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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March 17, 2021
Should outdoor sales reps unionize?
While some reps work in-house for brands, the majority independent contractors, operating solo or for a sales agency. When the pandemic struck, independent reps were left on their own to navigate underemployment and job uncertainties. The industry shakeups of 2020 also magnified preexisting issues, like lack of workers’ compensation or...
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March 17, 2021
Riding That Gravy Train: Outdoor Collaborations with Grateful Dead Rising
From its limited-edition snowboard collaboration with Burton seven years ago to a partnership with Buff Headwear and a limited production run with The North Face in 2015 (the band played the store’s first store opening in San Francisco), the Dead has a long, strange history of aligning with outdoor brands....
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March 11, 2021
Camping World Holdings Announces Planned Acquisition of Nielson RV in Utah
Camping World Holdings, Inc., America’s recreation dealer, announced that an agreement has been signed to acquire Nielson RV. The agreement includes two RV Dealership locations, St. George, UT and a second in Hurricane, UT. The deal is anticipated to close in Spring 2021. Businesswire
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March 11, 2021
Vail Resorts Sees Improving Visitation Rates
Net income attributable to Vail Resorts, Inc. was $147.8 million for the second fiscal quarter of 2021, a decrease of 28.4 percent compared to the second fiscal quarter of 2020, primarily as a result of the negative impacts of COVID-19. SGB Media
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March 10, 2021
Nepal to Reopen Everest for Spring 2021 Despite Ongoing Pandemic
Last spring, the decision to cancel the Everest climbing season came early, with Nepal pulling the plug on March 13. Things seem to be moving full steam ahead for 2021 however. The country’s Department of Tourism has already begun issuing permits for the mountain just a few short weeks before the...
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March 10, 2021
Foreign Spectators Won’t Be Allowed to Attend Tokyo Olympics
After months of speculation, Japan has decided to deny foreign spectators from attending the Tokyo Olympics and Paralympics. The Summer Games were expected to host around 1 million foreign spectators. Front Office Sports
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March 8, 2021
How Gyms Found a Way Through the Pandemic
Many gyms have closed during the pandemic, but some have found creative ways to persist. Fifty-four million Americans have received at least one COVID-19 vaccination shot as of last Thursday, and with that comes more people getting back to pre-pandemic routines, including going to the gym. Front Office Sports
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March 8, 2021
Garmont sold to Riello lnvestimenti Partners
Riello Investimenti Partners has acquired a 65% stake in outdoor footwear specialist Garmont International. Following the deal, Garmont CEO Pierangelo Bressan will retain a 30% stake in the company, while chief financial officer Terry Urio will hold a 5% stake. Shoe Intelligence
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March 8, 2021
T-street Capital Announces Growth Equity Investment In Hyperlite Mountain Gear
T-street Capital, LLC has completed an investment in the high-performance backcountry superfan brand, Hyperlite Mountain Gear, a popular designer and manufacturer of high-tech, ultralight gear including backpacks, tents, and accessories. PR Newswire
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March 4, 2021
Most customers will abandon a brand after three – or fewer – negative experiences, finds study
Customer retention and customer satisfaction could actually play a much larger role in growing revenue. New data shows that customers are abandoning brands after a maximum of three poor experiences, reflecting the need for brands to keep up the quality of their brand interactions. Footwear News