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.
-
June 1, 2022
GoDigital Acquires Eastern Mountain Sports, Bob’s Stores
GoDigital Media Group LLC has acquired Eastern Mountain Sports (EMS), an outdoor apparel brand and retailer, and Bob’s Stores, a retailer of apparel, footwear and workwear from U.K.-based Frasers Group plc. Inside Outdoor
-
May 31, 2022
Camping World to Expand National Footprint in 11 Major Markets by End of 2022
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), America’s Recreation Dealer, today announced plans for their continued expansion of their RV sales and service network through the completion of 11 new dealership locations, in seven states, by the end of 2022. This announcement is on the heels of the acquisition...
-
May 20, 2022
Outside Inc. Lays Off 15% of Staff as It Transitions to Digital
Outside Inc. told staff on Friday that it would be laying off around 15% of its 580-person workforce––between 85 to 90 people––as the bundled publisher continues its transition to a primarily digital company, the Denver Business Journal reported Friday. The media company, which is composed of 36 individual publishers including Backpacker, Ski...
-
May 20, 2022
Thoughts on Outside’s Layoffs, Outdoor Media, and Adventure Journal
Anyone who is surprised by the news that Outside is reducing its stable of magazines and laying off approximately fifteen percent of its staff was not paying attention. Adventure Journal
-
May 19, 2022
Dozens of Outdoor Brands Commit to Ambitious Climate Accords
The coalition of 70 Scandinavian outdoor brands aligned its membership with the Intergovernmental Panel on Climate Change’s (IPCC) global warming recommendations. SOG will now require member brands to commit to a maximum 1.5-degree C global warming target in 2022. Specifically, the brands will comply with the UNFCCC’s Race to Zero...
-
May 19, 2022
Canada Goose Posts Surprise Profit In Fiscal Fourth Quarter
Total revenue increased by 6.8 percent to $223.1 million from $208.8 million. Due to a 53-week fiscal year, the current quarter ended April 3, 2022 started and concluded one week later than the comparative quarter. Using the same trading weeks as the comparative quarter in both periods, total revenue would...
-
May 19, 2022
The North Face Helps Drive VF Corp. Revenue Increases in Q4, While Vans’ Sales Flatten
Shares for VF Corporation rose 3% in after market on Thursday as the company reported its fourth quarter and full year fiscal 2022 results. On Thursday, VF reported a revenue increase of 9% to $2.8 billion in the fourth quarter of 2022. VF Corp. said in a statement that revenue...
-
May 16, 2022
Gregory’s Sales Decline 4 Percent In First Quarter
Samsonite International S.A. reported sales in the first quarter ended March 31 at Gregory reached $15.1 million against $15.8 million a year ago, a decline of 4.0 percent on a reported basis. Sales were flat on a currency-neutral basis. SGB Media
-
May 13, 2022
Is It Time for Outdoor Businesses To Dump Facebook?
If the social platform is a virtual public square, as Mark Zukerberg has proclaimed, it’s one that’s rife with hate, lies, weaponized disinformation, and—in the virtual metaverse—a starkly anti-outdoor worldview. Now that its value as an advertising partner has changed the calculus, it’s worth asking again: Is Facebook simply too...
-
May 13, 2022
New York City Climbers Are Selling NFTs to Finance a New Gym
Using revenue from NFT sales, group members say they will avoid costs incurred by other crowdsourcing platforms, such as GoFundMe or Kickstarter, which can range from 2.9 to 5 percent of the total raised. Just 4 News
