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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July 5, 2022
Jack Wolfskin acquires its distributor in Poland
Leading outdoor camping, clothing and gear brand Jack Wolfskin has announced the acquisition of its long-time distributor in Poland, FAM Sp. K. The newly formed entity will be known as Jack Wolfskin Poland Sp. z.o.o. and is based in Gynia near Gdansk – Jack Wolfskin claims it will serve as a...
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July 1, 2022
Patagonia, REI Co-op and The North Face React to Supreme Court Limiting EPA’s Ability to Regulate Carbon Emissions
Today, in a 6-3 vote — with the conservatives in the majority and liberals dissenting — the U.S. Supreme Court stated Congress, not the Environmental Protection Agency, has the authority to cap carbon dioxide emissions levels, which would result in a transition away from coal-fired plants and toward cleaner energy...
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June 24, 2022
A California REI Store is Looking to Unionize, Amid an Uptick in Retail Unions
Another REI store has started the process of organizing a union. A store in Berkeley, Calif. on Tuesday filed a request with the National Labor Relations Board to hold a union election. The group is looking for the company to voluntarily recognize them through the United Food and Commercial Workers Local...
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June 24, 2022
USWE Sports AB Acquires Giant Loop
USWE Sports AB, a publicly traded backpack company based in Malmö, Sweden, has acquired Bend-based Giant Loop LLC, a powersports brand known for its innovative off-road motorcycle soft luggage designs. The purchase agreement is scheduled to close on July 1. Inside Outdoor
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June 23, 2022
Colorado Gear Startup Matador Expands HQ and Plans to Nearly Triple Staff
Boulder, Colo.-based Matador Travel Equipment has moved into a new facility, the company announced Wednesday—four times the old HQ’s size—citing increased product demand as its market slowly shifts from travel to outdoor rec. The company’s new 8,000-square-foot facility at 1835 38th St. is open to the public. Outside Business Journal
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June 21, 2022
Clif Bar bought in $2.9 Billion deal with Mondelēz
Global snack food company Mondelēz has revealed plans to buy Clif Bar for an astonishing $2.9 billion. Trading since 1992, Clif Bar has become a global nutrition business generating in excess of $800 million in sales, some of which are routed through the cycling market via distributors. Cycling Industry
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June 13, 2022
Despite the Outdoor Participation Boom, Consumers Aren’t Looking to Spend Money — Unless Something Is on Sale
During The NPD Group’s trend breakfast Friday at Outdoor Retailer Summer in Denver, Matt Powell, the market research company’s senior sports industry adviser, cited data from a recent survey from Civic Science — a partner of NPD — to illustrate consumer behavior. The data revealed several positives for the future...
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June 9, 2022
How One Man Left His Corporate Career In New York City to Start an Outdoor Resale App
Unlike many people, however, when Kozlowski realized his life was not panning out exactly as he wanted, he decided to do something about it. He, along with his wife Erica and their newborn son Sailor, sold everything and started over. He had a business idea in mind, and, as scary...
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June 8, 2022
Turtle Fur Partners with Camano Capital
Turtle Fur, headquartered in Morrisville, Vt., announced that Seattle and Minneapolis-based investment firm Camano Capital has become the company’s majority shareholder. Turtle Fur is a manufacturer and distributor of comfort-focused headwear and accessories in the outdoor, snow sports and lifestyle markets. Inside Outdoor
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June 6, 2022
E-Bikes on Shaky Ground in National Parks Pending Environmental Review
E-bike owners can still ride on national park trails previously reserved for human-powered travel — for now. A District of Columbia federal judge ruled that the National Park Service (NPS) can keep its existing rules in place for e-bike use on trails, but must now conduct its own environmental impact...
