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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April 18, 2023
REI Is the Latest Retailer to Close Its Portland Store Amid Rising Crime
After 20 years of business, REI confirmed it will close its downtown Portland, Ore., location in early 2024 amid increased crime in the store’s Pearl District neighborhood. In a statement emailed to FN on Tuesday, an REI Co-op representative confirmed the closure and stated that the decision “does not reflect the hard...
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April 14, 2023
Four More REI Stores File for Union Election
Since March 31, four more REI stores have filed petitions for a union election with the National Labor Relations Board (NLRB) to be represented by the The United Food and Commercial Workers International Union (UFCW). The surge in union interest comes shortly after employees at an REI store in Cleveland last month voted...
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April 14, 2023
RV dealer closes, leaving customers in debt
Several people across the Grand Valley claim they’re still in debt over a trailer or RV that they no longer own, after a local dealer sold theirs on consignment. The dealer in question, Bob Scott RV, promised to sell their RV on consignment. Meaning, they would sell it on the...
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April 10, 2023
Lululemon, Patagonia Lead Activewear Brands In Resale Popularity
Lululemon is the second most popular brand in resale, according to ThredUp’s 11th Annual Resale Report. Other activewear brands that made its Top 20 Most Popular Brands In Resale include Patagonia, at No. 6; Vuori, in 10th place; and The North Face, at 18. ThredUp’s study, based on research conducted...
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April 5, 2023
Could opposition to camping derail the $40-million Bowen Island park and campground?
Eight months ago, Metro Vancouver announced they planned to buy the land at Cape Roger Curtis from a developer for $40 million, with the intention of turning it into a regional park and campground. Today, the project is in serious jeopardy, with a series of local and regional meetings happening...
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March 31, 2023
Authentic Brands Group Makes Binding Offer To Acquire Boardriders
Boardriders has long been rumored to be on the selling block. In early March, Bloomberg reported that Authentic Brands was nearing a deal to acquire the company for $1.3 billion. A Moody’s report published in late February indicated that Authentic had arranged financing to support an acquisition. Authentic said the acquisition...
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March 30, 2023
We Could See Another Resort Ban Snowboarding
The upcoming resort may enter a partnership that taps Deer Valley Resort to manage the slopes, local publication Park Record reported. That would result in Deer Valley’s “no-snowboard” policy carrying over to the new area. The Inertia
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March 30, 2023
Report on Outdoor Industry Sales Trends
Julia Day of Circana (formerly NPD Group) discusses outdoor sales trends, why now is the time for innovation, and top-selling brands and items in the outdoor market. The time is ripe for brands to release innovative products, and activewear brands are rising to the top of key categories over traditional...
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March 23, 2023
How Brands Can Activate at Outdoor Consumer Festival OAX
Anyone can set up a booth and hand out swag. Capturing an attendee’s attention and getting them to engage with, and even purchase a product is another matter altogether. Ahead of the Outdoor Adventure X event June 17-18 in Huntsville, Utah, The Daily spoke with three companies with experience activating...
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March 21, 2023
New OIA President Wants Industry to Stop Playing Defense
The Outdoor Industry Association announced today Kent Ebersole is the organization's new president. In an interview with The Daily, Ebersole discussed his vision for the future, which includes taking a proactive stance on environmental challenges. When Kent Ebersole points out the Outdoor Industry Association’s efforts to improve sustainability and lessen...
