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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February 12, 2024
American Mountain Guides Association 2024 Affinity Programs Announced
Boulder, CO/OUTDOOR SPORTSWIRE/ – The American Mountain Guides Association (AMGA) is pleased to announce the launch of the 2024 AMGA Affinity Programs. Since 2018, the AMGA, with support of community and corporate partners, has been able to offer 32 Affinity Programs for 231 participants with scholarships totaling $253,744. The AMGA...
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February 9, 2024
Prana Records 21% Revenue Drop in 2023
Active lifestyle brand Prana’s 2023 revenue dropped 21% to $113.6 million as parent company Columbia Sportswear works to find the formula that will return the brand to growth. Columbia acquired Prana in the summer of 2014 for $190 million in cash. At the time, Prana was expected to generate $100 million in...
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February 7, 2024
GoPro Q4 and 2023 revenues each decrease 8%
GoPro Inc. fourth-quarter revenue declined 8% year-over-year as did its 2023 revenue despite camera sell-through increases in the second half of the year. Quarterly revenue was $295 million, compared with $321 million year-over-year. For the year it was $1.0 billion, compared with $1.09 billion in 2022. Bicycle Retailer
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February 7, 2024
Bill Supple elevated to North American Managing Director for Outdoor & Sports Company Inc.
TORONTO (February 7, 2024)/OUTDOOR SPORTSWIRE/ – Outdoor & Sports Company Inc. (OSC), the North American arm of Outdoor & Sports Company Limited based in Manchester, UK, which brings its cutting edge and high performance British outdoor brands, including Mountain Equipment and Bridgedale, to discerning outdoor enthusiasts in the US and Canada, has...
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February 6, 2024
Sorel 2024 Revenue Expected to Fall Double Digits
Industry footwear brand Sorel, owned by Columbia Sportswear, is experiencing weak sell through this season, which is weighing on future wholesale orders, according to Columbia executives. The brand has been a growth story for Columbia in the past. The Daily Outdoor Retailer
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February 6, 2024
Headliners And Tickets Announced for Denver’s Inaugural Outside Festival, June 1 – June 2, 2024
DENVER, CO – February 6, 2024 /OUTDOOR SPORTSWIRE/ - Excitement is building in the Mile High City as tickets for the new Outside Festival officially go on sale starting this Thursday, February 8, with Fleet Foxes, Thundercat, Lettuce, Andrew Bird, Say She She, The Heavy Heavy and other musical artists...
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February 6, 2024
Legacy of Fort Scott National Historic Site Expanded
Washington, D.C. (February 6, 2024)/OUTDOOR SPORTSWIRE/ – National Park Trust and the National Park Service announced a successful partnership that will help to preserve a critical piece of American history at Fort Scott National Historic Site in Kansas. This multi-year collaboration, resulting in the acquisition of a ¾-acre private property within the...
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February 5, 2024
Unlocking New Adventures: Sea to Summit Acquires Cirdan, Strengthens Nordic Presence
Perth, Western Australia (February 5th, 2024) /OUTDOOR SPORTSWIRE/ - Sea to Summit Pty Ltd, the globally recognized adventure equipment brand headquartered in Perth, Western Australia, is delighted to announce the acquisition of Cirdan AS, its current distributor in Norway, Sweden, and Finland. This strategic move marks a significant milestone in...
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February 5, 2024
Columbia Sportswear Facing Layoffs and Cost Cuts
Columbia Sportswear is facing tough outdoor and wholesale challenges ahead. A lackluster fourth-quarter report resulted in layoffs, as well as an expectation for “erosion in profitability” in 2024. And the company’s challenges include cautious retail partners and greater competition from other brands. The company projected first-quarter net sales to be...
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February 5, 2024
Alterra Mountain Company to buy Arapahoe Basin in Colorado
Alterra Mountain Company has entered into an agreement to purchase Arapahoe Basin in Colorado. The ski resort is currently owned by Dream Unlimited Corp. A-Basin often boasts the longest ski season in Colorado, many times running through June and even July 4. The ski resort is located 68 miles from...