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 4, 2022
Dick’s Sporting Goods Launches $50M Investment for Next Generation of Sports Companies
Dick’s Sporting Goods announced the launch of DSG Ventures, a $50 million in-house fund that will invest in innovative companies that will help shape the future of sport. To start, the initiative will focus its efforts on companies and rising entrepreneurs that directly serve athletes and their communities, or that...
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November 3, 2022
New partnership to accelerate electrification of RVs
Global RV industry leader Thor Industries has entered into a strategic partnership with commercial electric vehicle expert Harbinger Motors in a bit to accelerate the electrification of the RV consumer experience. Thor believes that powered by Harbinger Motors’ proprietary technology it can bring superior electrified experience to its electrified RVs...
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November 3, 2022
OR Show, Surf Expo Parent Sees Q3 Revenues Decline 18 Percent
Emerald Holding, Inc. reported a sales decline of 18.4 percent due to the shift in the timing of events in the current year versus the year-ago period. Emerald hosts over 140 yearly venues across multiple industries. The active outdoor events include Outdoor Retailer, Surf Expo, The Sports Licensing & Tailgate...
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November 2, 2022
Sender One on Track to Nearly Double Its Gym Count by 2024
After opening four climbing facilities in ten years, Sender One is poised to add three more gyms in Southern California by 2024, this time in Westwood Village, Lakewood and Huntington Beach. The first Sender One facility (SNA) opened in Santa Ana in 2013, a full-service gym which caters to a...
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November 2, 2022
Canada Goose Lowers Outlook Despite Q2 Exceeding Expectations
Canada Goose Holdings, Inc. reported results for the second quarter ended October 2 that easily topped analyst estimates, but the company reduced its outlook for the year due to weakness in China and the uncertain global macroeconomic climate. Earnings in the second quarter were 22 cents a share, topping the...
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October 30, 2022
Columbia Sportswear’s Record $955M Quarter
The sportswear and outdoor apparel retailer posted $955 million in net sales in Q3 2022, a 19% increase year-over-year. It attributed the record-breaking results to growth led by its SOREL footwear and Columbia brands, which saw net sales increase by 28% and 19%, respectively. FOS
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October 26, 2022
Garmin Raises 2022 EPS Guidance On Improved Margin Outlook
Garmin, Ltd. reported sales declined 4 percent in the third quarter ending September 24, dragged down by an 18 percent slide in the fitness segment. Second-quarter earnings topped Wall Street estimates and Garmin lifted its full-year EPS outlook on an improving margin outlook. SGB Media
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October 24, 2022
The North Face To Open 70-Plus Stores In North America
The North Face plans to open more than 70 stores in North America and up to 300 additional retail and partner locations globally over the next five years. The North Face also said it plans to continue transforming existing sites to ensure consistent store formats for consumers who shop brick-and-mortar....
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October 20, 2022
Al’s Sporting Goods aquires all Bob Ward & Sons locations
Al’s Sporting Goods announced the acquisition of Bob Ward & Sons and will take over operations of all five of its locations in Missoula, Bozeman, Butte, Helena, and Hamilton. There are currently no plans to change the company name of Bob Ward & Sons, but they will integrate successful operations and...
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October 19, 2022
Aspen Snowmass Has Cool Idea to Help Housing Crunch for Workers
It’s called Tenants for Turns and it’s a simple idea. If homeowners or landlords in the Roaring Fork Valley area of western Colorado, which encompasses Aspen and Carbondale, two areas in which affordable housing is incredibly difficult to come by, rent their housing to employees of the company that owns...
