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 29, 2024
Idaho Ski Resort Doubles Its Real Estate With 500 Acre Acquisition
Earlier this month, Tamarack Resort, Idaho, announced that it had doubled its developable acreage by acquiring 500 acres of land contiguous to the resort. The land connects to 300 acres Tamarack acquired in 2019, meaning that, in total, the resort’s land real estate development holdings have expanded by 800 acres....
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October 29, 2024
VF Stock Surges After Q2 Sales Beat, Profit Swing
The parent company to Vans, The North Face and more brands reported that revenues for the quarter were down 6 percent to $2.8 billion, which surpassed the expectations of analysts surveyed by Yahoo Finance and represented improvement from Q1. Adjusted EPS was 60 cents compared to 63 cents in the...
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October 28, 2024
Camping World Profits Plummet in Third Quarter on Lower ASPs
Camping World Holdings Inc. profits fell 73.9 percent in the third quarter ended September 30 due in part to lower average selling prices on new and used RVs. On a positive note, combined new and used same-store unit sales returned to positive growth. SGB
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October 25, 2024
Hoka Sends Sales Surging at Deckers Brands in Second Quarter
Deckers Brands raised its 2025 guidance after net sales skyrocketed in the second quarter ending Sept. 30, helped by impressive results from Hoka and growth in both wholesale and direct-to-consumer sales. Net sales at the parent company of Hoka, Ugg and Teva grew by 20% to $1.311 billion compared to...
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October 23, 2024
Winnebago Reports Decreased Q4 & FY2024 Revenues
Revenues were $720.9 million, a decrease of 6.5% compared to $771.0 million in the fourth quarter of last year, driven primarily by product mix, partially offset by higher unit volume. Gross profit was $94.2 million, a decrease of 26.1% compared to $127.5 million in the fourth quarter of last year....
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October 18, 2024
REI Co-op Plans Lower Volume of Store Openings for 2025
REI Co-op plans to open six stores in Spring 2025 in Carlsbad, Chico and Elk Grove, CA; Amherst, NY; Durango, CO; and Lynnwood, WA. Summer 2025 store openings include new construction in Durango, CO. SGB Media
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October 11, 2024
Vasque Going Out of Business: Iconic Footwear Brand to Cease Operations
Minnesota-based footwear maker Vasque will cease all operations. A subsidiary of Red Wing Shoe Company, Vasque began making hiking-focused shoes and boots 60 years ago — a market that, at the time, was just emerging among American consumers. It’s unclear when the brand will officially close its doors, though Red Wing...
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October 11, 2024
Vasque Going Out of Business: Iconic Footwear Brand to Cease Operations
Minnesota-based footwear maker Vasque will cease all operations, the brand confirmed to GearJunkie today. It’s unclear when the brand will officially close its doors. GearJunkie
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October 9, 2024
Salomon, Arc’teryx Parent Amer Sports Reports 60% Revenue Growth in China’s Golden Week
Amer Sports, the parent company of Arc’teryx, Salomon, and Wilson, grew its Golden Week revenue in China by 60% year-over-year, according to a news release shared by the company. The Daily
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October 9, 2024
Zion Outfitter Owner Charged with Tax Evasion
The owner of Zion Outfitter, a tour guide operator and rental shop near Zion National Park’s entrance, is accused of evading over $1.8 million in taxes. Court documents allege 42-year-old Phyllip Hallman Heaton, of Washington, failed to report over $5.4 million in sales between 2018 and 2022. SGB Media
