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Garmin (GRMN) Q3 earnings and sales beat estimates, up Y/Y. GRMN has reported third-quarter 2020 pro-forma earnings of $1.58 per share, beating the Zacks Consensus Estimate by 56.4%. Net sales were $1.11 billion, which surpassed the Zacks Consensus Estimate of $907.4 million. Read more on yahoo!finance. CAMPING Camping goes mainstream: Glamping and RVs help make outdoor overnights effortless. Glamping has come into the spotlight, with luxurious sites set up in beautiful places from Joshua Tree National Park to Yellowstone, Zion and beyond. The budding industry that’s suddenly exploding could be worth $4.8 billion by 2025. Find out more on Orlando Sentinel.
Alberta camping reservations skyrocketed 5000% during
pandemic. Albertans looking for a way to be active and outdoors while adhering to public health measures have turned to one activity during the pandemic — camping. Numbers show a massive jump in provincial park campsite reservations in recent months, going from 5,209 in September 2019 to 286,657 in Sept. 2020 - an increase of more than 5,400%. Read more on CTV News.
Interested in more camping business news, products and announcements? Subscribe to our new newsletter Camping Newswire here.
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LATEST PRESS RELEASES (All news here)
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Sara Souza Receives Charles (Reb) Gregg Wilderness Risk Management Award at the 2020 Wilderness Risk Management Conference - At the annual Wilderness Risk Management Conference, Sara Souza received the Charles (Reb) Gregg Wilderness Risk Management Award for her significant contributions to risk management in outdoor education and adventure professions. Souza launched a field research safety program which supports the 41 field stations and reserves that make up the UC Natural Reserve
System. MORE
BUSINESS Deuter Partners with Arrive Outdoors to Deliver Affordable Gear Rentals - Deuter, makers of technical backpacks, announces an exclusive partnership with Arrive Outdoors, the popular outdoor gear rental and experience company. Consumers can now rent Deuter
backpacks from Arrive Outdoors rental platform to use for any adventure, from backpacking expeditions to day hikes at the local trailhead. MORE
EVENTSInternational Parkour Federation (IPF) 2020 Announces Asia Parkour Cup - International Parkour Federation (IPF), the world governing body for the sport of Parkour, announces its first-ever IPF Asia Parkour Cup. In keeping with safety guidelines, the event is virtual, with 35 top male and female athletes from 13
IPF member countries representing East, South and West Asia, competing online in an Instagram-friendly freestyle elimination format. MOREGIVINGDiamondback Partners with Rach McBride to Provide Women’s Gravel Scholarship - Diamondback, builders of performance bicycles, has partnered with IRONMAN Rach McBride to facilitate and launch the Women’s Gravel Scholarship for one deserving rider. To encourage more female and non-binary participation in the sport, and to
help remove barriers to entry, Diamondback will provide a model of its newest carbon gravel bike, the Haanjo 8C and swag from McBride’s other sponsors. MORE
Electrolit Donates Nearly One Million Dollars in Hydration Beverages to Support COVID-19 Frontlines - Electrolit – the preferred, premium hydration beverage – has donated over $230,000 worth of product to frontline COVID-19 medical care professionals and nurses in the Illinois, New York and Florida. The donation marks the brand’s second massive contribution to frontliners this year, totaling nearly one million dollars in contributed product. MORE
SPONSORSHIPS
TransRockies Gravel Royale Pairs with Felt Bicycles as Presenting Sponsor - TransRockies Race Series, a global leader in adventure stage races, announces Felt Bicycles as presenting sponsor of TransRockies Gravel Royale. Together, they will build upon the momentum of gravel cycling with the new and highly anticipated stage race taking place in British Columbia on Aug. 23–26, 2021. MORE
Deuter Celebrates 16 Years with Banff Centre Mountain Film and Book Festival - Deuter, makers of backpacks and outdoor equipment, announces its partnership with Banff Centre Mountain Film and Book Festival - 75 films and 40 events available to watch on online from Oct. 31-Nov. 8.
Deuter continues continues as the exclusive backpack sponsor for the event’s first virtual showcase, designing a custom, official backpack for the festival, The Banff Lite 12L pack. MORE
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