Outdoor Industry Economic Contribution Grows to $1.2 Trillion in 2023

Employment also grew in 2023 to five million jobs, according to numbers collected by the Bureau of Economic Analysis.

Revenue at Arc’teryx Parent Amer Sports Grows 17%, Salomon Appoints New CEO

Amer outperformed the market in Greater China and APAC, where revenue grew by 56% and 47%, respectively, in the third quarter.

Behind the Scenes at HO Sports’ New Lakeside Water Ski Production and Innovation Facility

The new facility in Arlington, Washington, will allow brands at Kent Outdoors to quickly test and iterate on new designs, says Dave Wingerter, vice president of product management and global brand director at HO Sports Company.

Vuori Valued at $5.5 Billion in New Round of Investment

The company announced Friday that two private equity firms – General Atlantic and Stripes – along with a cohort of additional investors, are sinking $825 million into Vuori.

Black Diamond’s Plan to Shrink to Improve Profitability Takes Hold

While Black Diamond is making progress simplifying the business and improving the bottom line, the outdoor market remains in “recession,” according to President Neil Fiske.

Merrell Returns to Growth as Wolverine Worldwide Continues Turnaround Plan

Saucony also had better-than-expected results in the third quarter. The company raised its revenue forecast for the year.