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 28, 2022
Crown Capital buys portable tent maker Pacific Yurts
Crown Capital has acquired Oregon based Pacific Yurts Inc, a maker of portable tents or yurts. No financial terms were disclosed. Pacific Yurts launched in 1978. PE Hub
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November 25, 2022
Patagonia Sues Gap for Copying Its Signature Snap-T Pullover
Following its fallout with Ye, GAP (NYSE:GPS -2.19%) now lands itself in legal trouble with outdoor clothing retailer Patagonia which recently filed a lawsuit accusing the American clothing brand of copying its signature Snap-T pocket design found on its fleece sweaters for over three decades. Hype Beast
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November 17, 2022
Outside Inc makes 12% workforce cut on advertising slowdown
Outside Inc – the parent publisher to VeloNews, CyclingTips, PinkBike, B2B Bicycle Retailer and Industry News, plus the Trailforks platform – has announced a number of staff layoffs this week. Among those laid off are senior journalists across the portfolio Caley Fretz, Dave Rome, Matt de Neef and Daniel Benson,...
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November 17, 2022
Biofuel on Bachelor: Oregon Resort Announces New Wood-Fired Heating System
With wood-based heating solutions for several of its buildings, Bend, Oregon’s Mt. Bachelor Ski Resort will soon go back to the future. In it, parent company POWDR said the resort’s new 3,412 MBH (1000 kW) boiler will heat four of its base area facilities with an estimated 1,000 tons of...
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November 16, 2022
Boardriders Cuts More than 150 Jobs
Boardriders, which is in the midst of a sale process, cut 170 jobs today in a move to reduce costs and become more nimble. Boardriders is home to the Billabong, Quiksilver, RVCA, Roxy, DC Shoes, Element and VonZipper brands and is one of the largest and most important companies in...
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November 11, 2022
Cotopaxi Hires Private Security to Reopen San Francisco Store
The Bay Area location closed on Oct. 18 due to ‘rampant organized theft’ and safety concerns. Now, it reopens under tighter surveillance. A shuttered Cotopaxi retail location in San Francisco reopened today after hiring private security, Cotopaxi founder and CEO Davis Smith announced. Gear Junkie
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November 10, 2022
Outdoor recreation is a 862 billion dollar industry
The US Department of Commerce’s Bureau of Economic Analysis (BEA) has released new data that shows that the outdoor recreation industry is worth a record-breaking $862 billion to the US economy. This huge revenue generation means that the outdoor recreation industry contributes more to the US economy than oil and...
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November 8, 2022
Nation’s Largest RV Maker “Focused” On Going Electric
RV market leader Thor Industries is looking for a way to reduce its environmental impact. After rolling out an electrified prototype for its Airstream brand earlier this year, Thor Industries has formed a strategic alliance with EV startup Harbinger Motors. That could lead to all-electric versions of Thor’s various RV...
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November 7, 2022
Compass Diversified sales up 22% in third quarter; raises outlook
Compass Diversified, which owns BOA, Lizard Skins and PrimaLoft among other brands, recorded sales of $598 million in its most recent quarter, up 22% from the same period last year. BRAIN
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November 4, 2022
REI to Offer Healthcare to All Employees Next Year
Starting in 2023, REI is set to sharply expand its employee medical coverage. The co-op announced that beginning January 1 every REI employee—barring those who have existing coverage through other employers—will be eligible for healthcare under the new REI Access Plan, which provides comprehensive insurance through Aetna. Outside
