The outdoor industry suffers another month of stock market losses
Publicly traded outdoor companies saw their collective shares decline 5.9 percent in February.
Eric Smith is an award-winning business journalist who covers breaking news, economic insights, market trends, and M&A across the outdoor industry. He is a former sportswriter for the Anchorage Daily News and, most recently, a senior business editor for SGB Media. His outdoor business writing also has appeared in Outdoor Retailer’s Snow Show Daily, REI’s Co-op Journal, and Warren Miller’s SnoWorld. Originally from Memphis, Tennessee, Eric now lives in Louisville, Colorado. Reach him by email, on LinkedIn, Twitter, or at his website.
Publicly traded outdoor companies saw their collective shares decline 5.9 percent in February.
Publicly traded outdoor-focused companies saw their shares fall 8.9 percent in January, capping a turbulent month.
After making a slow climb from substantial Q3 losses, the OBJ Outdoor Index experienced another smaller loss under holiday supply chain strains and Omicron variant worries.
Only a handful of outdoor companies saw their shares grow rather than decline last month as the new Covid variant sent jitters through the market.
Limmer Boots has produced world-class footwear since 1919. After working through a few years of transition, the business has new leadership in Chris Sawyer and Adam Lane-Olsen, two brand loyalists who want to carry the company's legacy forward.
Shawn Neville, who joined BOA five years ago, dishes on his company’s recent ownership change, how Covid impacted demand, threats to the brand’s success, and what’s next.
Former Amer Sports sales director Jon Hanson plans to make a name for the nascent brand reminiscent of Spyder's rise to prominence in skiwear.
More outdoor companies saw their shares grow rather than decline in October, but the industry still lags behind other sectors as supply chain concerns intensify.
In the third quarter, even in the face of continued supply chain congestion, outdoor-focused public companies continued to post positive sales and profit figures.
The recently formed parent company of four outdoor brands began trading on the New York Stock Exchange on Thursday.