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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September 25, 2024
Why Are So Many Surf Stars Becoming Corporate Speakers?
“Everyone wants to be able to navigate the waves like the world’s top surfers,” says the Athlete Speakers website, one of America’s largest sports marketing and athlete booking agencies. “Surfing speakers are the epitome of cool and share their stories with corporate groups, charities, universities, faith-based groups and other organizations looking to...
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September 24, 2024
THOR Reports $2.53B in Q4 Net Sales
THOR Industries announced financial results for its fourth fiscal quarter ended July 31, 2024. Consolidated net sales were $2.53 billion in the fourth quarter of fiscal 2024, compared to $2.74 billion for the fourth quarter of fiscal 2023. Consolidated gross profit margin for the fourth quarter of fiscal 2024 was 15.8%,...
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September 12, 2024
Vista Outdoor Execs to Receive $1.2 Million Bonuses to Complete Strategic Review
Two more executives leading the strategic review at Vista Outdoor will receive bonuses upon the completion of the review, this time in the amount of $1.2 million, according to documents filed with the SEC. Eric Nyman, the CEO of Revelyst, and Jason Vanderbrink, the CEO of Vista Outdoor, were granted the awards...
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September 12, 2024
Snow Peak Acquires Majority Stake in Swift Fly Fishing Co.
Snow Peak recently acquired a majority share in Swift Fly Fishing and announced that the business is now a subsidiary. Founded in 1958, Snow Peak is a Japanese camping and hiking equipment manufacturer offering experiences that bring the “outdoors into everyday life.” Founded by Carl McNeil and Jeanie Ackley, Swift...
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September 10, 2024
Backcountry Acquired by Tech Platform CSC Generation Enterprise
Technology platform CSC Generation Enterprise has acquired outdoor retailer Backcountry, a large account for the outdoor industry, including its portfolio of brands MotoSport, Competitive Cyclist, and Steep and Cheap. Former owner TSG Consumer Partners, a private equity firm, acquired Backcountry in 2015 from Liberty Interactive Corporation. Under TSG, Backcountry experienced different leadership teams...
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September 9, 2024
Momentous ‘DC Fly-In’ Brings Outdoor Priorities to Legislators’ Doorstep
More than 75 leaders in outdoor recreation will descend on Capitol Hill this week to convince U.S. lawmakers that the industry deserves more money and protection. Foremost among the group’s objectives will be shoring up support for the EXPLORE Act, which advocates call the “first big package to deal with outdoor...
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August 30, 2024
Updated: Mountain Warehouse Approved to Buy Eastern Mountain Sports Stores
Outdoor retailer Mountain Warehouse was approved to acquire seven Eastern Mountain Sports (EMS) stores after no other offers followed the U.K.-based chain’s $5 million stalking horse bid. That means EMS, Bob’s Stores, and their related entitles still owe PNC Bank approximately $5 million, said Goldstein & McClintock’s Maria Aprile Sawczuk at...
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August 28, 2024
National Parks Contributed Record $55.6B to US Economy
The Department of the Interior’s National Park Service released a new report that finds visitor spending in communities near national parks in 2023 resulted in a record high $55.6 billion benefit to the nation’s economy and supported 415,400 jobs. The National Park Service report, 2023 National Park Visitor Spending Effects, finds that 325.5 million...
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August 26, 2024
July RV Shipments Up 17.5%
Results for the RV Industry Association (RVIA)’s July 2024 survey of manufacturers found that total RV shipments ended the month with 24,116 units, an increase of 17.5% compared to the 20,520 units shipped in July 2023. To date, RVs are up 9.4% compared to the same timeframe last year with 202,712 units...
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August 20, 2024
Patagonia Gives All US Employees Paid Time Off to Vote Early
This year, the outdoor apparel company with more than 2,000 employees in the U.S. will close its stores, warehouse and offices on Tuesday, Oct. 29, 2024, which is national Vote Early Day. Employees will receive a paid day off and have the entire day to vote early and volunteer. The company...
