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 5, 2021
Canada Goose revenue beats estimates as online demand surges
Canada Goose beat estimates for quarterly revenue and profit on Thursday, boosted by a surge in online sales and increased demand for its luxury parkas in China, sending the company’s U.S-listed shares up nearly 21%. CNBC
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February 5, 2021
Vista Outdoor’s Q3 Profits Soar As Sales Climb 35 Percent
Vista Outdoor Inc. reported total sales grew 35 percent in the third quarter ended December 27. Shooting Sports segment sales jumped 41 percent while Outdoor Products Sales gained 24 percent. Net earnings on an adjusted basis surged five-fold. SGBMedia
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February 5, 2021
Online Growth a Bright Spot for Columbia Sportswear in Q4
On Thursday, Columbia reported operating income for the fourth quarter, ended Dec. 31, 2020, decreased 11 percent to $123.7 million, or 13.5 percent of net sales, from $138.6 million, or 14.5 percent of net sales, for the comparable period in 2019. Net sales decreased 4 percent to $915.7 million from...
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February 5, 2021
GoPro stock falls after revenue comes up short
Shares of GoPro (NASDAQ:GPRO) decreased in after-market trading after the company reported Q4 results. Earnings per share fell 44.29% over the past year to $0.39, which beat the estimate of $0.38. Yahoo Finance
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February 5, 2021
The widow of a tourist killed by falling tree in Big Sur sues the state
The wife of a tourist who was killed when a tree limb fell 30 feet and landed on him at a Big Sur campground has sued the state of California, alleging the state failed to properly care for the trees and should have known they posed a danger to park...
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February 5, 2021
Forest Selfies Are Helping Save B.C.’s Old-Growth Trees
For over a decade, TJ Watt has been shooting photos of disappearing forests in Canada's westernmost province. This striking before-and-after series may help protect what's left. Outside
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February 5, 2021
Snowshoe shortage: With weeks to go in the winter, many stores are out of them
This winter, due to the pandemic and folks wanting to get outdoors and try new things, there has been an unprecedented run on snowshoes. NYup.com
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February 4, 2021
Behind one brand’s ambitious goal to be “Plastic Free by ‘23”
To celebrate turning 25 last year, Icebreaker passed on the birthday blowout for itself and instead decided to throw a party for the planet. The New Zealand-based global apparel brand decided it would honor the earth through an ongoing environmental campaign designed to eradicate synthetics from its entire collection within...
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February 4, 2021
McKinsey: “In such difficult times, you can make a fortune or fail”
World-renowned consulting firm McKinsey looks at eight key factors to determine future success in the sporting goods industry. ISPO
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February 2, 2021
Arc’teryx appoints CEO
Amer Sports Corporation announced the appointment of Stuart Haselden to chief executive officer at Arc’teryx Equipment. Most recently, he served as CEO for the lifestyle luggage brand Away, was the CEO and CFO for Lululemon Athletica Inc., CFO of J. Crew Group, Inc. and VP of Saks Incorporated. SGB Media
