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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July 12, 2023
KOA Reports Double Digit Growth Over July Holiday Weekend
Double digit growth in 2021 Fourth of July holiday results at Kampgrounds of America, Inc. (KOA) included an increase in occupancy of over 17% from 2020. Even more impressive, when compared to KOA’s record 2019, check-ins for KOA system were up more than 36%. OWNAKOA
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July 10, 2023
How Outdoor Brands and Retailers Can Attract Younger Consumers
To find out how to appeal to the next generation of outdoor enthusiasts – and future customers – The Daily talked to brands, retailers, and marketing firms that are having success reaching and understanding younger consumers. Their suggestions ranged from the need for brands to emphasize authenticity, embrace true diversity,...
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July 10, 2023
Hydro Flask Segment Sales Down in Q1 at Parent Company on Lower Club Sales
Sales at its Home & Outdoor segment, including OXO, Hydro Flask and Osprey, were down 7.3 percent in the period. Adjusted EPS of $1.94 was down from $2.41 a year ago but ahead of Wall Street’s consensus of $1.68. Sales fell 6.6 percent to $474.7 million but was above Wall...
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June 29, 2023
National Geographic reportedly lays off its last staff writers
National Geographic has reportedly laid off its last staff writers and will no longer be sold on US newsstands. Nineteen editorial staffers were affected by the layoffs, the Washington Post reported, and several staffers confirmed the news on Twitter. The Guardian
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June 27, 2023
Columbia Sportswear Sues Softstar Shoes Over Use Of Omniflex Name
Columbia Sportswear filed a federal lawsuit alleging trademark infringement against Softstar Shoes, the minimalist footwear brand based in Philomath, OR, over its use of the Omniflex name. The Omniflex sole, introduced in 2020, is used in the RunAmoc line, Softstar’s primary revenue driver. SGB Media
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June 20, 2023
What Do Professional Trail And Ultrarunners Earn?
We recently conducted a survey aimed to collect data from numerous professional runners from around the globe. This anonymous survey was filled out by nearly 200 athletes and was designed to gain insight into some key issues regarding professional athletic careers and elite competition as the sport of trail and...
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June 16, 2023
Kelly Slater Wave Company Licenses Technology to Surf Abu Dhabi
Kelly Slater Wave Company (KSWC), an innovative wave technology and surf experience company, is licensing its world-class technology to Surf Abu Dhabi, a one-of-a-kind wave facility in Abu Dhabi owned and operated by Modon Properties, Abu Dhabi. In the midst of a rising passion for water sports around the world,...
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June 15, 2023
Investment company formed to buy RV parks, marinas
Monarch Alternative Capital LP, an investment firm with approximately $11 billion of assets under management, has formed Go Outdoors, a platform to acquire, develop, and operate marinas and RV resorts across the United States. Monarch launched the platform with the recapitalization of two large-scale portfolios and partnered with Safe Harbor...
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June 14, 2023
Outdoor Bright Spots Exist Even in a Challenging Hardgoods Market
The current performance of the outdoor retail market can be broken down into two simple facts: Outdoor apparel is selling well, and outdoor equipment sales are down. That’s according to industry analysts The Daily spoke with to get a sense of the overall outdoor industry heading into next week’s Outdoor...
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June 13, 2023
Camping World launches brand-specific dealership format
Camping World Holdings Inc., America’s largest retailer of recreational vehicles (RVs) and related products and service,s is introducing a new dealership format that dedicates select individual dealerships exclusively to selling, servicing, and showcasing a specific RV brand’s products. Each store will feature a tailored, brand-specific customer experience and specialized staff training....