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.
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January 18, 2024
Vail Resorts Adjusts Guidance After Rough Start to Season
Vail Resorts, Inc. has reported that interim season-to-date (STD) total skier visits were down 16.2 percent through January 7, compared to the prior-year STD period through January 8, 2023. Season-to-date total lift ticket revenue, including an allocated portion of season pass revenue for each applicable period, was up 2.6 percent...
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January 17, 2024
Interested In Smart Motorcycle Helmets? GoPro Snaps Up Forcite for Tech-Infused Helmets
GoPro, Inc. revealed its plans to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. The financial terms were not disclosed. The company said it intends to boost Forcite’s vision to provide a safer, more dynamic motorcycling experience through tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories...
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January 16, 2024
Bouldering Project Expands to Dallas, Acquiring Oso Climbing Gyms
Bouldering Project, an innovator in the growing climbing gym industry, is pleased to announce the acquisition of Oso Climbing Gyms in Dallas, Texas. Oso, a 35,000-square-foot facility opened in May of 2020. The gym offers 8,500-square-feet of bouldering terrain, a dedicated yoga and fitness studio with a full schedule of...
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January 16, 2024
Camping World Set to Acquire Three Minnesota Locations
Camping World Holdings, Inc. is set to acquire Roth RV, with locations in Bemidji, Grand Rapids and Deerwood, MN. The transaction is anticipated to close in the second quarter of 2024 and will increase the company’s Minnesota location count to 11. SGB Media
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January 12, 2024
Aspen Skiing Co. on lookout for ‘underground’ ski instructors
Aspen Skiing Co. is trying to enlist its instructors to help ferret out “underground teachers” who are leading their clients across the slopes of the four local ski areas. The rogue instruction violates SkiCo’s agreement with the U.S. Forest Service and breaches company policy. What wasn’t stated is that underground...
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January 11, 2024
Merrell, Saucony Parent Company Sells Shoe Brand Sperry
Wolverine Worldwide, parent company of Merrell, Saucony, Chaco, and other brands, announced it has sold boat-shoe brand Sperry to Authentic Brands Group and the Aldo Group. The deal closed on Jan. 10, and is expected to generate about $130 million in the first quarter to pay down debt. The announcement...
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January 10, 2024
REI Plans to Open 10 New Stores in 2024
REI Co-op laid out its expansion plans to open 10 new stores in 2024. Locations have been finalized for summer 2024 openings in Glendale, AZ and Rancho Mirage, CA. A store in St. George, UT is expected to open in fall 2025. The co-op will open its doors in formerly...
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January 8, 2024
Coleman, Marmot Parent To Cut Staff by 7%, Shrink Real Estate Footprint
Newell Brands, maker of Coleman, Marmot, and many other brands, announced it will cut its office roles by approximately 7% by the end of 2024. The company will also reduce its real estate footprint and pursue other cost reduction initiatives. These actions are expected to happen by the end of...
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January 8, 2024
November Shipment Report Now Available
Results for the RV Industry Association’s November 2023 survey of manufacturers found that total RV shipments ended the month with 25,160 units, an increase of 2.8% compared to the 24,470 units shipped in November 2022. To date, RV shipments are down (-38.4%) with 291,652 units. Towable RVs, led by conventional...
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January 4, 2024
Salomon Owner Amer Sports Files for IPO
The Finnish company, which owns the Salomon, Arc’Teryx, Wilson, Peak Performance and Atomic brands, has applied to list on the New York Stock Exchange with the ticker “AS”. The details of the potential offering, including number of shares and price range per share, have not yet been shared. According to...
