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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October 31, 2023
DeFeet Moves Forward After QBP Departure
Hildebran, NC /OUTDOOR SPORTSWIRE/ - DeFeet is announcing the brand's departure from distribution by Quality Bicycle Parts (QBP). DeFeet will no longer be carried by QBP as the distributor adjusted the number of brands it carried in the second half of 2023 downward. “DeFeet enjoyed many years of mutually beneficial...
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October 30, 2023
How Wave Pools Are Deploying AI as a Revenue-Producing Tool
Wave parks seem to be the first to deploy artificial intelligence in a practical way connected to surfing. And it’s immediately being promoted as a revenue tool for them. Wavegarden announced this week that it’s using an AI-based video tracking program, which will allow park guests to track their sessions...
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October 30, 2023
Mountain Hardwear Down 9% in Q3 as Brand Works on Refresh
Outdoor apparel and gear brand Mountain Hardwear posted sales of $29.2 million for the third quarter ended Sept. 30, down 9% compared to the same period last year. The decline was driven by lower fall 2023 wholesale shipments, and was partially offset by DTC growth, said Tim Boyle, CEO of parent company...
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October 30, 2023
LAIRD Opens First Brick-and-Mortar Store in Southern California
LAIRD is opening its first brick-and-mortar store in in Manhattan Beach. Shop Eat Surf talks to CEO Jennifer Arrache about the new store - the company’s next growth step - opening a brick-and-mortar retail location in Southern California. SES
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October 30, 2023
Cotopaxi Partners With New Story To Support Global Homelessness Alleviation Mission
Salt Lake City, UT. (October 30, 2023)/OUTDOOR SPORTSWIRE/ – Certified B Corporation™ adventure brand, Cotopaxi welcomes their newest impact partner New Story, a nonprofit pioneering solutions for families without adequate housing. Cotopaxi will support the organization with funds through the Cotopaxi Foundation, assisting New Story in their goal to build a housing...
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October 28, 2023
Thule’s Profits Bounce Back in Third Quarter
Thule Group reported a strong recovery in earnings in the third quarter as sales rose 8.0 percent. Sales in the North American region decreased 15 percent on a currency-neutral basis. The Sweden-based maker of outdoor and transportation products reported net sales for the quarter amounted to SEK 2,311 million ($205.8...
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October 27, 2023
Columbia Sportswear (COLM) Q3 Earnings Surpass Estimates
Columbia Sportswear (COLM) came out with quarterly earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.80 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.19%. A quarter...
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October 26, 2023
The Ultra Running Company and Fleet Feet Now Running Together
CHARLOTTE, N.C. and CARRBORO, N.C. (Oct. 26, 2023) /OUTDOOR SPORTSWIRE/ – Fleet Feet announced today that it has acquired Charlotte-based run specialty store The Ultra Running Company (URC) from industry veteran and friend Nathan Leehman. Located at 1027 Providence Road, the newly-minted Fleet Feet Charlotte–Myers Park will continue URC’s legacy by...
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October 26, 2023
Canada’s Most Trusted Brand Welcomes Peter Hlynsky as New CEO of Mountain Equipment Company
VANCOUVER, BC, OCTOBER 26, 2023/OUTDOOR SPORTSWIRE/ – Mountain Equipment Company (MEC), Canada’s Most Trusted Brand, announces today that Peter Hlynsky will move into the role of Chief Executive Officer. He will assume the duties of Eric Claus, who was instrumental in steering the iconic Canadian retailer through its transition from co-op to...
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October 26, 2023
Hoka Continues to Drive Deckers Brands in Q2, Ugg Returns to Profit
Shares for Deckers Brands were up nearly 10 percent on Thursday evening after the bell, as the footwear company reported another positive quarter driven by its star Hoka and Ugg brands. The Goleta, Calif.-based footwear company reported net sales in the second quarter of 2024 increased 24.7 percent to $1.09...