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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May 2, 2023
KOA Releases 2023 Report; 58M Households Camped in ‘22
Kampgrounds of America Inc. has released its 2023 North American Camping & Outdoor Hospitality Report, which continues to demonstrate the key role that camping and glamping play in the outdoor hospitality industry. The report, conducted by Cairn Consulting Group, shows that 92 million U.S. households identify as campers and that 58 million households...
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May 2, 2023
Black Diamond’s Growth Slowed By NA Wholesale Inventory Overhang
Clarus Corp. reported modest growth in its Black Diamond segment as gains in its direct-to-consumer and international channels helped offset fewer shipments to its North American wholesale channel due to elevated inventory levels and reduced open-to-buy dollars. Clarus officials also indicated it BD’s inventories would not be rebalanced until the...
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April 28, 2023
Newell Brands Outdoor & Recreation Core Sales Fall 27 Percent In Q1; Swings To Loss
Newell Brands, the parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, saw overall consolidated net sales decline 24.4 percent to $1.8 billion for the first quarter when compared to the prior-year first quarter. The decline was said to be due to the impact of the...
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April 28, 2023
Declining bike-product demand contributes to Thule’s Q1 net sales decrease
Thule Group's first-quarter net sales were down 26.6% year-over-year, largely due to declining bike-product demand from retailers lowering inventory levels. Net sales for the quarter ending in March were SEK 2,226 million ($215.2 million), compared with SEK 3,034 million at the same time last year. Thule's inventory decreased in the...
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April 27, 2023
Lazydays Reports Q1 Revenue Drop
Lazydays said its Q1 revenue decreased to $295.7 million from $376.2 million in Q1 last year. The company’s net loss in the first quarter was $1.5 million, compared to net income of $27.1 million in the first quarter of 2022. RV-Pro
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April 27, 2023
The Rossignol Group Posts 28 Percent Growth For 2022/23 Financial Year
The Rossignol Group, parent of the Rossignol, Dynastar, Lange, Look, and Kerma brands, reported that revenue increased 28 percent to €401 million for the 12-month financial year period ended March 31, 2023, compared to €313 million in revenue for the prior year. SGB Media
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April 27, 2023
REI Grapples With Aging Membership Base
As of 2022, REI had 23 million members, up 1.3 million members from the previous year, and more than 180 retail locations. Speyer is responsible for the retailer’s gear and apparel assortment as well as its in-house Co-op brand label. He leads a team of strategists, designers, and developers...
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April 21, 2023
Vail Resorts Sees Skier Visits Climb Six Percent Over Ski Season
Vail Resorts, Inc. reported season-to-date total skier visits were up 6.1 percent from the beginning of the ski season through April 16 year-over-year, helped by favorable weather conditions that enabled the ski resort operator to extend the season at resorts across Utah, Tahoe and the Northeast. SGB Media
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April 19, 2023
Movement Announces Purchase of Four Summit Gyms in the Dallas/Fort Worth Area
Movement Climbing, Yoga and Fitness, the largest nationwide community of indoor climbing gyms, today announced they have acquired four of Summit Climbing, Yoga and Fitness Gyms’ locations in the Dallas-Fort Worth metro area. The newly acquired facilities will build on Movement’s existing presence in Dallasand bring world-class rock climbing, bouldering,...
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April 19, 2023
REI Reports Record Sales for 2022, Outlines $323 Million of Community Investments
REI has released its latest Impact Report and financials results for 2022, closing the year with a record $3.85 billion in sales and distributing $323 million back to the co-op community. According to a statement released on Wednesday by the Seattle-based retailer, the co-op ended the year with a strong...
