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.-
February 25, 2025
EXEC: Salomon Sneaker Sales Exceed $1B in 2024; Winter Sports Equipment Falters
Wrapping up a strong year across its brand portfolio in 2024, Amer Sports reported that its Outdoor Performance segment delivered a great quarter led by Salomon footwear and apparel, partially offset by softer trends in Winter Sports Equipment. Salomon footwear and apparel now represent approximately two-thirds of the Outdoor Performance...
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February 25, 2025
EXEC: Arc’teryx Brand Surpasses $2 Billion Mark in 2024 as Sales Grow 36 Percent
Amer Sports is reporting that its Arc’teryx technical outdoor brand achieved over $2 billion of sales in 2024, and delivered another great result in the fourth quarter of the year, again leading growth for the parent of Arc’teryx, Salomon and Wilson Sports. Company CEO James Zheng told analysts and investors...
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February 24, 2025
Climbers Secure Largest Land Acquisition in History at Red River Gorge
The Red River Gorge Climber’s Coalition (RRGCC) secured 718 acres and 14 miles of cliffline at the Red River Gorge (commonly called “The Red”). The RRGCC first began to pursue access to this additional area over 10 years ago. In 2015, the coalition, in partnership with Access Fund, submitted a proposal to allow climbing on...
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February 24, 2025
EXEC: REI Co-op Raises $230 Million Through Sale-Leaseback Deals for Four DCs
REI Co-op has entered into a long-term sale-leaseback agreement with Madison Capital, a New York-based real estate investment firm, for its four, Class A distribution center properties. REI said it will continue to maintain and operate all buildings with no impact to employees. SGB
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February 20, 2025
Camping World Closes on the Purchase of Lazydays in Surprise, Arizona
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or “Company”), the World’s Largest Recreational Vehicle Dealer, today announced that it has closed on the asset and real estate purchase of Lazydays in Surprise, Arizona.
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February 20, 2025
EXEC: Garmin Ltd. Shares Jump on Strong Q4 and Full-Year Report
Garmin's consolidated revenue for the fourth quarter increased 23 percent to $1.82 billion, a new Q4 record, as the company said it achieved growth and record revenue in each of its five business segments. SGB Media
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February 19, 2025
Canadian Tire to sell Helly Hansen business to Kontoor Brands for $901 million
Canadian Tire opens new tab said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands opens new tab for C$1.28 billion ($901.2 million), as part of efforts to focus on its core business. The transaction is expected to close in the second quarter, the company said. Canadian...
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February 19, 2025
Merrell Makes Gains in Q4 But Shares for Wolverine Worldwide Dip After Full-Year Results
By brand, Merrell and the company’s namesake Wolverine label led the way in Q4 in terms of growth. At Merrell, net sales in the period were $163.4 million, a 1.0 percent increase from $161.8 million the prior year. FootwearNews
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February 19, 2025
Solo Brands CEO Chris Metz Steps Down After One Year
Solo Brands CEO Chris Metz is stepping down a year after taking the top leadership role, Solo Brands announced Tuesday afternoon. SHOPeatSURF
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February 14, 2025
US Forest Service fires 3,400 workers, Park Service cuts 1,000
The U.S. Forest Service is firing around 3,400 recent hires while the National Park Service is terminating about 1,000 under President Donald Trump's push to cut federal spending, people familiar with the plans said on Friday. Reuters
