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.-
March 5, 2025
How Ski Brand Salomon Hit $1B in Sneaker Sales
Salomon footwear hit $1 billion in sales in 2024 for the first time. Long known for its ski and hiking gear, the brand has become a favorite among fashion influencers. FOS
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March 5, 2025
THOR Industries Sees ‘Challenging Market’ in Q2
Our second quarter results were in line with our expectations going into the quarter, and we experienced mild, but encouraging, year-over-year improvement at recent retail shows.." said Bob Martin, President and Chief Executive Officer of THOR Industries. RV PRO
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March 4, 2025
EXEC: Fenix Outdoor Takes Majority Stake in Devold of Norway Wool Brand
Fenix Outdoor International AG, the parent of Fjällräven, Royal Robbins, Hanwag, and Fenix Outdoor brands, has agreed to acquire 65 percent of the shares in Devold of Norway AS, which is described as a “pioneer in wool clothing for outdoor activities and protective workwear.” SGB Media
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March 4, 2025
Copper Mountain to Add 500+ Skiable Acres & Highest Lift in North America
Copper Mountain got the green light from White River National Forest to start pursuing an ambitious expansion and upgrade plan that would vastly increase the resort's skiable terrain and access. Gear Junkie
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February 28, 2025
EXEC: Primaloft Posts Double-Digit Growth as Market Recovers from Inventory Woes
Compass Diversified’s (CODI) Branded Consumer net sales, which includes 5.11 Tactical, Boa, The Honey Pot, Lugano, Primaloft, and Velocity Outdoor, increased 8 percent in the 2024 fourth quarter to $403.0 million year-over-year. Net sales for the year ended December 31, 2024, were $74.2 million, an increase of $7.2 million compared...
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February 28, 2025
Here’s How Many Employees Each National Park Is Losing
A nonprofit is tallying up how many NPS employees have been let go from each park. A key asset has been social media posts from terminated employees. In the days since the massive layoffs, media outlets and the public have sought to understand how these cuts will impact specific National...
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February 28, 2025
EXEC: BOA Posts Strong Double-Digit Increases in Sales and Operating Income for 2024
Compass Diversified’s (CODI) Branded Consumer net sales, which includes 5.11 Tactical, Boa, The Honey Pot, Lugano, Primaloft, and Velocity Outdoor, increased 8 percent in the 2024 fourth quarter to $403.0 million year-over-year. Gross profit was $119.2 million, or 62.5 percent of net sales, for the year ended December 31, 2024,...
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February 27, 2025
Camping World Closes Deals on Two Additional Lazydays Locations
Camping World Holdings, Inc. has closed on the asset and real estate purchase of Lazydays locations in Murfreesboro, TN and Vancouver, WA. The company expects to close on additional locations in the coming weeks. SGB
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February 27, 2025
Solo Brands’ Low Stock Price Prompts Warning from NYSE
Solo Brands has been warned by the New York Stock Exchange (NYSE) that it’s not in compliance with the exchange. The warning came on Feb. 25 after Solo’s Class A common stock closed at an average below $1 over 30 consecutive trading days. SHOPeatSURF
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February 26, 2025
Camping World Reports Increased Q4 Revenue
Camping World Holdings reported results for the fourth quarter and full year ended Dec. 31, 2024. Revenue was $1.2 billion for the fourth quarter, an increase of $95.1 million, or 8.6%. New vehicle revenue was $497.5 million for the fourth quarter, an increase of $48.1 million, or 10.7%, and new vehicle...