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.-
April 25, 2024
Columbia Sportswear Ups 2024 Profit Guide, Maintains Sales Decline
Columbia Sportswear Company reported that 2024 first-quarter net sales decreased 6 percent, or 6 percent constant-currency (CC), to $770.0 million, compared to $820.6 million in the comparative period in 2023. The decline in net sales primarily reflects lower wholesale net sales in the U.S. and Canada, driven by retailer cautiousness,...
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April 25, 2024
Why REI Co-op Is Doubling Down on Running Shoes and Exiting Its Branded Footwear Business
REI Co-op confirmed that it is exiting its REI-branded footwear business after 2024, four years after the company said that it would begin producing its own shoes. In the time since its initial launch, REI has delivered eco-friendly hiking boots, trail runners and more. As the retailer exits one business,...
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April 24, 2024
Helen of Troy Home & Outdoor Segment Keeps Company Positive in Q4
Helen of Troy reported fiscal fourth-quarter net sales for its Home & Outdoor segment, which includes the OXO, Osprey and Hydroflask businesses, increased 5.4 percent to $223.3 million for the three-month period ended February 29, 2024, compared to $211.9 million in the prior-year comparative period. The increase for the quarter was driven...
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April 6, 2024
Christy Sports Exiting New Mexico
Christy Sports—that well-known purveyor of ski gear and togs visible at practically every resort in Colorado—is pulling its operations in New Mexico. The Colorado-based chain announced the move—which will take effect at the end of this season—Thursday. According to GlobeNewswire, "The Company made the decision to exit New Mexico to...
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April 4, 2024
The Top 10 Fastest Growing Brands in Outdoor Specialty Channel
Everybody involved in the outdoor industry knows Hoka, On, and Vuori are selling well. But there are several other brands that are also managing to grow in outdoor specialty and sport specialty e-commerce channels in a challenging market, including Cotopaxi, Helly Hansen, 686, and Kuhl. These are the findings of...
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March 29, 2024
Powder Mountain announces major expansion of public and private terrain
Powder Mountain is expanding both its public and private offering with two separate additions of terrain. This expansion will introduce the public to two new areas with expert and advanced terrain on the west side of the mountain and provide access to vast expert and advanced terrain for homeowners on...
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March 29, 2024
A wildly popular RV-rental company is pivoting to luxury ‘glamping’ — see inside its new $350-a-night tents in the Texas Hill Country
Outdoorsy is one of the US' most popular RV-rental platforms. But nine years in and almost $3 billion in sales later, it's ready to expand. The company now wants to become the go-to destination for $350-a-night luxury-tent camping or something close to it. Outdoorsy is going all-in on "glamping" — a portmanteau of "glamour"...
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March 26, 2024
Millennial activewear brand Outdoor Voices is on the verge of bankruptcy after abruptly closing all its stores: ‘Our chairwoman was posting cat memes the day we were told’
Years of executive reshuffles and acquisition rumors culminated in a very public meltdown earlier this month, when the company closed all its retail locations and abruptly laid off most of its workforce. Outdoor Voices is now reportedly on the verge of bankruptcy. Former employees told Fortune they are furious over the company’s lack of communication about...
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March 26, 2024
Canada Goose Cutting 17 Percent of Corporate Jobs, Shifting Leadership Roles
Canada Goose is redesigning its global corporate workforce, as part of its ongoing Transformation Program, representing a reduction of approximately 17 percent of corporate roles. The company said in a release that the changes followed a comprehensive review of its organizational structure and roles needed to achieve its strategic objectives....
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March 25, 2024
February RV Shipments Increase by 17.8% YOY
Results for the RV Industry Association (RVIA)’s February 2024 survey of manufacturers found that total RV shipments ended the month with 31,024 units, an increase of 17.8% compared to the 26,326 units shipped in February 2023. Towable RVs, led by conventional travel trailers, ended the month up 24.4% from last February with...
