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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October 13, 2023
REI cuts 275 retail jobs in bid to restructure brick-and-mortar stores
Seattle-founded REI cut 275 retail jobs, including 19 in Washington, as part of a broader plan to restructure stores. The layoffs affect 2% of the outdoor retailer’s workforce nationally. The decision comes as the company is trying to change its brick-and-mortar business model. Seattle Times
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October 11, 2023
Alterra Mountain Company to acquire Mike Wiegele Heli Skiing in Canada
Alterra Mountain Company (owners of Ikon Pass) have announced an intention to acquire Mike Wiegele Helicopter Skiing in Blue River, British Columbia. Established in 1970, Mike Wiegele Heli Skiing is located in the heart of the magnificent Cariboo, Monashee, and Rocky Mountains ranges. This unique area of British Columbia is...
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October 10, 2023
REI Co-op opens state-of-the-art distribution center in Lebanon, Tennessee that prioritizes the employee experience while setting a new standard in fighting the climate crisis
National specialty outdoor retailer REI Co-op started fulfillment from its new state-of-the-art distribution center in Lebanon, Tennessee supporting its steady growth in the Midwest and Southeast. The new distribution center will serve more than 60 stores and 5.6 million REI members in the area. The facility's design and operations prioritize the employee experience...
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October 5, 2023
Vista Outdoor Announces Name for Outdoor Products Segment
Vista Outdoor Inc., the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, announced the name and identity of its Outdoor Products segment following a planned separation. Outdoor Products will be named Revelyst, Inc., and the company will trade...
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October 5, 2023
Vista Outdoor Announces Name for Outdoor Products Segment
Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, today announced the name and identity of its Outdoor Products segment following a planned separation. Outdoor Products will be named Revelyst, Inc., and...
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October 4, 2023
Hydro Flask, Osprey Parent Sees Flattish Outdoor Segment Sales In Fiscal Q2
Helen of Troy reported sales in its Home & Outdoor segment, including OXO, Hydro Flask and Osprey eased 0.2 percent in the fiscal second quarter ending August 31, to $240.0 million. Organic sales were off 0.5 percent primarily due to a brick-and-mortar sales decline in the insulated beverage category, lower...
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October 2, 2023
SEC Charges Newell Brands, Former CEO with Misleading Investors
Newell Brands has agreed to pay a civil penalty of $12.5 million to the U.S. Securities and Exchange Commission after the SEC charged the company and former CEO Michael Polk with misleading investors about sales performance. The Daily Outdoor Retail
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October 2, 2023
Buyer For Salt Life Approaches Delta Apparel
The parent of Salt Life, Delta Apparel Inc., said Monday it received an offer to buy its ocean-inspired brand. The company said details on the unsolicited offer will not be disclosed unless its board accepts a deal or has completed a full review of its options. Baird is serving as...
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September 28, 2023
Vail Resorts Posts Strong FY Mountain Revenue Growth as Skier Visits Grow 12 Percent
Vail Resorts, Inc. reported total fiscal 2023 net revenue increased 14.4 percent to $2.89 billion for the period ended July 31. SGB
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September 26, 2023
DICK’S to Hire 8,600 Seasonal Teammates for Holiday Shopping Season
DICK’S Sporting Goods announced that it plans to hire 8,600 seasonal teammates for the 2023 holiday season. The sixth-annual “National Signing Day” on October 3 will kick off holiday recruiting efforts for positions at DICK’S Sporting Goods, Public Lands, DICK’S House of Sport, and Going, Going, Gone! stores across the...
