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.-
December 22, 2020
Gucci’s North Face Collaboration Officially Makes Hiking a Fashion Statement
Gucci revealed its collaboration with North Face, capitalizing on the current, situation-induced trend and hinting at how high fashion brands can better cater to the real-life needs, ideals and habits of its customers in the future. Footwear News
-
December 21, 2020
Ski Towns and the Ski Bums Who Staff Them, Ponder Their Survival
Mountain communities have faced plenty of challenges over the years—economic inequality and high rent, climate change and drought and wildfires, overtourism, but the ski town workforce, who often work multiple jobs to make ends meet, are finding it harder than ever to afford the cost of living. Adventure Journal
-
December 19, 2020
Yahoo Finance Digital sales and China emerged as the twin pillars lifting Nike’s Q2 earnings
The sportswear giants’ Q2 revenue came in at $11.2 billion vs. $10.55 billion expected and $10.33 billion year over year. Earnings per share came in at 78 cents vs. 62 cents expected and 70 cents year over year. Digital sales and China emerged as the twin pillars lifting Nike’s Q2...
-
December 18, 2020
Dick’s SG Partners For Same-Day Delivery
Dick’s Sporting Good and Instacart announced that the companies have partnered to launch same-day delivery from more than 150 stores to provide another safe and convenient shopping option for its customers during the holidays and beyond. Stores impacted include Dick’s locations in Connecticut, Delaware, Georgia, Maryland, New Jersey, New York,...
-
December 16, 2020
A ‘Blizzard in Backcountry Sales,’ Reports NPD
Backcountry-related equipment sales in the U.S. grew a staggering 76% in the opening months of this year’s snow season, August through October 2020, compared to the same period last year. Nordic and alpine touring equipment, splitboards, snowshoes, and backcountry accessories including beacons, probes, skins, and avalanche shovels, saw sales grow...
-
December 10, 2020
Vail Resorts (MTN) reports Q1 Loss, misses revenue estimates
Vail Resorts (MTN) came out with a quarterly loss of $3.63 per share versus the Zacks Consensus Estimate of a loss of $3.59, compared to a loss of $2.23 per share a year ago. A quarter ago, it was expected that this ski resort operator would post a loss of...
-
December 9, 2020
REI Elevates Product Standards To Fight Climate Change And Advance Equity
REI is upgrading product standards together with its more than 1,000 brand partners to advance more sustainable and inclusive business practices. By 2030, all products on its shelves will have a preferred attribute so that every purchase at REI supports a more equitable planet. SGB Media
-
December 8, 2020
Pocket Outdoor of Boulder raises additional $5.27M
Pocket Outdoor Media LLC raised $5 million more within its Series A round, bringing its total funds raised in the round to just less than $16.5 million, according to filings with the U.S. Securities and Exchange Commission on Friday. The funds came from an additional 22 people and groups, bringing...
-
December 8, 2020
Everest Gets A Growth Spurt As China, Nepal Revise Official Elevation Upward
The world's highest peak just grew a couple of feet overnight — on paper, at least. After years of fraught discussion and surveying work, China and Nepal announced a revision to the elevation of Mount Everest: Officials say the summit now stands precisely at 8,848.86 meters, or 29,031.69 feet above...
-
December 4, 2020
Dick’s join coalition to combat the sale of fraudulent goods
The Buy Safe America Coalition announced new members – Dick’s Sporting Goods, HP Inc., OpSec Security and Rite Aid. Inside Outdoor
