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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May 6, 2021
GoPro’s First-Quarter Sales Surge 71 Percent
Revenue for Q1 2021 was $204 million, compared to $119 million in Q1 2020. GoPro.com generated $82 million in revenue in Q1 2021, or 40% of total revenue and up 224% year-over-year. SGB Media
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May 6, 2021
IOC and Pfizer strike vaccine deal for Tokyo 2020 athletes
The British Olympic Association has been handed a boost in its bid to vaccinate all its athletes and support staff prior to the start of the Olympic Games in Tokyo in less than 12 weeks’ time. Under a deal struck between the International Olympic Committee and pharmaceutical giant Pfizer, vaccines...
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May 5, 2021
GCI Outdoor Acquired By MacNeill Pride Group
MPG, a portfolio company of Centre Partners, is a designer and manufacturer of outdoor products and sporting goods. Its brands include ORCA, PrideSports, Champ, Pride Golf Tee, and Professional Tee System. SGB Media
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May 5, 2021
GCI Outdoor Acquired By MacNeill Pride Group
MacNeill Pride Group (MPG) has acquired GCI Outdoor (GCI), the designer of portable outdoor recreation equipment. GCI’s product range includes portable camping chairs, camp kitchens, waterside chairs and recliners, and other outdoor gear. SGB Media
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May 5, 2021
Oura Brings In $100M in Funding
Oura Health announced Tuesday that it has raised $100 million in Series C funding, bringing the company’s total funds to $148.3 million. The wearable fitness manufacturer produces the Oura Ring, a sleep and activity tracker you can slide on your finger. More than 500,000 have been sold. Front Office News
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May 4, 2021
Camping World (CWH) Surpasses Q1 Earnings and Revenue Estimates
Camping World, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $1.56 billion for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 22.53%. This compares to year-ago revenues of $1.03 billion. The company has topped consensus revenue estimates four times over the last...
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May 3, 2021
Coleman Shines In Newell’s Outdoor & Recreation Segment In Q1
Newell Brands said strong sales of Coleman coolers, tents and stoves and improving trends at Marmot and ExOfficio helped drive a 9.4 percent sales gain for its Outdoor & Recreation Segment in the first quarter. The Outdoor & Recreation segment includes Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot, Stearns, and ExOfficio. In the...
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April 30, 2021
Climbers Group Buys Big New Climbing Area in Tennessee
Woodcock Cove is 64 acres of undeveloped land with dozens of climbing routes in eastern Tennessee, and now it’s protected after being purchased by the Access Fund and the Southeastern Climbers Coalition. The climbing is on sandstone cliffs, including a freestanding tower 75 feet tall. Adventure Journal
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April 30, 2021
Emerald Holding Sees Steep Q1 Revenue Drop
Emerald Holding Inc. reported revenues tumbled 87% as results continue to be negatively impacted by event cancellations due to the pandemic. Emerald is actively pursuing collection of the remaining unpaid amounts of filed insurance claims for its canceled and impacted 2020 events. To date, Emerald has submitted $167 million in...
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April 30, 2021
Catch Co. Reels In $38M Series B For Fishing Platform
Catch Co., which developed a fishing brand, content and commerce platform, closed on $38 million in Series B funding to continue creating offerings for people who like to fish. Founded in 2012 as a monthly fishing tackle subscription offering for fishing lures called Mystery Tackle Box, Catch Co. now has...
