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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January 26, 2022
French sporting goods retailer Decathlon to shutter last two US locations, both in Bay Area
C'est la vie: French sporting goods retailer Decathlon plans to permanently close its last two stores in the U.S., located in San Francisco and the East Bay. Effective March 15 the retailer will lay off 32 employees across both the San Francisco store at 2300 16th St. and the Emeryville...
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January 26, 2022
Grassroots specialty shops grew 29 percent in sales last year, according to new report
Grassroots members came into the first quarter of 2021 riding a wave of sales growth from the back half of 2020, the numbers show, and posted year-over-year increases of 28 percent by the end of Q2. The back half of 2021 brought similarly healthy sales trends with the help of...
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January 25, 2022
These Are the Outdoor Brands That Will Win in 2022 — and How Retailers Will Tackle Inflation and Supply Chain Challenges
While the impact of the pandemic has been catastrophic, an unintended and unexpected win for the outdoor market has been the fresh group of enthusiasts discovering the benefits of being outside. As COVID-19 ramped up stateside in 2020, so did the numbers of people heading outdoors, but many wondered if...
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January 25, 2022
ELS Reports $53.4M 4Q Revenue, Increased 19.6%
Equity LifeStyle Properties Inc. (ELS), an owner of both manufactured housing and RV communities throughout North America, today (Jan. 25) announced fourth quarter and year-end results for the period ended Dec. 31, 2021. Woodallscm
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January 24, 2022
REI Retail Workers in Manhattan File to Form Company’s First Union
Workers at an REI store in New York City filed to form a union among the location’s 116 employees on Friday. If the effort is successful, the store would be the first of the outdoor recreation equipment company’s 168 locations and 15,000 employees to unionize. The workers have filed for representation by the Retail,...
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January 21, 2022
Gear Aid Inc. Acquires HEROCLIP®
Founded and invented by Mina Yoo in 2014, Lulabop has sold over 1 million units of the patented HEROCLIP® worldwide. With the completion of the acquisition, the versatile, trail ready HEROCLIP® strengthens the fast-growing line of GEAR AID® Adventure Tools™. Outdoor Industry
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January 14, 2022
Evo spends $17.5 million on land for new Seattle development project
Evo this week announced its purchase of a new retail site in downtown Seattle, Wash. The project, dubbed “Campus Seattle,” will expand on an existing evo store and adjacent skatepark, rock climbing gym, and 23,000 square feet of office space to create a full city block of mixed-use retail, sporting,...
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January 14, 2022
Vail Resorts Reports Downbeat Start to Snow Season
One of the snow industry’s largest customer, Vail Resorts, reported a downbeat start to the North American season due to lack of snow and the rise of the Omicron Covid variant. Vail Resorts operates a wide range of well-known resorts and regional ski areas including Vail, Beaver Creek, Breckenridge, Keystone,...
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January 13, 2022
Here’s How Much the Nike Logo Is Actually Worth After It Was Purchased for $35 Nearly 50 Years Ago
How Much Is the Nike Logo Worth? Some say the logo is worth the net worth of the Nike brand, valuing it as a more than $30 billion image. Footwear News
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January 11, 2022
Evo Acquires Rhythm Japan
evo, the outdoor retail and experiences brand, today announced Rhythm Japan, a world-class retail, rental, and experiences company, and Oyuki, the winter essentials brand, will join the evo community. evo will become the parent company, owning 100% of the Japanese business, with the existing Rhythm Japan shareholders becoming part owners of evo....
