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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September 25, 2023
Dick’s to Shutter Most Moosejaw Retail Stores
Dick’s Sporting Goods is closing 11 of 14 of its Moosejaw stores just six months after acquiring the outdoor retailer from Walmart. The stores are scheduled to close in February 2024, including Moosejaw’s headquarters in Madison Heights, Michigan, the Detroit Free Press reported. The move is part of Dick’s strategy...
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September 22, 2023
Denver’s closest ski area sold to new owners for ‘undisclosed’ price
Ski industry media reports that Clear Creek County's Echo Mountain has been sold for an undisclosed amount to Jogan Inc., LLC. This follows an acquisition of the spot by Minnesota-based Burwell Enterprises in 2016 for $3.78 million. Denver Gazette
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September 20, 2023
KMD Sees Rip Curl Post Solid FY Growth while Oboz Sales Jump 62 Percent
KMD Brands Limited, the parent company to the Rip Curl, Oboz and Kathmandu brands, reported it had achieved record sales of over NZ$1.1 billion dollars in the fiscal year ended July 31, its first year of uninterrupted trade post-pandemic. Group wholesale sales growth was up 11 percent for the year...
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September 18, 2023
Here’s How Surfers Can Showcase Their Sponsors at the Paris Olympics
The International Olympic Committee goes through great lengths to ensure the maximum visibility for their sponsors - and that said visibility is not blurred by competing athlete sponsors. In order to guarantee their partners that competing brands will not steal the limelight, they come up with a comprehensive set of...
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September 14, 2023
This Property Executive Looks To Turn Recreational Vehicle Demand Into REIT Storage Powerhouse
Gary Wojtaszek came out of retirement to accomplish something he has done before: Grow a company in an emerging type of real estate into a multibillion-dollar powerhouse. But this time, he wants to do it by tapping a lifestyle trend surging across America. Wojtaszek retired from data center operator CyrusOne...
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September 13, 2023
Big Bear Mountain Resort Receives $12M in Upgrades for Winter ‘23/24
Southern California’s year-round home for outdoor adventure is investing over $12 million across its three mountains – Snow Valley, Snow Summit, and Bear Mountain – to improve existing infrastructure, provide additional amenities, and enhance the guest experience during the '23/24 season. The capital improvements, which include multiple base area renovations,...
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September 12, 2023
Workers Unionizing at Vertical Endeavors
Workers at Vertical Endeavors are forming a union, with workers having signed and submitted cards to the National Labor Relations Board to unionize with the United Food and Commercial Workers. The stated areas of focus in the unionization effort are “livable wages, better working conditions, and…a seat at the table...
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September 7, 2023
Surfline Names Ross Garrett CEO
Surfline\Wavetrak Inc, the leading provider of surf forecasting and video experiences, today announced that Ross Garrett has been appointed as Chief Executive Officer (CEO), succeeding Kyle Laughlin, who stepped down from the position. Ross Garrett previously served the company for nine impactful years from 2011 to 2020, holding various key...
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September 6, 2023
EXEC: Amer Sports Files Confidentially to Go Public
Amer Sports, the parent of Salomon, Wilson, Arc’teryx, and other sports brands, filed confidentially for a U.S. initial public offering (IPO) that could value the group as high as $10 billion. The offering would come as Amer Sports’ business has seen accelerated growth, driven by Arc’teryx and Salomon and in...
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September 6, 2023
Netflix co-founder Reed Hastings is new majority owner of Powder Mountain following $100 million investment
Just months after buying into a minority ownership position of Utah’s Powder Mountain Resort, Netflix co-founder and longtime CEO Reed Hastings has ascended to majority owner of the facility by way of a new $100 million investment announced Wednesday. Back in April, Hastings bought a minority interest in the ski...
