Priorities to Legislators’ Doorstep
More than 75 leaders in outdoor recreation will descend on Capitol Hill this week to convince U.S. lawmakers that the industry deserves more money and protection. Foremost among the group’s objectives will be shoring up support for the EXPLORE Act, which advocates call the “first big package to deal with outdoor...
