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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November 2, 2020
Colombia delivers disappointing earnings; store closures likely
For the period ended Sept. 30, the athletic and outdoor retail group reported earnings of 94 cents per share, significantly below the prior year’s earnings of $1.75 per share. Revenues also decreased 23% to $701.1 million, compared with market watchers’ forecasts of $767.13 million. While most of their stores remained...
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October 30, 2020
WizWheelz boosts marketing and operations with key hires to match recumbent trike market growth
GRAND RAPIDS, Mich. — In a year of record-setting sales for recumbent trike brands TerraTrike, GreenSpeed and KMX, parent company WizWheelz, Inc., has bolstered its team, bringing on additional talent in operations and marketing. Chad Mahakian – a stand-up comedian in his free time – joins WizWheelz with a strong...
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October 30, 2020
Meeting Their Match: BRANWYN Performance Innerwear Partners with Darby Communications
Portland, OR – Oct. 30, 2020 – BRANWYN, the groundbreaking sustainable performance inner wear brand made by women for women, is thrilled to announce its partnership with Darby Communications, a boutique PR & digital marketing agency out of Asheville, NC. As BRANWYN’s PR agency of record, Darby Communications will elevate...
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October 28, 2020
REI Reports Increased Demand for Winter Gear
The pandemic has driven robust sales in outdoor equipment categories, and snow companies are hoping the trends continue for the winter. Sales of cross country skis and snowshoes are running three to four times above last year’s numbers. REI is also seeing increases in entry level winter gear. Read more...
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October 28, 2020
Garmin (GRMN) Q3 Earnings and Sales Beat Estimates, Up Y/Y
GRMN has reported third-quarter 2020 pro-forma earnings of $1.58 per share, beating the Zacks Consensus Estimate by 56.4%. Moreover, the bottom line improved 24.4% on a year-over-year basis and 73.6% sequentially. Net sales were $1.11 billion, which surpassed the Zacks Consensus Estimate of $907.4 million. The figure increased 19% from...
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October 27, 2020
Thermacell Growing Team Following Strong Sales Season
Bedford, Mass., (October 27 2020) - Thermacell Repellents, Inc, a leading manufacturer of area mosquito repellent products, is expanding its team on the heels of a momentous season. In addition to bringing aboard a new Vice President of Science & Research, the company has announced hiring for dozens of open...
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October 27, 2020
Sea to Summit Announces New Highly-Anticipated Tent Lineup for Spring 2021
Boulder, CO (October 27, 2020) — Sea to Summit, the globally recognized adventure equipment brand headquartered in Perth, Western Australia, is pleased to announce the company’s entry into technical backcountry tents. Following more than three years of rigorous research and design, Sea to Summit will be releasing two lightweight tent...
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October 26, 2020
TRUE Communications Builds Leadership Team
(Sausalito, CA — 26 October 2020) Integrated communications agency TRUE Communications recently announced a series of promotions to better service their rapidly expanding roster of clients and suite of services. TRUE has promoted Peter Nicholson to Partner, Greg Fisher to Partner, Garin Fons to Vice President, Marketing & Strategy, and...
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October 26, 2020
Nepal suspends access to Mount Everest after a local virus case is detected.
The Nepali government has temporarily suspended trekking and access to Mount Everest, the world’s highest mountain, and other mountains in Solukhumbu District after an 80-year-old local man tested positive for the coronavirus. Read more in the NYT.
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October 26, 2020
Pocket Outdoor Media Joins Time to Vote Movement
Boulder, Colorado, USA — October 26, 2020 —Pocket Outdoor Media (POM), the world's leading creator of active lifestyle content, is the latest company to join the business-led, nonpartisan coalition, Time To Vote, which aims to increase voter participation in the U.S. elections. Voter turnout in the U.S. is one of the...