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.
-
August 5, 2021
GoPro’s Q2 Revenues Jump 86 Percent
Sales jumped 86% and GoPro subscribers were up 211%. Revenue for Q2 2021 was $250 million, compared to $134 million in Q2 2020, up 86% year-over-year; Q2 2021 GAAP net income was $17 million, or $0.10 per share, compared to a net loss of $51 million or ($0.34) per share...
-
August 5, 2021
Levi Strauss & Co. to Acquire Activewear Brand Beyond Yoga
The acquisition will bring the athletic and lifestyle apparel brand Beyond Yoga brand to more consumers through direct-to-consumer expansion, including brick-and-mortar retail, gender and category growth, and further develop its wholesale footprint with premium partners. With this transaction, LS&Co. enters the activewear category. Businesswire
-
August 4, 2021
Froggs Toggs Acquires Insights Outdoors
The acquisition of the hunting and fishing gear company enhances the Froggs Toggs’ existing product lines by expanding its current offerings to add hunting and fishing bags and packs, which Insights Outdoors are known for. SGB Media
-
August 3, 2021
Wolverine Acquires Sweaty Betty for $410 Million as It Looks to Expand Digital and Reach More Women
Wolverine World Wide is furthering its goal to expand its digital presence with the acquisition of fitness lifestyle brand Sweaty Betty. The move represents Wolverine’s commitment to e-commerce, which also gives Wolverine a stake in the competitive women’s activewear category. FN
-
August 3, 2021
How outdoor sales reps are reinventing their businesses
As sales reps return to in-person work, bespoke, private showrooms have become the new norm. People want to be able to see and feel the product, things buyers just can’t do virtually or through a catalog, so sales reps are drumming up ways to virtually present their products for a...
-
August 2, 2021
Columbia Sportswear Raises Outlook On Strong First Quarter Profits
Columbia Sportswear Company’s second-quarter 2021 net sales increased 79% to $566.4 million, compared to second quarter 2020. Second-quarter 2021 operating income of $35.0 million, or 6.2% of net sales, compared to a second-quarter 2020 operating loss of $70.3 million. SGB Media
-
July 31, 2021
The Outdoor Market Is Missing Out on Hundreds of Millions of Dollars Worth of Business With Women: Here’s Why
There are hundreds of millions of dollars worth of business being left on the table from women buyers, so whoever is not appealing that customer base is missing a huge opportunity. Getting more women outdoor footwear consumers is simple - make women’s-specific shoes and make them cute. Those are the...
-
July 31, 2021
IOC acknowledge current transgender guidelines out of date with new framework to be revealed
International Olympic Committee (IOC) medical and scientific director Richard Budgett has acknowledged current guidelines around transgender athletes are no longer fit for purpose, with the organisation set to publish an updated framework to guide International Federations in devising their own rules. Inside The Games
-
July 30, 2021
Emerald Reports First Quarter 2021 Losses
For the first quarter of 2021, Emerald reported revenues of $12.9 million compared to revenues of $99.7 million for the first quarter of 2020, a decrease of $86.8 million, or 87.1% due to the COVID-19 crisis. The company owns Outdoor Retailer, Surf Expo and many others, See all the numbers...
-
July 30, 2021
Newell’s Outdoor & Recreation Segment Delivers 28 Percent Growth In Q2
Newell Brands Inc. reported its Outdoor & Recreation segment generated net sales of $453 million in the second quarter compared with $353 million in the prior-year period, a gain of 28.3 percent. The Outdoor & Recreation segment includes Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot, Stearns, and ExOfficio. SGBMedia
