October 28, 2021

Emerald Holding Shrinks Q3 Loss

During the third quarter, Emerald traded 32 in-person trade shows, conferences and other events, serving “more than 92,000 attendees and 5,200 exhibiting companies. Net loss of $9.0 million for the third quarter 2021, compared to a net loss of $15.3 million for the third quarter 2020. Adjusted EBITDA, a non-GAAP measure, of...

October 28, 2021

Patagonia CEO Slams Facebook, Calls on Other Businesses to Boycott Advertisements To Stop Misinformation

Patagonia CEO Ryan Gellert took the the company’s Twitter account to encourage businesses to join the outdoor retailer in removing advertisements from Facebook as well as its subsidiary Instagram. The viral thread, which has over 57,000 likes collectively, explains Patagonia’s decision to stop all paid advertising on Facebook platforms in June...

October 28, 2021

Columbia Sportswear Company Reports Third Quarter and First Nine Months 2021 Financial Results; Updates Full Year 2021 Financial Outlook and Provides Preliminary 2022 Commentary

Financial Highlights Third quarter 2021 net sales increased 15 percent to $804.7 million, compared to third quarter 2020. Third quarter 2021 operating income increased 56 percent to $133.5 million, or 16.6 percent of net sales, compared to third quarter 2020 operating income of $85.6 million, or 12.2 percent of net...

October 28, 2021

CERO Bikes Launches Partnership with LODEN to distribute the Award-Winning CERO One Compact Electric Cargo Bike in Europe

LOS ANGELES, CA /OUTDOOR SPORTSWIRE/ - CERO launches a partnership with LODEN to distribute its  EUROBIKE Gold Award winning e-cargo bike throughout Europe and Australia; CERO has re-branded under the LODEN name in both European & Australian markets. CERO went through an extensive modification process to register its e-cargo bike as...

October 28, 2021

Youer Successfully funds ‘Community Supported Apparel’ campaign to bring a first-of-its-kind manufacturing facility in Montana

Missoula, Montana (October 28, 2021) /OUTDOOR SPORTSWIRE/ - Youer has reached its recent crowdfunding campaign goal in order to help fund an apparel manufacturing facility in Missoula, Montana. The Youer CSA — short for “community supported apparel” — will enable the activewear brand to secure a location and begin building a...

October 28, 2021

Investors Double Down on Rad Power Bikes with $154 Million Investment, Making it the Most Funded Electric Bike Company in the World

SEATTLE, Oct. 28, 2021 /OUTDOOR SPORTSWIRE/ -  Rad Power Bikes™, North America’s largest ebike company, today announced $154 million in funding from existing investors to supercharge its global efforts to get more people out of cars and onto electric bikes. This round is led by Fidelity Management & Research Company...

October 28, 2021

Pulse Boot Lab Opens 2nd Location in Fairmont Banff Springs Hotel & Conference Centre

Banff, Alberta (October 28, 2021) /OUTDOOR SPORTSWIRE/ - With ski season just around the corner, skiers in Banff, Lake Louise, Calgary and Edmonton have a new reason to get excited about hitting the slopes. For the first time, skiers get custom-fitted ski boots and accessories as Pulse Boot Lab and...

October 28, 2021

Big Agnes Boosts Sales Team with Key Hires and Promotions

STEAMBOAT SPRINGS, Colo. (Oct. 28, 2021) /OUTDOOR SPORTSWIRE/ - Big Agnes, the Steamboat-Springs-based outdoor equipment brand, today announced a series of new hires and promotions within its sales team, which continues to expand in the brand’s twentieth year of operation. Joining the sales teams are Craig Hatton and Parker Batt,...

October 27, 2021

Why is Patagonia now selling wine?

Patagonia provides much of the apparel and gear needed to explore the backcountry, and now the company is giving adventurers—the adult ones, anyway—another beverage option for their après festivities. The company’s food division, Patagonia Provisions, unveiled a collection of wines, ciders, and sake. The launch comes as the brand works to...

October 27, 2021

Garmin revenue rises 7% in third quarter

Garmin Ltd. revenue increased 7% year-over-year, aided by a slight jump in fitness sales driven by cycling and wearable products. However, it's the first earnings report since Q2 last year in which Garmin didn't record double-digit revenue growth. Total revenue for the quarter ending Sept. 25 was $1.19 billion, rising from...