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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December 1, 2020
Surfline, Surfing’s Biggest Media Platform, Drops Into Massive Pile of Cash
A deep-pocketed venture capital firm, The Chernin Group, just plunked $30 million into Surfline, a media company that focuses on surfing coverage and live wave and weather forecasts for surfers. The money will be used in part to improve Surfline's technology arm, which powers the proprietary swell and weather modeling...
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November 25, 2020
Biden taps John Kerry for presidential climate envoy
John Kerry's first big task as climate czar will be helping the U.S. rejoin the Paris Climate Agreement, which Kerry himself helped architect. Another important task is rolling back dozens of anti-environmental regulations enacted by the Trump administration over the last four years, including many that reduced limits on fossil...
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November 25, 2020
Dick’s SG To Test New Outdoor Concept
Dick’s Sporting Goods confirmed it will be testing a new outdoors-themed concept, called Public Lands, with two locations set to open in former Field & Stream stores in 2021. The company plans to test the Public Lands concept with one opening planned for August 2021 and the second for October....
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November 24, 2020
Dick’s Earnings and Sales Blast Past Forecasts, Names New CEO
Dick’s Sporting Goods announced that its board of directors unanimously elected president Lauren Hobart to the post of CEO, effective Feb. 1. Dick’s also posted stronger-than-anticipated quarter: For the three months ended Oct. 31, it logged profits of $182.2 million, or earnings of $2.01 per share, compared with the prior...
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November 24, 2020
Athleta’s Q3 Sales Jump 35 Percent
Net sales were flat year-over-year at $4.0 billion, above Wall Street’s consensus estimate of $3.80 billion. The performance reflected a 61% increase in online sales, offset by a 20% decline in store sales. Notably, 40% of the company’s sales were online in the third quarter. Athleta operated 198 stores at...
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November 20, 2020
The Backcountry trademark fiasco, one year later
One year after The Colorado Sun broke a huge story that became one of the year’s biggest scandals in the outdoor industry, SNEWS followed up with some of the affected companies to see if the online retailer Backcountry.com has made good on its promises.
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November 20, 2020
How COVID-19 Could Actually Be Good for Skiing
Resort executives are warning customers that skiing will be different this season, with the coronavirus pandemic and ensuing restrictions reminding skiers of that. Outside
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November 16, 2020
‘Wall Street Journal highlights the rise of ‘Covid Campers’
After months of living under work-from-home measures and travel restrictions, many cabin-feverish Americans are looking for safe ways to work outside their house and see new places, too. They are turning to “Covid Campers”: specially fitted recreational vehicles – or retrofitted existing vehicles – that offer the comforts of home...
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November 16, 2020
RV’ing it across the country while running a business
Three productivity rules that allow this business owner to do it. Entrepreneur
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November 16, 2020
2020 SNEWS Retailer Survey results, part 1: Sales volume
172 independent retailers across the country responded to this year's annual survey. This is part one of a multi-part series. SNEWS
